Macroeconomics: An Integrated Approach

This comprehensive and accessible textbook by Auerbach and Kotlikoff provides a unified framework for understanding contemporary macroeconomics, using the two-period life-cycle model to explore and connect each of the major issues in the field.

With a focus on the behavior of overlapping generations of individuals, this framework can encompass most macroeconomic schools of thought and address important topics such as credit constraints, real business cycles, generational accounting, and international capital flows markets.

Written in clear and concise language, this text provides a systematic way to interpret macroeconomic outcomes, understand various policy proposals, and appreciate how individuals and firms fit into the big picture.

Whether you're an undergraduate student or a seasoned economist, this book is sure to provide valuable insights and a deeper understanding of the complex world of macroeconomics.