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A Practical Guide to Macroeconomics

Author(s): Jeremy B. Rudd

ISBN: 9781009465793
Publication Date: 04 April 2024
Pages: 322
Format: Paperback
Regular price £29.99 GBP
Regular price Sale price £29.99 GBP

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There is an uncomfortably large gulf between academic research and what policy economists use to understand the economy. A Practical Guide to Macroeconomics shows how economists at policy institutions approach important real-world questions and explains why existing academic work – theoretical and empirical – has little to offer them. It argues that this disconnect between theory and practice is problematic for policymaking and the economics profession and looks at what's needed to make academic research more relevant for policy. The book also covers topics related to economic measurement and provides a compact overview of US macroeconomic statistics that will help researchers use these data in a better-informed way.