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Macroeconomics

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May 1, 2024 Updated May 9, 2025 35 minute read

Macroeconomics is the branch of economics that studies the behavior and performance of an economy as a whole. It focuses on aggregate changes in the economy such as unemployment, growth rate, gross domestic product (GDP), and inflation. If you've ever wondered why some countries are wealthy while others struggle with poverty, why prices for everyday goods fluctuate, or what causes economic recessions and booms, then macroeconomics holds the keys to understanding these complex issues. It's a field that examines the big picture, seeking to understand the forces that shape entire economies and the well-being of their populations.

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Reading list

We've selected nine books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Macroeconomics.
Classic textbook on macroeconomic theory. It provides a rigorous and comprehensive treatment of the subject. It is suitable for graduate students and advanced undergraduate students.
Provides a rigorous treatment of macroeconomic models. It covers a wide range of topics, including dynamic general equilibrium models, rational expectations models, and time series econometrics. It is suitable for graduate students and advanced undergraduate students.
This textbook provides a comprehensive overview of macroeconomics, covering topics such as economic growth, inflation, unemployment, and international trade. It is written in a clear and concise style and is suitable for both undergraduate and graduate students.
Provides a historical overview of macroeconomics. It traces the development of macroeconomic thought from the classical period to the present day. It is suitable for graduate students and advanced undergraduate students.
Provides a comprehensive overview of macroeconomic forecasting. It covers topics such as time series econometrics, forecasting models, and forecast evaluation. It is suitable for graduate students, researchers, and policymakers.
Provides a comprehensive overview of macroeconomics from a European perspective. It covers topics such as macroeconomic models, macroeconomic data, and macroeconomic policy. It is suitable for graduate students and advanced undergraduate students.
Modern treatment of macroeconomics. It covers a wide range of topics, including monetary policy, fiscal policy, and economic growth. It is suitable for graduate students and advanced undergraduate students.
Good introduction to macroeconomics for non-economists. It covers the basics of macroeconomics in a clear and concise style. It is suitable for anyone who wants to learn more about how the economy works.
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