Best Reference Books – Macroeconomic Principles

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We have compiled the list of Top 10 Best Reference Books on Macroeconomic Principles subject. These books are used by students of top universities, institutes and colleges. Here is the full list of top 10 best books on Macroeconomic Principles along with reviews.

Kindly note that we have put a lot of effort into researching the best books on Macroeconomic Principles subject and came out with a recommended list of top 10 best books. The table below contains the Name of these best books, their authors, publishers and an unbiased review of books on "Macroeconomic Principles" as well as links to the Amazon website to directly purchase these books. As an Amazon Associate, we earn from qualifying purchases, but this does not impact our reviews, comparisons, and listing of these top books; the table serves as a ready reckoner list of these best books.

1. “Principles of Macroeconomics with CourseMate” by N Gregory Mankiw
2. “Principles of Macroeconomics: Second Edition” by Soumyen Sikdar

“Principles of Macroeconomics: Second Edition” Book Review: The book focuses on the basic principles of macroeconomics. Each chapter presents the basics of economic theory with policy formation along with the corporate behavior. It begins with an introduction to the basic concepts underlying the economic theory followed by topics like measuring the economy’s performance, theory of income determination, theories of consumption and investment, money, interest and income, fiscal and monetary policy, banking system, supply of money and the conduct of monetary policy. Opening up the economy, determination of the aggregate price level, the problem of inflation, economic growth and some special topics are also explained in detail. The book provides a lot of examples, cases and diagrams based on real-life situations.

3. “Principles of Macroeconomics” by N Gregory Mankiw

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“Principles of Macroeconomics” Book Review: The book focuses on the principles of macroeconomics and gives a concise and analytical introduction to the subject. It features the basic principles concerned with the functioning of an economy and the determination of economic aggregates like income, consumption, savings, investment and general price level. The book discusses the concept of national income which is followed by the methods of variations. It also presents the Keynesian system of income determination along with the recent developments in the field. The book also explains the classical system and analyses the importance of the monetary and credit systems. It also presents the theories related to inflation, issues in economic development such as the balanced and unbalanced growth, characteristics of underdeveloped economics, the big push theory and the neoclassical model of economic growth. It also includes the role of economic planning and evaluates different economic models.

4. “Principles of Macroeconomics” by Narayan Rangaraj and N/A Dholakia

“Principles of Macroeconomics” Book Review: The book focuses on the principles of macroeconomics and gives a concise and analytical introduction to the subject. It features the basic principles concerned with the functioning of an economy and the determination of economic aggregates like income, consumption, savings, investment and general price level. The book discusses the concept of national income which is followed by the methods of variations. It also presents the Keynesian system of income determination along with the recent developments in the field. The book also explains the classical system and analyses the importance of the monetary and credit systems. It also presents the theories related to inflation, issues in economic development such as the balanced and unbalanced growth, characteristics of underdeveloped economics, the big push theory and the neoclassical model of economic growth. It also includes the role of economic planning and evaluates different economic models.

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5. “Macroeconomics: Principles, Applications, and Tools” by Sullivan

“Macroeconomics: Principles, Applications, and Tools” Book Review: The book mainly deals with the 5 key principles of economics such as the Opportunity cost, the Marginal principle, Diminishing returns, the Spillover principle and finally the Reality principle. The book is specifically designed for economists, financial analaysts and other finance professionals. The book helps the readers to get involved in role-playing, applying concepts and offer reinforcement of the material.

6. “CLEP Principles of Macroeconomics With Online Practice Tests” by Richard Sattora

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“CLEP Principles of Macroeconomics With Online Practice Tests” Book Review: The book provides guidance to pass the CLEP Principles of Macroeconomics exam. It also includes diagnostic tests, complete subject review, two full-length practice exams, most powerful scoring analysis and a study plan that can be customized. It helps the readers to earn valuable college credit, save on tuition and get a head start on their college degrees. Instant score reports help in zeroing in on the topics that are difficult. The book also includes a glossary of must-know Microeconomics terms.

7. “Sapling Learning Single-Course Homework-Only for Principles of Macroeconomics (Access Card)” by Sapling Learning

“Sapling Learning Single-Course Homework-Only for Principles of Macroeconomics (Access Card)” Book Review: The book provides access to an easy-to-use online homework system which includes detailed wrong answer feedback and fully worked-out solutions. They also provide an instructor who is a Tech TA-a PhD or master’s level subject expert. The instructor builds assignments that tailor your syllabus and gives peer-to-peer course support throughout the entire semester.

8. “Macroeconomics: Principles and Policy” by Academic Director Berkley Center

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“Macroeconomics: Principles and Policy” Book Review: The book mainly deals with the principles and policies concerned with Microeconomics. The book follows the Keynesian concept of economics but also explains the growth model. The aggregate supply/ aggregate demand model is used as a fundamental tool for learning microeconomics. The concepts are presented in a straightforward manner and using timely economic data. The book provides puzzles, issues and well developed examples.

9. “Modeling Macroeconomic Principles Using Maple Software (Economics Collection)” by Hal W Snarr

“Modeling Macroeconomic Principles Using Maple Software (Economics Collection)” Book Review: The book is developed for business leaders, managers, policy makers and others to have a basic understanding of the labor market and the principles of macroeconomics. The book provides formal training in labor economics by using clear graphs and non-technical language. The book discusses various government policy decisions on behalf of labor and their consequences. The book begins with an introduction to labor supply and demand. It further explains the tradeoff between the economic efficiency of free markets and government equity interventions like anti-poverty policy, migration, unionization, discrimination and education.

10. “Macroeconomics: Principles and Policy” by William J Baumol and Alan S Blinder

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“Macroeconomics: Principles and Policy” Book Review: The book features a policy-based approach to the teaching of introductory Macroeconomics. The book discusses the two topics of primary importance in economics such as the analysis of recessions and depressions along with the unemployment and general impoverishment brought about by them. The book presents the microeconomics roles of innovation and entrepreneurship, understanding the financial crisis and the Great Recession of 2007-2009. The book also discusses the implications of having many different interest rates, based on differential risk. The book provides a chapter summary, a list of important terms and concepts, a selection of questions for each chapter and the answers to odd-numbered Test Yourself questions.

People who are searching for Free downloads of books and free pdf copies of these top 10 books on Macroeconomic Principles – we would like to mention that we don’t have free downloadable pdf copies of these good books and one should look for free pdf copies from these Authors only if they have explicitly made it free to download and read them.

We have created a collection of best reference books on "Macroeconomic Principles" so that one can readily see the list of top books on "Macroeconomic Principles" and buy the books either online or offline.

If any more book needs to be added to the list of best books on Macroeconomic Principles subject, please let us know.

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Manish Bhojasia, a technology veteran with 20+ years @ Cisco & Wipro, is Founder and CTO at Sanfoundry. He is Linux Kernel Developer & SAN Architect and is passionate about competency developments in these areas. He lives in Bangalore and delivers focused training sessions to IT professionals in Linux Kernel, Linux Debugging, Linux Device Drivers, Linux Networking, Linux Storage, Advanced C Programming, SAN Storage Technologies, SCSI Internals & Storage Protocols such as iSCSI & Fiber Channel. Stay connected with him @ LinkedIn | Youtube | Instagram | Facebook | Twitter