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Robert Barro's Macroeconomics has become the classic textbook presentation of the equilibrium approach to macroeconomics. In its first four editions, this book has shown undergraduates how marketclearing models with strong microeconomic foundations can be used to understand realworld phenomena and to evaluate alternative macroeconomic policies. Moreover, a single, unified framework works as well for shortterm business fluctuation as for longterm economic growth. This latest edition includes the most recent theoretical and empirical developments in economic growth, recent evidence on the macroeconomics of labor markets and public finance, and uptodate results on the interplay between nominal and real variables.
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