10 Best Macroeconomics Books [Updated 2021]
- Macroeconomics: Principles, Problems, & Policies (Irwin Economics) (Get this book)
- Principles of Macroeconomics (Mankiw’s Principles of Economics) (Get this book)
- Macroeconomics by Paul Krugman and Robin Wells (Get this book)
- The Macro Economy Today (The Mcgraw-Hill Series in Economics) (Get this book)
- Foundations of Macroeconomics (Get this book)
- Macroeconomics by N. Gregory Mankiw (Get this book)
- Macroeconomics: Principles, Applications, and Tools (Get this book)
- Macroeconomics by Roger A. Arnold (Get this book)
- A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know (Get this book)
- Core Macroeconomics (Get this book)
Other than your own business, there are multiple factors that revolve around industries, national productivity, interest rates, inflation, etc. And if you don’t understand these factors, your understanding of Economics, your knowledge would be limited. And you wouldn’t be able to make prudent decisions because your business can’t survive on its own. And the productivity and revenueRevenueRevenue is the amount of money that a business can earn in its normal course of business by selling its goods and services. In the case of the federal government, it refers to the total amount of income generated from taxes, which remains unfiltered from any deductions. of your business are also dependent on these macro factors.
And we have made your work easy. Just look through the list of books and start with anyone you like. If you can read all of the books on macroeconomics mentioned below, you will be equipped with tools and comprehensions about how to make a prudent business decision. Don’t you think it’s a great thing to master?
If you’re wondering about which macroeconomics book to read in 2021, you may pick this book up as a textbook.
#1 – Macroeconomics: Principles, Problems, & Policies (Irwin Economics)
by Campbell McConnell, Stanley Brue, and Sean Flynn
Most of the readers who read this macroeconomics book have remarked that this book acts as a stand-alone book for macroeconomics. You can use this book as a textbook and easily complete your course with the highest honor. And it’s written in such a way that from beginners to advanced learners all can use it. This includes all the basic concepts of macroeconomicsBasic Concepts Of MacroeconomicsMacroeconomics aims at studying aspects and phenomena important to the national economy and world economy at large like GDP, inflation, fiscal policies, monetary policies, unemployment rates. as well as consists of some advanced theories which help the learners stretch their learning to a new level. If you have ever enrolled in a university or applied for an online class, take this book with you as you learn the concepts and fundamentals of macroeconomics. It can be the go-to resource for every exercise and for all relevant applications. If you’re involved in a business and don’t have a clue about what macroeconomics is all about, grab this book and your decision-making ability will improve a lot more than before.
- This is one of the most widely used textbooks on macroeconomics. From students to instructors to business owners, all can benefit from this book and can apply its teachings in their business & professional lives.
- The book is very comprehensive (around 576 pages) and divided into meaningful divisions (quiz section, instructional section, and text materials) which make this book the most easy-to-use book among all. The writing is also very lucid.
#2 – Principles of Macroeconomics (Mankiw’s Principles of Economics)
by N. Gregory Mankiw
This is another text book, you can pick up first (if you are a beginner in macroeconomics).
If you want to learn the most important concepts, ideas, insights, and practical aspects of macroeconomics, this is the book you must read. As a student, this will help you a lot since there is no fluff in this book. You will only get what you expect to get from this best macroeconomics book. Many readers of this book have mentioned that this book has been instrumental in teaching them how the economy works, how the macroeconomic factors affect business scenario, and how the whole idea of macroeconomics makes sense in the large spectrum of business. The most surprising part about the book is this book makes the class unnecessary. Many students who have purchased and thoroughly read this book have remarked that they learned little from the class because they could learn all by themselves with the help of this book. Moreover, the author of this book has extensive experience in teaching macroeconomics, microeconomics, principle of economics, and statisticsStatisticsStatistics is the science behind identifying, collecting, organizing and summarizing, analyzing, interpreting, and finally, presenting such data, either qualitative or quantitative, which helps make better and effective decisions with relevance. which helped this book come out well.
- Most of the books revolve around too many details that overwhelm the students. But to know the concepts and fundamentals of macroeconomics, you don’t need to know everything at once. This book has done a great job of discarding the excess and talked about only essential concepts.
- This book is full of practical examples that make learning easy. Any student, professional, or business owner can take the help of this book to understand or refresh their concepts of macroeconomics.
#3 – Macroeconomics
by Paul Krugman and Robin Wells
If you enjoy macroeconomics and are eager to learn how the subject works, this book would certainly be one of your favourites.
