This classic text presents the microeconomic foundations of macroeconomics. It features a unique approach distinguished by its use of a consistent model, integration of real world data, a strong coverage of real business cycles and outstanding coverage of economic growth. A new tutorial software package enabling students to review text concepts and featuring animation and model manipulation, real data accessibility, skill-testing review games and simulations is packaged with the text. A Study Guide, which includes chapter overviews, important results, chapter reviews, alternative perspectives, true/false and multiple choice questions, is available to accompany this text.
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Barro uses a unique market-clearing approach to analyze and explain macroeconomic theory. This edition has been reorganized to cover applications alongside the appropriate theory, focusing on the latest advances in economic growth. New software is included with the text.About the Author:
Born in New York City, Robert Barro moved to Los Angeles, where he studied undergraduate physics at Caltech, including classes from the famous Richard Feynman. He changed his focus to economics for graduate school at Harvard University. Dr. Barro returned to Harvard as a professor in 1987. He recently served as president of the Western Economic Association and vice president of the American Economic Association. In addition to academic research, Professor Barro is an accomplished writer for the popular press. He worked as a viewpoint columnist for BUSINESSWEEK from 1998 to 2006 and contributing editor of THE WALL STREET JOURNAL from 1991 to 1998.
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