Macroeconomics


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Book reviews for "Macroeconomics" sorted by average review score:

Macroeconomics With Infotrac: Principles and Applications
Published in Paperback by South-Western College Pub (May, 2002)
Authors: Robert Ernest Hall, Marc Lieberman, and South-Western Thomson Learning
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Way more interesting than the course
This book helped me pass my exam! The course is so boring and very dull, but this book uses everyday situations to explain the concepts. Marc Lieberman is a professor at my school and I wish I had him as a professor because all of the students who did have him said that his class is awesome. So if his class is awesome, his book has got to be awesome...right?

This book uses alot graphics and colors, which makes it more fun to read. This the exactly how I would want to be taught economics. There is also a little humor in the book too, which makes it even more fun. So for those students who are taking economics or are going economics, this book helps ALOT. It covers the basics very well.

Make sure you buy the most updated edition though. This book was just updated last year, so beware of those 1st edition books because they're old.

Superb textbook
Easy and fun to use. Excellent blend of academia and real-life examples. Charts, graphs, and illustrations were colorful and easy to understand. Also, authors Hall and Liberman provide readers access to their macroecon website for additional study. I used this text at the postgraduate level - great for undergrads, too.


Memos to the President : A Guide Through Macroeconomics for the Busy Policymaker
Published in Paperback by The Brookings Institution (June, 1992)
Author: Charles L. Schultze
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Great guide to macroeconomics
Memos to the President is a really cool book that explains different nuggets of macroeconomic theory in 8-page, easily-digestible "memos." There are 28 of these covering the macro basics, managing demand and increasing supply. A final "memo" ties these together in the context of the two major goals of our macroeconomic policy: stability (keeping inflation and unemployment low) and long-term economic growth (through advances in productivity).

Ideal Primer on Macroeconomics
This is a GREAT book to use to understand the macroeconomy. I read it in 2002 and although the book was written 10 years ago, it described what was happening in the economy perfectly. The 30 10-page essays are an ideal way to learn an important but dense topic: small, manageable bites. I highly recommend this book. After taking my time reading it, I am going to read it again after 6 months. It is worth the price and the time to read it.


Monetary and Financial Planning for a Transitory Economy: An Adaptive Control Model for India
Published in Hardcover by Avebury (August, 1995)
Author: Dipak R. Basu
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Very useful book for researchers
The best parts of this book are (a) a very clear description of a number of control methods which can be used in practice; (b) very useful survey of macroeconomic models which can be used in practice. The application on India is very useful for deleopmnent planners and researchers. There are many books on useless methods which in practice can not work, but this book is a very exception. Every methods explained here are original and work in practice.

Excellent on both application and analysis
The book consists of the following chapters: 1. India's Economic Scene and the Behaviours of the Monetary-Financial Instruments; 2. Methods of Optimal Control; 3. Recent Advances in Macroeconomic Policy Analysis ands the Analytical Structure of the Control Model 4. Estimation and Analysis of the Model 5. Analysis of the Result of the Control System.


Poverty of Affluence: A Psychological Portrait of the American Way of Life
Published in Hardcover by Free Press (October, 1983)
Author: Paul L. Wachtel
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Excellent Insight and Ideas
This is about how American lives could, and ought, to be better than they are - how we can more wisely use our affluence to be happier and at the same time cut back on materialism. Also discusses the decline of sense of community and our tendency as a culture to try and fill that need for connection with material items, to our spiritual and environmental loss. A fascinating book with some good theories about why we are where we are, and what we can do to fix it.

Still topical and on target
All in all, Wachtel's work remains an excellent profile of middle-class psychology in America, its habits, expectations and frustrations. The book was quite popular when first published, and though many changes have since occurred, the central theme remains as relevant now as then. Much of the book's inspiration comes from counter-cultural themes of the sixties, and thus represents not only a critique of corporate America but of the materialist ethic as well. One key theme predominates: bigger isn't necessarily better. On the contrary, our national obsession with growth has, despite the sloganeering, produced a deeply unhappy society of atomized individuals. Most of the points here are fairly familiar ones concentrating on the spiritual limitations of material accumulation made more severe by the use of competition as the driving force behind obsessive growth and accumulation. The author, a psychologist, has experienced a number of dysfunctional patients whose difficulties, as he shows, are traceable to these societal phenomena.

In the context of professional psychology, Wachtel presents a number of critical assessments of other schools of psychology, including a number of insights into modern social behavior. A significant element of his own orientation lies in connecting the psychological with the social, and the health of the individual with that of the group, a move which rejects a key assumption of the modern age, viz. methodological individualism. Accordingly, an important part of the book lies in a citique of individualism in its many guises and philosophical forms. Behind this critique appears to lie a deep regard for the humanistic impulse which he views as inherently social in nature. To the detriment of that impulse, however, a society of unhappy, alienated people is being produced by a national ethos of mindless self-absorbtion, obsessive growth, and an ethic of competition. Hence remedies for personal ills must tackle the societal thereby taking on a scope far exceeding that of the single individual. Accordingly, Wachtel mounts a non-technical critique of capitalism as an ordering process and its need to reproduce these alienating forms of social behavior. In the process, he seeks to shatter myths surrounding the marketplace as producing the best of all possible worlds. What he appears to be plumping for--implicitly at least--is a genuinely socialist society without the explicit use of that vexed term.

