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Lectures on Macroeconomics (The MIT Press) by Olivier Jean Blanchard and Stanley Fischer is a book available to read on EtoBox.

What is Lectures on Macroeconomics (The MIT Press) about?

The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. Lectures on Macroeconomics provides the first comprehensive description and evaluation of macroeconomic theory in many years. While the authors' perspective is broad, they clearly state their assessment of what is important and what is not as they present the essence of macroeconomic theory today.The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices. The most important fact of modern economic history is persistent long term growth, but as the book makes clear, this growth is far from steady. The authors analyze and explore these fluctuations. Topics include consumption and investment; the Overlapping Generations Model; money; multiple equilibria, bubbles, and stability; the role of nominal rigidities; competitive equilibrium business cycles, nominal rigidities and economic fluctuations, goods, labor and credit markets; and monetary and fiscal policy issues. Each of chapters 2 through 9 discusses models appropriate to the topic. Chapter 10 then draws on the previo

Author

Olivier Jean Blanchard and Stanley Fischer

Publisher

The MIT Press

Published

1989

Language

EN

ISBN

9780262267311

Subjects

Economics, Business

Rating

4.15 / 5 (34 ratings)

Updated

2026-03-14