"Miller and Upton is by far the most cited macroeconomics text in front line academic research journals over the last ten years. It has become a contemporary classic."—Roger C. Kormendi, University of Michigan
"The most innovative approach to introducing macroeconomics that I have seen. . . . A 'classic' in the sense that every serious student of macroeconomics is likely to want it in his or her library."—John P. Gould, University of Chicago
"The task the authors set out to perform is ambitious: to write a macroeconomics textbook structured around a neoclassical growth model. And in this task they have succeeded."—Clifford W. Smith, Jr., Journal of Finance
"This is a superb book. As a vehicle for teaching economics I have to place it right behind Henderson and Quant (Microeconomics) and Dorfman, Samuelson, and Solow (Linear Programming). Moreover, it is an exciting book both to read and to think about. . . . It is not just that these authors have something to say, but their way of saying it is generally superior."—F. E. Banks, Kyklos
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Merton H. Miller (1923-2000) was the Robert H. McCormick Distinguished Service Professor Emeritus in the Graduate School of Business at the University of Chicago and the president of the American Finance Association. In 1990 he was awarded the Nobel Prize in Economics for his contributions to the theory of financial economics.
Topics covered; The neoclassical theory of economic growth and production; consumption and saving; government finance; money and the price level; and unemployment.
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