Macroeconomics (Andrew B. Abel, Ben S. Bernanke, Dean Croushore)
Average rating: 3.0/10, based on 1 rating.
| User | Anonymous (Teaching assistant at research-oriented university in United States) | |||
| Date posted | 2008-04-10 16:19:40 | |||
| Rating | 3/10 Edition to which comments/rating relate: 6 | |||
| Strange Choices... | ||||
| This textbook tries to graft neoclassical ideas onto an IS-LM framework, and ends up failing to explain either school of thought very well. The Keynesian Cross is replaced with an extremely confusing Savings-Investment diagram; we the TAs had to have meetings in which we discussed how to manipulate the curves in order to get the "right" answers on the homework. Other oddities: --An entire chapter (7) is devoted to money, without including a money market diagram! Money supply and demand are not graphed until a chapter-and-a-half later. --The publisher's website provides more than just helpful hints; a student who spends enough time can see the actual answers to the end-of-chapter problems. An instuctor who wants to assign homework may want to change the questions slightly. |
||||
|
||||