Advanced Macroeconomics (5th Edition)

October 31, 2020
Advanced Macroeconomics (5th Edition)

The fifth edition of Romer's AdvancedMacroeconomics continues its tradition as the standard textand the starting point for graduate macroeconomics courses andhelps lay the groundwork for students to begin doing research inmacroeconomics and monetary economics. Romer presents the majortheories concerning the central questions of macroeconomics. Thetheoretical analysis is supplemented by examples of relevantempirical work, illustrating the ways that theories can be appliedand tested. In areas ranging from economic growth and short-runfluctuations to the natural rate of unemployment and monetarypolicy, formal models are used to present and analyze key ideas andissues.The book has been extensively revised to incorporate importantnew topics and new research, eliminate inessential material, andfurther improve the presentation.