Using a rigorous and concise framework, this book teaches the
foundations of modern macroeconomic theory and its methods. It is
ideally suited for students taking a first graduate course in
macroeconomics as part of an MBA, finance, or economics degree. The
book explains recent advances of modern macroeconomic theory with
respect to growth, business cycles, and asset pricing by focusing
on aspects of firm and household behavior that are embedded in
modern macroeconomic studies. Throughout the book data issues are
discussed in detail: where to find the data, how to download it,
and the correspondence of data with model predictions. The
mathematical level assumes that students have taken a course in
calculus. With its emphasis on dynamic inter-temporal
macroeconomics and the use of data, the book provides students with
a core toolkit that will equip them both for more advanced study
and for professional careers as economists.
General
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