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Macroeconomics Paperback – 13 December 2013
Macroeconomics teaches students how macroeconomics is studied and applied in the 21st century.
Macroeconomics is the first text to truly reflect today’s macroeconomy. In this teachable, coherent book, the author makes complex topics easily understandable for undergraduates and combines innovative treatment of both the short run and the long run with a strong emphasis on problem solving.
- ISBN-100393923916
- ISBN-13978-0393923919
- Edition1st
- Publisher*Norton agency titles
- Publication date13 December 2013
- LanguageEnglish
- Dimensions11.2 x 2.25 x 25.4 cm
- Print length1269 pages
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Product details
- Publisher : *Norton agency titles; 1st edition (13 December 2013)
- Language : English
- Paperback : 1269 pages
- ISBN-10 : 0393923916
- ISBN-13 : 978-0393923919
- Dimensions : 11.2 x 2.25 x 25.4 cm
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- Mihail IlievReviewed in the United Kingdom on 14 March 2018
4.0 out of 5 stars It's a good book but I don't share the enthusiasm of the ...
Verified PurchaseIt's a good book but I don't share the enthusiasm of the other reviewers.
Jones is too much into development economics and as such misses the mark on the financial crisis. I guess this is a common feature to most modern Macro textbooks - they all show lack of understanding of money (money is a swap of IOUs and as such it is by definition non-neutral) and lack of understanding of the intimate link between the "real" economy and the financial side of it. Though Jones devoted a chapter or two on the financial crisis he fails to explain what really caused the crisis to become so severe and as a result to create so much uncertainty as to depress long-term outlook for such an extended period as to prompt talks of secular stagnation.
These considerations aside, Jones' book is really good at explaining the standard Macro.
- Hyok Jung KimReviewed in the United States on 22 March 2017
5.0 out of 5 stars I was TAing the course using this book. It ...
Verified PurchaseI was TAing the course using this book. It does not use conventional way teaching macroeconomics, where every output dynamics are focusing on percentage deviations from the potential output. However this approach seems to be effective when explaining the difference between short-run vs long-run, monetary policy having real vs nominal effect, and etc. Also, it has strong connection with the original idea of the papers that the theories are based on. Every chapter is strongly connected, and notations are carefully chosen. Minimal use of math helps students focus on the core messages from the model. If I become a instructor of this course, I will definitely use this book as well.
- KingReviewed in the United Kingdom on 18 April 2016
2.0 out of 5 stars Content good, binding less so
Verified PurchaseGood book and useful for an undergrad course in macroeconomics.
The binding and paper quality is poor - some of the pages are starting to move away from the spine after low use.