Nils Gottfries's thoughtful, consistent and lucid exposition breathes fresh air into a macroeconomics textbook. It balances descriptive realism with conceptual coherence judiciously, and its application of principles to the experiences of many countries over many decades is very welcome.
John Driffill, Birkbeck, University of London, UK
This is a great book. It uses a consistent theory throughout, explains ... Read moreit well, and does a tremendous job in confronting theory with data.
Steinar Holden, University of Oslo, Norway
Instead of presenting macroeconomics as separate pieces linked in an ad hoc way, Gottfries presents a consistent approach. This, in addition to the distinctly international approach to economic data and examples, will make the book very attractive to lecturers and to their students.
M.A. (Martin) van Tuijl, Tilburg University, the Netherlands
This is a superb book! It contains a rigorous treatment of the New Keynesian model combined with illustrative examples and interesting policy discussions. Students will find the book well-written and easily accessible.
Fredrik NG Andersson, Lund University, Sweden
This book is an excellent and innovative new textbook for intermediate macroeconomics, where conventional macroeconomics is explained with a deeper emphasis on the role of microfoundations. This allows students to be exposed to modern macroeconomic analysis in a rigorous yet still accessible way.
Gianluigi Vernasca, University of Essex, UK
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