Introducing Advanced Macroeconomics
Growth and Business Cycles
Introducing Advanced Macroeconomics: Growth and Business Cycles, 2nd edition provides students with a thorough understanding of fundamental models in macroeconomics and introduces them to methods of formal macroeconomic analysis. Split into two sections, the first half of the book focuses on macroeconomics for the long run, introducing and developing basic models of growth and structural unemployment. The second half of the book deals with the economy in the short run, focusing on the explanation of business fluctuations. This new edition retains the popular pitch and level established in the 1st edition and continues to bridge the gap between intermediate macroeconomics texts and more advanced textbooks.
Peter Birch Sï¿rensen is Professor of Economics at the University of Copenhagen and Chairman of the Danish Productivity Committee. He is a former Director of the university's Economic Policy Research Unit. He is a former Chairman of the Danish Economic Council, and he has served as a consultant on tax policy for the OECD, the European Commission, the International Monetary Fund and several national governments.