He writes fair-mindedly and effectively in assessing soviet socialism, democratic socialism, and capitalism, while his chief economic inspiration appears to derive from liberals like J. K. Galbreath and Lester Thurow. Though the book is currently out of print, I think it remains a classic statement of what American consumerism has actually wrought.


Principles of Macroeconomics (Study Guide)
Published in Paperback by International Thomson Publishing (June, 1999)
Authors: N. Gregory Mankiw and David R. Hakes
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Best Study Guide
NOTE: My class is using the third edition of the "Principles of Microeconomics" by Mankiw, but the second edition study guide is completely useable with the 3rd edition of the book.

This study guide is comprehensive. It gives the reader a chapter review, hints that really are helpful, matching terms to definitions, problems and short answer questions, an abundance of True/False and multiple choice questions, and finally, "advanced critical thinking". This is exactly what a study guide should be.

very helpful
i found this study guide extremely helpful. in fact, i used it much more than i used the textbook.


Pursuing Happiness
Published in Hardcover by Princeton Univ Pr (12 July, 1993)
Author: Stanley Lebergott
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Geat book from a very unique perspective
Actually had Stan the Man as a professor at Wesleyan - frankly a bit on the dry side - but always full of fascinating facts and information. And he was always willing to chide the "life was better 100 years ago" nonsense.

As a writer and economist he is GREAT and this book is so clear and full of smart common sense thinking it is scary to think that for a lot of people it is full of revelations that challenge the group think. If you like economics and history you can't miss this.

Fascinating Information; Superbly Written
Stanley Lebergott has earned a reputation as one of America's foremost economic historian. He is a first-rate economist; he writes beautifully and cleverly; he is learned; and his subjects are germane.

PURSUING HAPPINESS is a terrific book. Lebergott reviews the history of consumption opportunities under capitalism. Like Julian Simon, and Mike Cox & Rick Alm, he finds that the material well-being of ordinary Americans has skyrocketed during the 20th century. To compare American living standards at the close of the 20th century to those at the beginning of the 20th century is to discover an explosion of wealth so vast that we who today enjoy this astonishing wealth can scarcely imagine what life was like for our ancestors of just 100 years ago.

Today, we have many more things -- and much more time (both because we live longer and because we have more leisure), improved health, greater learning, and a richer menu of entertainments. Lebergott shows also that capitalism has been especially good for the working classes and for women. For example, he documents the extraordinarily burdensome and time-consuming tasks that nearly all women 100 years ago did routinely to keep their households running. Today, almost all such tasks are farmed out or mechanized. (In one of his many brilliant lines, Lebergott notes that "By the 1980s, only a handful of hippies expected their womenfolk to haul water from the brook or well.")

No one who comments upon the course of the American economy should be without this book.


Agricultural Economics and Agribusiness
Published in Hardcover by Wiley Text Books (29 December, 2000)
Authors: Gail L. Cramer, Clarence W. Jensen, and Douglas D. Southgate
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A great book of Agribusiness
Some time ago, I had in my hands this book. And never forgot it. This book is the most comprehensive work about agri-markets. In fact, in a wide range of topics we can learn macro and micro economics that rules this special market. I remember, in special, the chapter that describes the price determinations. The clarity of concepts with a easily assimilation, with a lot of cases that get to readers a simply notion of his contents. In brief I believe this book is a powerfull tool for students, farmers, economist, and all those people interesten in behavoir of Agri Markets.


The Analytics of Uncertainty and Information
Published in Paperback by Cambridge University Press (10 September, 1992)
Authors: Jack Hirshleifer, John G. Riley, and John Pencavel
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Difficult but worthwhile read
Firstly, this book is not a book for a novice to economics, and as an economics graduate, I found this a challenging book to read. If you are a mathematics major, you might also want to consider this book. That being said, the theories expressed in this book are truely phenomenal. Anyone with an interest or background in transactions cost economic theory will be both at an advantage, and will have a deep appreciation for the contents of this book.

This book comes in two halves. The first deals with situations where an individual has limited information, and derives some generalised theories about how individuals choose actions to obtain a probability density function of alternatives (since outcomes are not fully known). The second half of this book deals with situations where an agent can partake in information gathering activities to reduce the risk involved in the action-consequence connection.

This is a tough book, not for the faint of heart. But it is an incredibly worthwhile book. And as I said earlier, a background in economics (or *possibly* mathematics) is essential. Easily worth the money paid.


Asset Accumulation and Economic Activity
Published in Paperback by University of Chicago Press (August, 1982)
Author: James Tobin
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Extraordinary
This book is a must have for all you people who study economics or are interested in matters alike. The degree of analysis that professor Tobin reached in this book makes it a fundamental part of the story of economic theory


Banking on Reform: Political Parties and Central Bank Independence in the Industrial Democracies (Michigan Studies in International Political Economy)
Published in Hardcover by UMP (30 April, 2002)
Author: William T. Bernhard
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An Excellent Study
Professor Bernhard has written a lucid yet dense explanation of phenomenon that, while much commented on, remains unexplained: Central Bank Independence. Considering the relationship between legislators, parties and central bank independence, Bernhard inserts politics back into a topic where it was previously neglected.

A valuable contribution to political economy and comparative politics.


Related Subjects: MOP
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