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    Cover of Advanced macroeconomics

    Advanced macroeconomics

    David Romer · 1996

    Revised topics in this textbook cover immigrants' wages, geography affecting income, cyclical income changes, credit limits and borrowing. Dozens of models help to illustrate numerous disagreements over answers to research questions.

    Economics & Finance
    Open LibraryAmazon
    Stats for nerds
    3recommend
    4mentions
    4people
    2010–2024years
    75% recommend25% neutral

    Mentions per year

    20102012201420162018202020222024

    What Hacker News says

    1. t_mannJan 2024
      Re your question on economics books, I think Advanced Macroeconomics by David Romer could fit your bill. It goes a lot into why the math is the way it is (arguably more interesting, like another poster said). Modern macroeconomics is also built on microeconomics, and to that extent it's covered in the book, so you're sort of getting two-for-one here.
      thread
    2. ulucsMay 2022
      Having read threads here on economics I can confidently say, don't start by asking a technology forum.

      That said, Romer's Advanced Macroeconomics, Acemoğlu's Intro to Modern Economic Growth and Ljungqvist and Sargent's Recursive Macro Theory are good books.

      But if you want to be a good investor, just put your money into index funds. You'll easily outperform a large majority.

      edit: in addition, the topics you're looking for are only very loosely related to macro. You're looking more into monetary policy, asset pricing and financial economics. Don't take the advice of people who bundle them all together.

      thread
    3. linhirJan 2010
      You might want to try David Romer's Advanced Macroeconomics (a higher level undergrad text) or Acemoglu's Introduction to Modern Economic Growth (lower level grad text).

      From http://ocw.mit.edu/OcwWeb/Economics/14-452Spring-2007/Syllab... :

      Macroeconomics is a rapidly changing field. To get a sense of the geography, you might find it useful to read two surveys (which are already on the verge of obsolescence...):

      Blanchard, O. "What Do We Know About Macroeconomics that Fisher and Wicksell Did Not?" Quarterly Journal of Economics 115, no. 4 (November 2000): 1375-1410.

      Woodford, M. "Revolution and Evolution in Twentieth-Century Macroeconomics." June 1999. Paper presented at Frontiers of the Mind in the Twenty-First Century, U.S. Library of Congress, Washington, DC, June 1999.

      For two more recent and more polemical, pieces, you may also want to read:

      Chari, V. V. "Modern Macroeconomics in Practice: How Theory is Shaping Policy." Journal of Economic Perspectives 20, no. 4 (2006): 3-28.

      Mankiw, N. G. "The Macroeconomist as Scientist and Engineer." Journal of Economic Perspectives 20, no. 4 (2006): 29-46.

      thread
    4. DavidSJApr 2020
      Reading: The General Theory of Employment, Interest, and Money by Keynes.

      Studying: The Molecular Biology of the Cell by Alberts et al and Advanced Macroeconomics by Romer.

      thread

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