According to the readers of this macroeconomics book, the authors did a great job of explaining the concepts of macroeconomics. And you don’t need to be a rocket scientist to understand the fundamentals of this book. Because this book is written in such a way that there is no use of calculus and advanced maths! The authors explained the topic without the need for using difficult mathematics so that the new students can comprehend what they’re reading about. Moreover, you will also get to understand the effect of 2008’s crisis in every chapter. As a result, you would be able to relate to the concepts with relevant examples and practical applications. If you ever need to read a book in a lot more detail and don’t want to complicate things with advanced maths and calculus, this is the book for you. Instead of using it as a textbook, it’s better if you can use it for your own learning. And then take a supplement text where you can learn the basic and advanced maths related to macroeconomics.
- Paul Krugman is a Nobel laureate and he is famous for his ability to connect recent events with the concepts of macroeconomics. In this book, he has done the same with his co-author Robin Wells.
- This book is effective for anybody wanting to understand macroeconomics. From students to teachers, from instructors to business owners, everyone can benefit from reading this book as the concepts are very well explained and the book is also very comprehensive (around 595 pages).
#4 – The Macro Economy Today (The Mcgraw-Hill Series in Economics)
by Bradley Schiller and Karen Gebhardt
If you get bored easily with too many concepts of macroeconomics, read this book.
This macroeconomics book is written for those who need a different model of learning macroeconomics. In reality, macroeconomics is a tricky subject and it often bores many students. Picking up this book will help you absorb concepts of macroeconomics much faster and learning much easier. Here’s why. First of all, this book is written in such a way that you can understand different sections easily. Plus, this book also includes different text-colors that help you pinpoint the important concept without any hassle. This book is a great read if your primary purpose is to cover a course at your college/university. This can be used as a textbook and it’s especially helpful for those who don’t have much time for reading. But that doesn’t mean the book skips a lot of concepts – no, it is quite comprehensive and includes all important aspects of macroeconomics so that you can understand and learn all that you need to know in macroeconomics.
- The book’s main takeaways are three – first, the book is very easy to read; second, you can use this book if you’re involved in policy making or in critiquing them; and third, it’s a great book for classroom learning.
- This book on macroeconomics is highlighted throughout for most important and usable sections. Business owners can read the highlighted area for a quick read and then can go in detail before they need to make any significant decisions.
#5 – Foundations of Macroeconomics
by Robin Bade and Michael Parkin
This book will truly build your foundations in macroeconomics.
This book is differently arranged so that the students can be challenged even before they start to learn anything. That’s why every chapter of this book starts with a series of questions to pique one’s interest. Once you read through the questions, jumping into the text material will seem easier as if you’re trying to find the answers to the questions you have already read at the beginning of the chapter. Every chapter is very easy to read and you can go through them quite easily. However, you can’t skip even one chapter in between if you want the book to make sense to you as there are a lot of recapitulation required to understand the new concepts. Moreover, this book includes a lot of real-life illustrations that make the reading relevant and active. So grab this book if you’re a student and want to learn macroeconomics quickly. It comes up with supplement materials as well as power-points which make students’ lives easier.
- This book covers a lot of takeaways. You would be able to use MyEconLab which comes with the book where you can take online help for homework, tutorial, and assessment program. For active learning, you can also use a checkpoint system framework mentioned in this book. The authors encourage learning macroeconomics by applying the concepts in real life to make the learning easier and active.
- This book also includes updated content which enhances the relevance of the concepts and you as students or business owners can grasp the concepts easily.
#6 – Macroeconomics
by N. Gregory Mankiw
This is another masterpiece by Mankiw – a great textbook and a must-read for every student of Economics.
If you’re taking a macro class in your college, this book would be the perfect ally for you. You would be able to use the concepts well and learn by your own how to make sense of the industrial factors, national incomeNational IncomeThe national income formula calculates the value of total items manufactured in-country by its residents and income received by its residents by adding together consumption, government expenditure, investments made within the country and its net exports., national product, gross domestic product, gross national product and so on and so forth. The author is a professor at Harvard University and an avid practitioner of these concepts because he has been teaching his students for a long period of time. And all his experience in teaching has shaped up this book. If you just want to pick one textbook on macroeconomics, your search would end here. This macroeconomics book includes all the concepts you need to know in macroeconomics. And the only warning sign given by the students who have read this book is that this book is pretty heavy with concepts; so if you want a quick-fix, this book is not for you. This book is for those who want to go in detail, want to understand every fundamental concept well, and would extend their learning to real-life applications.
- This is a bestselling book on macroeconomics. One one particular ingredient of this book is the clarity of concepts. You would be able to understand the theory, would be able to refer to relevant researches, and also to various policies of macroeconomics.
- The author also talks about emerging concepts in macroeconomics that you wouldn’t find anywhere else.
#7 – Macroeconomics: Principles, Applications, and Tools
by Arthur O’Sullivan, Steven Sheffrin and Stephen Perez
If you opine that macroeconomics is the most unpleasant subject, this book busts that myth.
