Macroeconomics

by Olivier Blanchard

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Manufacturer: Prentice Hall

Average Customer Rating: Average rating of 3.5/5

Binding: Hardcover
Dewey Decimal Number: 339
EAN: 9780131860261
ISBN: 0131860267
Label: Prentice Hall
Number Of Items: 1
Number Of Pages: 648
Publication Date: 2005-09-01
Publisher: Prentice Hall
Studio: Prentice Hall

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Spotlight customer reviews:

Customer Rating: Average rating of 3/5

Summary: A good book but definitely not the best choice

Comment: Although this is a good book, I find it too light in some topics.

Moreover, it lacks an in depth explanation of the dynamics of inflation and
the Mundell-Fleming model.

My recommendation for macroeconomics' students is "Macroeconomics in the Global Economy" by Jefrey Sachs.

Customer Rating: Average rating of 1/5

Summary: Absolute rubbish

Comment: This book does nothing but confuse the issues trying to be explained, and has no examples of any questions. Worse still, it is written for the American market, so isn't of much help in trying to explain issues in the UK.

Customer Rating: Average rating of 4/5

Summary: Straightforward

Comment: I taught using the first half of this textbook. I found it well written with just the right amount of depth and information: a very good framework to build on later in a degree program. Boxes and empirical examples worked well.

The text also gives an appendix at the end of the book on major figures in contemporary economics and the different schools of thought. This demonstrates to me that the book really intends to convey some genuine understanding about economics outside of basic theory.

I spotted a few typos that the editorial team should have ironed out by now, but nothing major.

Customer Rating: Average rating of 5/5

Summary: Inutitive knowledge and technical understanding

Comment: The set text for Intermediate Macroeconomics at University of York.

As a combined arts student, I often struggle with economics. But the pace of this book is very challenging but at the same time comfortable.

Emphasis is placed on fiscal and monetary policy decisions and their implications. Perhaps the best feature of this book from the perspective of a weak mathematician, is that all proofs and derived equations are fully explained. Blanchard achieves this better than many other authors as he manages to maintain a good pace in his explanation and gives comprehensive explanation without patronising the reader.

After taking this course and using this book I now have both a technical and intuitive understanding of macroeconomics.

The only minor problem is it is written with respect to the US economy i.e. all examples in $.

Overall recommended

Customer Rating: Average rating of 5/5

Summary: Interestingly Different!

Comment: Blanchard's book provides a keenly structured and different perspective to macroeconomics. The clarity in analyisis and use of models makes it a must read for all undergraduates. A highly recommended textbook!

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