Macroeconomics: Principles and Applications

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9780538847599: Macroeconomics: Principles and Applications
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This text provides a lean and lively introduction to basic ideas of macroeconomic principles with a sound level of theoretical rigor. It has been carefully crafted in terms of both content and supporting pedagogy to keep students focused on learning and applying the central ideas used in economic analysis. Its objective is to be a study "tool" for students and a complement to, rather than a substitute for, the instructor, departing from the "encyclopedic" approach taken by most other texts. Pedagogy and applications are designed to maintain a focus on the fundamentals and allow flexibility for instructors to bring in additional material as they choose. In-text Internet links and a dedicated Web site provide opportunities and exercises for students to access and analyze additional real-world economic applications.

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About the Author:

Dr. Robert E. Hall is a prominent applied economist. He is the Robert and Carole McNeil Joint Professor of Economics at Stanford University and Senior Fellow at Stanford's Hoover Institution, where he conducts research on inflation, unemployment, taxation, monetary policy, and the economics of high technology. Dr. Hall received his Ph.D. from MIT and has taught there as well as at the University of California, Berkeley. He was the president of the American Economic Association for the year 2010. He is also director of the research program on Economic Fluctuations of the National Bureau of Economic Research, and chairman of the Bureau's Committee on Business Cycle Dating, which maintains the chronology of the U.S. business cycle. He has published numerous monographs and articles in scholarly journals, and co-authored a popular intermediate text. Dr. Hall has advised the Treasury Department and the Federal Reserve Board on national economic policy and has testified on numerous occasions before congressional committees.

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Robert E. Hall; Marc Lieberman
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