Advanced Macroeconomics

The Advanced Macroeconomics from Professor David Romer is in my opinion the best Advanced Macroeconomics textbook ever written, due to some points: - It treats in a simple manner several issues regarding the most advanced issues on Macroeconomics, - It's updated and varied, - It's accessible for new comers in the field.

This book (2nd edition) is fine. It covers all important macroeconomics topics (economic growth, business cycles, aggregate demand -consumption and investment-, labor markets and economic policy -monetary and fiscal policy-). It is up-to-date and its math is not very difficult to follow. In a nutshell, it is a must for a thorough understanding of modern macroeconomics. By the way, the 1st edition was translated to French, Japanese, Chinese, Greek, and Polish.

Romer concisely constructed a book on advanced macro theory that complements well with Barro/Sala-i-Martin, and Blanchard/Fischer. The chapters are well-written and useful. Another reviewer did assert that there is too much math and not enough "explanation". Well, grad level economics is laden with math, however, the idea with Romer is to use the math to find the intuition that we should already know from undergraduate work. the book is well-divided between growth theory and money/employment issues. I will admit that I believe it is somewhat weak in open-economy, but there are a number of books that specialize in that anyway. Another must have for econ grad students.

The book gives a comprehensive review of all major macroecomic problems at an intermediate level. A reader is assumed to be familiar with basic econometrics and math. The book contains A LOT of macroeconomic models which upgrade it's level to upper-intermediate. Together with Barro and Sala-i-Martin, and Aghion and Howitt the book can be used as a perfect post-graduate course of Growth theories. So if one wants to start studying macroeconomics on an intermediate/advanced level - this is the book to start with.

This is one of the best books on macro around. It is easy to follow and would be an ideal companion to Blanchard and Fischer's book. It covers all the major recent developments in the field which every decent macroeconomist should know well.