The Foundations of Modern Macroeconomics

By admin • Jul 8th, 2008 • Category: Economics

The Foundations of Modern Macroeconomics

The Foundations of Modern Macroeconomics
By Ben J. Heijdra, Frederick van der Ploeg

Publisher: Oxford University Press, USA
Number Of Pages: 784
Publication Date: 2002-05-16
ISBN-10 / ASIN: 0198776179
ISBN-13 / EAN: 9780198776178
Binding: Paperback

This book deals with all the major topics of modern macroeconomics, summarizes the important approaches, and gives students a coherent angle on all aspects of macroeconomic thought. Each ‘frame’ deals with a separate area of macroeconomics, and each contains a summary section of key points,
further reading, and exercises.

Summary: Highly recommend
Rating: 5

This is an absolutely fantastic intro to modern macroeconomics.
the book is great for senior undergraduates and first year PhD students.
The book covers a number of important topics with great clarity. The punchlines and reading list in the end of each chapter are very useful.

Summary: Aonther best book on Advanced Macroeconomics
Rating: 5

Comprehensive and comprehensible. The book covers a wide range of topics. See the contents of book. Students equipped with (ordinary and partial) differential calculus and matrix skills should be able to access the materials with comfort. All equations are followed by clear exposition in words. Instead of Blanchard and Fischer’s Lectures on Macroeconomics, Foundations of Modern Macroeconomics is another best reference that should be kept by every serious graduate student.

Summary: The best so far!
Rating: 5

Of several available graduate texts in macroeconomics in the market, this is the best so far. While D. Romer (2001) is too naive (technically and expositionally), Ljungqvist & Sargent (2004) is too advanced (BTW, T. Sargent (1987) and Blanchard & Fischer (1989) are too old). Heijdra & Ploeg (2002) is just the right book at the right level; it’s extremely well-written and technically sophisticated!

Summary: Stick to the Tulips
Rating: 3

This is not a good text book. The troubles start on the back cover where the face of Ricky “Tricky” Van Der Ploeg stares at me. The exposition is cluttered and there is an obsession with the word intermezzo throughout.

Summary: an excellent book
Rating: 5

While I was teaching a graduate level core macroeconomics course, I found that reference books are very limited. These include Blanchard & Fischer’s book, Barro & Sala-i-Martin’s book and Obstfeld & Rogoff’s book. After I found a copy of this book, I immediately realized this book is very well written, and should be added to the above list. By reading this book, one can not only learn many insightful points and advanced technics, but also can have a good survey of literatrue in many areas. I suggest that anyone in the field of macroeconomics buy a copy (by the way, I believe David Romer’s book is very badly written,I think Romer himself is technically weak).

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