Macroeconomics

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Pearson Prentice Hall, 2006 - Business & Economics - 587 pages
For courses in intermediate macroeconomics. "Blanchard" is the book that helps students to see the big macroeconomic picture by integrating one unifying model throughout the text, without glossing over the core concepts that matter. "Blanchard" doesn't take shortcuts in his explanation, because students will use these tools again and again, throughout their academic and professional careers. The organization allows for the greatest degree of flexibility, so professors can direct their class as they see fit. Students build a strong base of concepts and tools that will make them better economists. Students can understand how the pieces of the economy fit with the whole, providing an integrated view of macroeconomics. Students will be able to make sense not only of past macroeconomic events, but also of those that unfold in the future. The organizational structure of this text allows for the greatest flexibility - it is organized around two central parts: a core, and a set of three major extensions. This adaptable outline allows instructors the choice of emphasizing growth or not. It also offers flexibility to modify the course emphasis from semester to semester.

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This edition, written for intermediate macroeconomics courses, is an Australian adaption of the best-selling US text. The fundamental goals of the book are to provide an integrated view of ... Read full review

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About the author (2006)

About the Author

Olivier Blanchard is the Class of 1941 Professor of Economics at MIT. He did his undergraduate work in France, and received a Ph.D. in economics from MIT in 1977. He taught at Harvard from 1977 to 1982, and has taught at MIT since 1983. He has frequently received the award for best teacher in the department of economics.

He has done research on many macroeconomic issues, from the effects of fiscal policy, to the role of expectations, to price rigidities, to speculative bubbles, to unemployment in Western Europe, transition in Eastern Europe, and more recently, on labor market institutions. He has done work for many governments and many international organizations, including the World Bank, the IMF, the OECD, the EU commission and the EBRD. He has published over 150 articles and edited or written over 15 books, including Lectures on Macroeconomics with Stanley Fischer.

He is a research associate of the National Bureau of Economic Research, a fellow and a council member of the Econometric Society, a member of the American Academy of Arts and Sciences, and a past Vice President of the American Economic Association. He is also a member of the French Council of Economic Advisers.

He lives in Cambridge, with his wife, Noelle. He has three daughters, Marie, Serena, and Giulia.

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