Macroeconomics

This text/CD-ROM provides a grounding in macroeconomics that undergraduates can understand while incorporating the major developments introduced in the last two decades. Material is presented from the viewpoint of general equilibrium theory, data is emphasized in every chapter, and ideas are introdu

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Combining the best of traditional and modern approaches to macroeconomics, Farmer is the first book in the Intermediate market to genuinely fill the gap between the macroeconomics taught to graduate students and the macroeconomics taught to undergraduates. It begins with the traditional IS-LM and AD-AS models that have been the staples of undergraduate macro courses for decades, and then the second half of the book introduces newer, dynamic theories of macroeconomics, including various growth models. The result is a text that describes the emerging consensus view of macro.