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European Macroeconomics
This major macroeconomics text by Robert Barro and Vittorio Grilli is written from a European perspective. It adopts an open-economy approach and incorporates full treatment of European labour and financial institutions and markets, and covers the main macroeconomic theories and policy in relation to the components of the macroeconomic environment.
- GenresEconomics
496 pages, Paperback
First published January 1, 1994
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September 19, 2011
The book was written pre-EU, but it's description of the European economies are still relevant because the characteristics of their economic structures are still present today. So the European focus of the book is not irrelevant.
What I personally like about the book is the inclusion of as much empirical data as possible, it shows that the study of economics must follow scientific principles and build on facts. Professor Barro was initially trained as a physicist, and this perhaps explains his strong use of empirical research. To me this is what makes the book stand out amongst other intermediate macroeconomics textbooks.
What I personally like about the book is the inclusion of as much empirical data as possible, it shows that the study of economics must follow scientific principles and build on facts. Professor Barro was initially trained as a physicist, and this perhaps explains his strong use of empirical research. To me this is what makes the book stand out amongst other intermediate macroeconomics textbooks.
Displaying 1 of 1 review