HES: RE: QUERY--First Macro Textbook to use IS-LM?
Nicholas J. Theocarakis
ntheocar at econ.uoa.gr
Thu Mar 15 06:16:53 EDT 2007
One of the most (justly) popular macroeconomic textbooks in the '70s was
William H. Branson's _Macroeconomic Theory & Policy_ (1967, 1972, 1979,
1989) which relied heavily on the IS-LM apparatus. Indeed the whole book
was structured around it. I remember that in the late 70s in the GRE exams
if you could move around the IS-LM like a cat's cradle you could pass with
flying colours the macro section. No assembly required.
Nicholas J. Theocarakis
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