Advanced Macroeconomics

Advanced Macroeconomics, 5th Edition, is a textbook published by McGraw-Hill Higher Education that explores major theories addressing central macroeconomic questions.

The volume relies on formal models to investigate critical subject areas. These analytical frameworks examine economic growth, short-run fluctuations, the natural rate of unemployment, and monetary policy.

Theoretical discussions are supplemented with empirical studies to show how models are evaluated and applied. For the 2019 edition, the textbook incorporates new research topics while removing inessential material and refining the overall presentation.