Transforming Modern Macroeconomics

Explore the evolution of macroeconomics with "Transforming Modern Macroeconomics" by Roger E. Backhouse. Published by Cambridge University Press in 2014, this insightful paperback delves into significant changes in the field since the 1950s. Spanning 238 pages, Backhouse presents a compelling analysis of the quest to build macroeconomic models that are rigorously based on the behaviors and interactions of individual firms and households. This book not only sheds light on the theoretical underpinnings of modern macroeconomics but also addresses its future trajectory through the end of the twenty-first century and beyond. Ideal for students and professionals alike, "Transforming Modern Macroeconomics" is a must-read for anyone interested in understanding the complexities of economic equilibrium and the dynamics of market phenomena.