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Praised in its previous editions for giving students the tools they need to think critically and coherently about macroeconomics, Macroeconomics, Sixth Canadian Edition, has been revised to include new material to keep the text modern and up to date, while building on the strengths that underlie the book’s lasting appeal.
- Sales Rank: #1557456 in Books
- Published on: 2011-10-03
- Number of items: 1
- Dimensions: 10.25" h x 1.00" w x 8.25" l,
- Binding: Hardcover
- 656 pages
About the Author
Andrew B. Abel is the Ronald A. Rosenfeld Professor of Finance at the Wharton School and professor of economics at the University of Pennsylvania. He received his AB summa cum laude from Princeton University and holds a PhD from the Massachusetts Institute of Technology. Abel has published extensively on fiscal policy, capital formation, monetary policy, asset pricing, and social security–as well as serving on the editorial boards of numerous journals. He has been honored as the Alfred P. Sloan Fellow, a Fellow of the Econometric Society, and a recipient of the John Kenneth Galbraith Award for teaching excellence. He is a Research Associate of the National Bureau of Economic Research and a member of the Advisory Board of the Carnegie-Rochester Conference Series.
Ben S. Bernanke Previously the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs at Princeton University, Ben Bernanke received both the Allyn Young Prize for best Harvard undergraduate economics thesis and the John H. Williams prize for outstanding senior in the economics department. He went on to earn his PhD from the Massachusetts Institute of Technology, and he has been honored as a Research Associate of the National Bureau of Economic Research. Currently, he is Chairman and a member of the Board of Governors of the Federal Reserve System.
Dean Croushore is an associate professor of economics and Rigsby Fellow at the University of Richmond. Croushore served for fourteen years at the Federal Reserve Bank of Philadelphia, twelve of which as the head of the macroeconomics section. He has taught previously at Penn State University, Temple University, the Wharton School of the University of Pennsylvania, Johns Hopkins University, and Princeton University.
Ron Kneebone is a professor in the Department of Economics at the University of Calgary. From 2006 to 2009 he served as Director of the Institute for Advanced Policy Research at the University of Calgary. Since 2009, when the IAPR was absorbed into the School of Public Policy, he has acted as Director of Economic & Social Policy Research in the School. Dr Kneebone’s research interests lay mainly in the areas of the macroeconomic aspects of public finances and fiscal federalism. His published research has dealt with issues pertaining to government budget financing in a federal state, the political economy of government deficit and debt reduction, the history of government fiscal and monetary relations in Canada and the characteristics of Canadian federal, provincial and municipal fiscal policy choices.
Most helpful customer reviews
11 of 11 people found the following review helpful.
Excellent
By Kindle Customer
I bought this text for self study. This book is clearly written so that a self-learner can learn intermediate macroeconomics. I particularly like the appendix that follows the chapter on IS-LM. The problems in both the workbook and the textbook allow me to think deeply about the concepts.
The text does not have any answers at the back of the text.
Every morning for the past semester, I have worked my way through this text. I find the text easy reading and enjoyable.
5 of 5 people found the following review helpful.
Class was terrible, book was GREAT
By fersti
The topic is a hard if you are not a math wiz. I honestly had a lot of trouble with Micro economics because of the terrible book, but thought this book was outstanding in explaining the topic. I did well in this class not because the professor was any good, but because this book had great examples, explained everything in great detail and was to the point. Yes, i need the dumbed down version...this is a basics book. I cant stand ordering a basics book, only to have it be completely over my head. This def did its job. I highly recommend it.
12 of 15 people found the following review helpful.
Decent, but do not purchase from Amazon.com if you need MyEconLab
By Arcadian
Another reviewer mentioned he/she got a version without MyEconLab (which costs $50 extra to purchase separately). I thought he/she just bought it off of someone in the Amazon *marketplace*. Nope, I bought the version "sold by and fulfilled by Amazon" and I also got shafted. The book is supposed to come in shrinkwrap with MyEconLab login sheet attached to it, but mine came without it. If you need the login, your university bookstore may just be the cheapest place to find this thing.
Update: I gave it 2 stars initially for the rip-off. Now, after having read the book, I'd give it 3 to 5 stars for content. My University of Chicago professor did a lot better job explaining the concepts than the book, so maybe my expectations are inflated, but I thought that Abel/Bernanke could have made it more simple and less verbose. Still, if you can stay focused enough to read this thing (I had a hard time and I like the subject matter), it does explain macro much better than some of the alternatives I've seen before. Also, the "real life" application green sections are incredibly valuable, as they contain some empirical data to show which theories are most likely valid; e.g. does lowering personal taxes actually "stimulate the economy" (increase GDP). A lot of macroeconomics is about which theory/assumptions you end up believing, and this book does a decently good and impartial job at pointing you in the "probably right" direction. You will also gain some appreciation for why macroeconomists can disagree so strongly about basic policy issues.
Overall, I'd give this book three stars compared to my grad school professor but five stars comparing to my undergrad professor and textbook. If you are forced to learn macro by just reading this book, you'll get a pretty good basic understanding without too much pain (comparing to the alternatives of course).
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