Macroeconomics plus Pearson MyLab Economics with Pearson eText, Global Edition

by Olivier J. Blanchard

This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content which is especially relevant to students outside the United States. This package includes MyLab. For intermediate courses in economics. A unified view of the latest macroeconomic events In Macroeconomics, Blanchard presents an integrated, global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. Organized into two parts, the text contains a core section that focuses on short-, medium-, and long-run markets and two major extensions that offer more in-depth coverage of the issues at hand. From the major economic crisis that engulfed the world in the late 2000s, to monetary policy in the US, to the problems of the Euro area, and growth in China, the text helps students make sense not only of current macroeconomic events but also of those that may unfold in the future. Integrated, detailed boxes in the 8th Edition have been updated to convey the life of macroeconomics today, reinforce lessons from the models, and help students employ and develop their analytical and evaluative skills. Reach every student by pairing this text with Pearson MyLab Economics MyLab is the teaching and learning platform that empowers you to reach every student. By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. Pearson MyLab Economics should only be purchased when required by an instructor. Please be sure you have the correct ISBN and Course ID. Instructors, contact your Pearson representative for more information.

Paperback

First published November 27, 2011

About the author

Olivier Jean Blanchard is currently the chief economist at the International Monetary Fund, a post he has held since September 1, 2008. He is also the Class of 1941 Professor of Economics at MIT, though he is currently on leave. Blanchard is one of the most cited economists in the world, according to IDEAS/RePEc.

Blanchard earned his Ph.D. in Economics in 1977 at MIT. He taught at Harvard University between 1977 and 1983, after which he returned to MIT as a professor. Between 1998 and 2003 Blanchard served as the Chairman of the Economics Department at MIT. He is also an advisor for the Federal Reserve Banks of Boston (since 1995) and New York (since 2004).

Blanchard has published numerous research papers in the field of macroeconomics, as well as undergraduate and graduate macroeconomics textbooks (including his extremely popular Macroeconomics).

Reviews

[Evoli · Rating 4 out of 5]

Sometimes slightly chaotic and laborious to understand the writing, however, overall, a solid read for someone who wants to understand fundamentals of macroeconomics on a deeper level.
Huge plus is the fact that there are many explanation graphs and diagrams accompanying the information, which allow a much needed visual representation for the student’s/reader’s better understanding of the contents.

Personally I must admit that I got partially bothered (maybe even bored, at times) by the fact that the author started stating the vast majority of every presented theory from the very beginning, so to say, for example, kept “deriving” how a certain formula came into existence from scratch…
Although, I believe that this is just a personal and subjective preference of mine that I’d just like to have a clear presentation of a fact and not a lot of rather “unnecessary” background information, which isn’t vital for the understanding of the subject matter.
I prefer it short and simple without a lot of questioning fundamentals. I JUST CRAVE A BASIC ANSWER (that can easily be directly applied in practice) and not those “stories starting from Adam and Eve” and going on until the 21st century. In short: Just explain a certain historical time/phase to me… When I ask about Renaissance please please please don’t start telling me about the Stone Age, I am begging.

Anyway-
For people who really want to get to THE ultimate core, are determined to understand minor details and ready to invest a lot of their time into the subject, this truly is a book which manages to present information on a qualitatively high level and in an extensive manner.

[Omar · Rating 5 out of 5]

You can tell Blanchard chose every word carefully. Brilliant textbook.