Methodology of Economics

Olivier Blanchard, former chief economist of the International Monetary Fund (IMF), is author of one of the most important standard macroeconomics textbooks, which is used throughout the world. Endorsed by Blanchard himself, Anti-Blancha...

This is a newly revised second edition of a key macroeconomic textbook. After explaining the historical development of the subject, the authors show how rational expectations are handled in macro models. The importance of structural micr...