If you ever wonder how you would pass the macroeconomics class, don’t worry. Grab this book and you will be able to pass your exam with flying colors. But this book is more helpful than that. The book may seem a bit lengthy at times, but to cover all the concepts of macroeconomics, one needs to explain everything in detail, don’t you think? This best macroeconomics book is also written well, making things as simple as possible. This book is different in a few aspects. It’s not an average textbook on macroeconomics; this book is primarily written for students who are beginning to learn macroeconomics for the first time. Moreover, it’s very straightforward and has provided many practical examples so that a new student can relate to new concepts. And the most attractive point of this book is its price. The recent edition costs much more than this book! As a result, students are able to save quite a lot from this book.
- This book has only one audience and that’s students. If you are a student and want to learn the new concepts of macroeconomics, this is a must-read for you. Moreover, you will save a lot of money on it as well.
- This book is arranged in such a way that every concept is easier to digest and easier to apply. With the aid of this book, you will be able to easily pass the macroeconomics exam.
#8 – Macroeconomics
by Roger A. Arnold
Do you want a book on macroeconomics that you can use to pass the exam, master the subject, and learn the nitty-gritty? Well, your search ends here.
This book is a masterpiece. Not only the content of the book is of superior quality (there’s no boring GDP, NI, GNP definitions & complexities); it also provides digital access to a plethora of materials that will truly revolutionize your understanding of macroeconomics. This book is written mainly for students. That doesn’t mean that if you’re a business owner, you can’t learn anything from this book. Rather, as a business owner, it would be much useful to you as you will be able to learn all recent updates about macroeconomics; you will be able to watch relevant videos, and you will also be able to think like an economist. Yes, maybe sometimes, you feel that so much content is redundant; but if you can utilize the content well, you don’t even need to touch another book for understanding the fundamental concepts of macroeconomics. You will also be able to get access to MindTap technology to learn the concepts on the go without wasting any time.
- The best takeaway is the way the book is written. Students never learn to love macroeconomics because the authors explain the concepts in a complex and dull way. But this book is different. For example, do you think a tax on soda really reduces obesity? Or, why Greece is facing financial problems? Learning like these is much superior and help students retain much more information than simple explanations of the fundamental concepts.
- Other than that, you will get access to Aplia & MindTap technology which will help you finish your homework, understand your progress, and will provide momentum in studying the subject.
#9 – A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know
by David A. Moss
Till now we have talked about textbooks on Macroeconomics. This book will go beyond the idea of the textbook and would be more relevant for professionals.
You would agree that experience matters a lot when you want to teach someone something. The author of this book holds years of experience in teaching Economics at Harvard University. And the result of all those years of experience in this macroeconomics book which can be a perfect guide for managers and students. However, it’s not a textbook if you’re wondering. It’s much concise and much relevant for those who are always pressed for time and don’t get enough time to revisit their core competencies. Pick up this book and do a refresher course in macroeconomics. As a professional, you may know a lot of concepts already mentioned in this book; but never thought about all of these in the way they’re described in this book. You will not only learn the concepts, insights, and fundamentals of the subject, you will also get to know how to intuitively think about it so that you can apply the same learning in your own life – personal and professional. Plus, it’s pretty easy to read. What else do you want in a single book?
- If you have ever wondered how things work between output, money, and expectations, this book is a must-read. This best macroeconomics book will teach you ways to be intuitive about the macro factors of Economics.
- You will also be able to use a lot of real life examples while learning the concepts of macroeconomics which will make your learning relevant and useful. For example, how to respond to macroeconomic events and how to develop intuition to apply your understanding to the newly found information etc.
#10 – Core Macroeconomics
by Eric Chiang
If you want to read the most human book on macroeconomics, this is the book you should read.
Most of the colleges prefer textbooks which is either filled with complex jargon or which has no relevance with reality. But this book is different. This book is written for human by a human. Instead of running away from the book (because it is too difficult to sit around something so complex), you will find pretty easy to read. You will be able to relate to real-life examples which actually teach you the concepts, instead of trying to impress. So, if you’re planning to buy a book which is more humane in approach and written because the author wants to teach the subject to new students, this is the book you should buy. Yes, there are many macroeconomics books available in the market and they all claim to teach you everything about macroeconomics; but how many students are able to digest the material through and through? In this case, the concepts are linked with illustrations and all the fluffs are discarded. Even the instructors of macroeconomics would be able to get enough help through this book.
- You would be able to visualize every concept of the book. Don’t you think that’s the purpose of teaching? A teacher makes things so digestible, that students can’t say no to the subject. This book does the same thing for anyone who would read this book.
- This best macroeconomics book includes new concepts in macroeconomics, more visual representation of every idea & concept and new integrated media tools. These new resources make learning much easier for students.
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