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Advanced Macroeconomics Hardcover – 16 September 2005

by David Romer (Author)
4.6 4.6 out of 5 stars 144 ratings
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David Romer’s Advanced Macroeconomics, 3e is the standard text and the starting point for graduate macro courses and helps lay the groundwork for students to begin doing research in macroeconomics and monetary economics. A series of formal models are used to present and analyze important macroeconomic theories. The theories are supplemented by examples of relevant empirical work, which illustrate the ways that theories can be applied and tested. This well-respected and well-known text is unique in the marketplace.
Previous page
  1. Print length
    696 pages
  2. Language
    English
  3. Publisher
    McGraw-Hill Professional
  4. Publication date
    16 September 2005
  5. Dimensions
    16.51 x 3.18 x 23.5 cm
  6. ISBN-10
    0072877308
  7. ISBN-13
    978-0072877304
  8. See all details
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About the Author

David Romer is the Royer Professor in Political Economy at the University of California, Berkeley, where he has been on the faculty since 1988. He is also co-director of the program in Monetary Economics at the National Bureau of Economic Research. He received his A.B. from Princeton University and his Ph.D. from the Massachusetts Institute of Technology. He has been a fellow of the American Academy of Arts and Sciences since 2006. At Berkeley, he is a three-time recipient of the Graduate Economic Associations distinguished teaching and advising awards; he received Berkeleys Social Sciences Distinguished Teaching Award in 2013 2014. Much of his research focuses on monetary and fiscal policy; this work considers both the effects of policy on the economy and the determinants of policy. His other research interests include the foundations of price stickiness, empirical evidence on economic growth, and asset-price volatility. His most recent work is concerned with financial crises. He is married to Christina Romer, with whom he frequently collaborates. They have three children, Katherine, Paul, and Matthew.

Product details

  • Publisher ‏ : ‎ McGraw-Hill Professional; 3rd edition (16 September 2005)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 696 pages
  • ISBN-10 ‏ : ‎ 0072877308
  • ISBN-13 ‏ : ‎ 978-0072877304
  • Dimensions ‏ : ‎ 16.51 x 3.18 x 23.5 cm
  • Customer Reviews:
    4.6 4.6 out of 5 stars 144 ratings

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4.6 out of 5 stars
4.6 out of 5
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El Artesano
5.0 out of 5 stars Amazingly clear!
Reviewed in the United States on 5 March 2022
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This is a textbook about advanced (i.e. microfunded) macro theory (i.e not history).

Models are evaluated both in terms of their theoretical soundness and in terms of their fit to empirical data (i.e. the realism of their assumptions and predictions are assessed against the facts).

There are no good microfunded general equilibrium models of the business cycles (aggregate economic fluctuations). However, this does not mean we cannot use economic analysis to properly study other macroeconomic phenomena. In fact, Romer goes onto presenting models on the following topics:
- Consumption
- Investment
- Financial Markets
- Unemployment
- Monetary Policy
- Fiscal Policy
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Diego Palmiere
4.0 out of 5 stars Livro para pós-graduação.
Reviewed in Brazil on 13 May 2021
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O produto chegou no tempo previsto. Aparenta ser um livro que foi usado, com rabisco em uma páginas, mas nada que atrapalhe a leitura. A capa veio com um leve defeito.
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Diego Palmiere
4.0 out of 5 stars Livro para pós-graduação.
Reviewed in Brazil on 13 May 2021
O produto chegou no tempo previsto. Aparenta ser um livro que foi usado, com rabisco em uma páginas, mas nada que atrapalhe a leitura. A capa veio com um leve defeito.
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Joel
5.0 out of 5 stars Very good upper level undergrad/graduate text
Reviewed in Canada on 3 January 2020
Verified Purchase
Very solid textbook.
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Jane
5.0 out of 5 stars the best macroeconomics textbook without doubt
Reviewed in Germany on 2 April 2020
Verified Purchase
I bought the book because of the shutdown of our uni during the coronavirus and suddenly I realized that I forgot this book.

If I am to recommend a macroeconomic textbook to medium-advanced level students, I would not hesitate to recommend this one--the best books are not the ones with elaborate maths equations but with the simplest models to connect all important concerns in macroeconomics together. This book has also improved from the previous edition as it has many current research topics--for instance, more microeconomic evidence.
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hrushikesh
5.0 out of 5 stars book reached as described and well before the mentioned date
Reviewed in India on 23 September 2019
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delivery was good.
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