Product Description

For intermediate economics courses.

Blanchard presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run.

Product Details

• Amazon Sales Rank: #14239 in Books
• Published on: 2008-07-17
• Original language: English
• Binding: Paperback
• 656 pages

About the Author

Olivier Blanchard is one of Prentice Hall’s most notable economics authors. After graduating with his Ph.D. in economics from MIT, he taught at Harvard and MIT as a Professor of Economics.  Blanchard has researched many macroeconomic issues, from the effects of fiscal policy, to the role of expectations, to price rigidities, and more recently, on labor market institutions.  He has work for many governments, international organizations, and he has written over 150 articles and 15 books.

In addition, Professor Blanchard 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.

Customer Reviews

A good introductory text suitable for undergrads
This book provides a good introduction to macroeconomics. I have found it very useful in my course. The language is easy to understand although I would not call it perfectly concise. However, you can sense the power of the expert between the lines, the author definetely knows what he is talking about. The book can be re-read and used for reference during advanced studies.

Inutitive knowledge and technical understanding
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

A home tutor
This is the best book on intermediate macroecomics available. The facts and theories are explained in the most simple language with real life examples integrated within the chapters to teach one how to use economics in the real world. It is a must read for anyone wanting to understand macroeconomics.