The main purpose of Lectures on Macroeconomics is to characterize and explain fluctuations in output, unemployment and movement in prices.
A text for graduate students with some background in macroeconomics, statistics, and econometrics. Describes and evaluates theories to explain fluctuations in the persistent long-term growth of modern economies, as detected in variations of output, unemployment, and movement of prices. Both authors are economics professors at MIT. Annotation c. Book News, Inc., Portland, OR (booknews.com)