The latest editions of introductory texts are becoming easier and easier. At the same time, macroeconomic models used by central banks in their simulations (the so-called Dynamic Stochastic General Equilibrium Models, DSGE) are increasingly microfounded – and thus complex. In a nutshell, BUP Macroeconomic Lessons fill a gap. Surely students will find them slightly more difficult than the most popular textbooks, but their investment will pay off when they attend a Macroeconomics course. It will help them understand that microeconomics and macroeconomics are two different, albeit connected, worlds, because they will appreciate that the two disciplines share the same way of thinking.
Author Biography
Luigi Balletta is a researcher of Economics at Palermo University. He received his PhD from Yale University (2010). Salvatore Modica is Full Professor of Economics at Palermo University. He received his PhD from Cambridge University (1985).
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