Advanced Macroeconomics (Second Edition)

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Features: This book has its own distinct characteristics: 1. The book is comprehensive yet accessible, clear and concise, especially in the appropriate application of technical methods, making it suitable for teaching macroeconomics to graduate students in economics and management. The mathematical tools used in this book are basically within the scope of the "Mathematics" subject for postgraduate entrance exams in China's economics and management programs. Therefore, major difficulties are unlikely to arise from mathematical issues in teaching. 2. Romer's textbook is self-contained. It corresponds to Mankiw's undergraduate macroeconomics textbook in adopting a system where long-term economic development is discussed first, followed by the study of short-term economic fluctuations. 3. Another feature of Romer's textbook is its appropriate handling of different perspectives and materials. As we know, materials in various fields of macroeconomics are extensive, and models vary greatly. Almost every model can be supported by some empirical research while being refuted by others.