Macroeconomics - Hardcover

Dornbusch, Rudiger; Fischer, Stanley

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241 ratings by Goodreads

Hardcover

ISBN 10: 0070179859 ISBN 13: 9780070179851

Publisher: McGraw Hill Higher Education, 1998

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This updated edition presents a view of macroeconomics at a level accessible for students. The book includes expanded coverage of economic growth and a new chapter on "new macroeconomics", which includes information on the unit root of GDP controversy, real business cycles and the new Keynesian sticky price theory. There is also a new chapter on financial markets and continued international coverage, with international examples throughout the text.

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From the Publisher:

Expanded coverage of growth from one chapter to two. Growth has been moved forward to chapters 3 and 4 of the text.
A new chapter (8) on the New Macroeconomics, greatly expands the section from former chapter 1. Covers rational expectations, the unit root of GDP controversy, real business cycles, and new Keynesian sticky price theory.
The two chapters on inflation and unemployment (16 & 17) have been condensed to one (7).
A middle of the road approach by experts. Controversies are explained but conclusions remain neutral.
Classic questions linked to modern treatments.
Dornbusch, a specialist in Latin American economics, and Fischer, First Deputy Managing Director of the International Monetary Fund, speak with authority. Dick Startz, new co-author for 7e, was a graduate student of theirs and teaches at the University of Washington.
International coverage always strong with two updated chapters (12 and 21).

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