Books-Macroeconomics-MA Economics Entrance preparationJuly 19th, 2013 BY EcoPoint India (0 comments)
This post is next in the series, which books to follow for DSE entrance? Today, I will talk about, which books you can follow for Macroeconomics.
Blanchard : Five stars. This book deserves five stars. Even though written in highly simplistic language, it slowly and gradually clears all concepts that subject lays before you. I urge all of you, to read this complete book, make notes, do all appendices and you are well on your way to understand macro better.
Dornbusch and Fisher: I read this one, when I was an undergrad student. Undoubtedly, very good book, but in some places, it pales in comparison to Blanchard. I always suggest everyone, to pick just one book, if you are picking up this one then don’t pick others.Its chapters on Open economy are must read. They still, are fresh and easily comprehensible than any other book.
Branson: Again, this is the book, you follow in DSE. If you want, you can do first 7-8 chapters of this book. It will clarify your concepts little more. Do not attempt to understand and read everything, at least for MA preparations from this one. You will have its better hold, once you get inside the masters program.
I will re-emphasize my point, do just one book, but do it thoroughly. My preference is Blanchard, you may have other. You dont have to do masters level books to clear the entrance, because they wont ask from them, for that matter, they don’t ask anything directly from any book, but you read your texts, twist the concept, ask questions, stop after every paragraph and ask, what is this trying to teach me, ask who, what, why, how of every concept and you are done.
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