Macroeconomics

A comprehensive textbook for first-year Ph.D. courses

Pre-order the book at Oxford University Press. Orders will ship on November 2026.

Our Approach

The book presents modeling and analytical tools of macroeconomic analysis and then applies them to the main topics within the field of macroeconomics.

Data Driven – A key feature is that we make explicit connection with data throughout the book. Macro theory is used to interpret the data.
Research Orientated – The book has the rigor of a Ph.D. course, but the material is presented in an accessible way, making it suitable to a wide range of students, including those in MA and MS courses.
Expert Led – The material in the book represents the state of the art knowledge of the field. Chapters 1-10 are written by the core authors. Chapters 11-25 are written by or co-authored with leading experts on particular topics.

Chapters

The first 10 chapters discuss core topics typically covered in a first-semester graduate macroeconomics sequence. A subset of the following chapters are usually covered in the second semester. They are self-contained, providing versatility to instructors to choose which material to focus one, while at the same time connecting concepts to the first section of the book.

READ CHAPTER SUMMARY

Slides and Online Appendix

Proofs and additional material is placed in the Online Appendix, intended to expand on the topics (link coming soon). We have also created slides for selected chapters.

ACCESS SLIDES