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artuj2009 · 2009 October 6th, 03:49 PM

I saw that many undergraduate applicants in this forum state in their profiles, that they took PhD level courses, but because in my university its impossible (even it is very difficul to take master level courses) I'd like to cover some topics by myself that is why I want to ask you:
-which books in Macroeconomics you consider as the PhD Level ?
(i.e. which level represents D.Romer Advanced Macroeconomics - Master?)
- what about books in Microeconomics ? (i.e. what about Mas-collel)
- Econometrics (both in all fields - panel data, time series etc.)

Thanks for your advice

Carlito09 · 2009 October 6th, 04:33 PM

From my own experience, I can say that it is very difficult to read books you actually dont need to now. And a very important part of the learning process takes place in the classroom when interacting with other students/your prof...

I am just following the lectures with other grad students and then I will see. Either they will allow me to receive a grade (and have it on my transcript), or not. Then I might get a letter of reference. And if not even a letter of reference, then I will be more ready for my graduate classes...

Otherwise, at my school Romer and Mass-Collel are used at a master level...

Tex Jansen · 2009 October 6th, 04:45 PM

I think Romer's growth chapters may reach Ph.D. level. His short run chapters, however, are masters level.

For standard first year stuff in macro, Stokey and Lucas, and Sargent and Ljungqvist and the most common. I wouldn't try the former on my own, however. Blanchard and Fisher is old but still a good book.

For monetary, Gali is the best choice. Walsh is more comprehensive. Avoid Woodford.

For Micro, Mas-Colell, Mas-Collell, and Mas-Collell are the most common. Followed by Mas-Colell.

Gecko · 2009 October 6th, 04:59 PM

Econometrics - Hayashi, Greene.

artuj2009 · 2009 October 6th, 08:09 PM

Quote:

Originally Posted by Gecko

Econometrics - Hayashi, Greene.

what about H. Greene - "Econometric Analysis" ?

and what do you think about Barro, Sala-i-Martin "Economic Growth" ?

Thanks

Gecko · 2009 October 7th, 06:17 AM

Quote:

Originally Posted by artuj2009

what about H. Greene - "Econometric Analysis" ?

and what do you think about Barro, Sala-i-Martin "Economic Growth" ?

Thanks

William H. Greene - Econometric analysis

(apologies for not being clear).

Hayashi - Econometrics.

I only briefly glanced through Sala-i-Martin's book and it seems very accessible to even undergrads

I would recommend the book by Acemoglu, "Introduction to Economic Growth", as its very comprehensive as a primer for the different models on growth.

cjw10 · 2009 October 7th, 05:37 PM

This is what we're using for the first semester Ph.D. core at NCSU:
Macro:
Romer - Adv. Macro
Barro & Sala-i-Martin - Economic Growth

Micro:
Varian - Micro Analysis
Mas-Colell - Micro Theory

Gecko · 2009 October 9th, 06:56 AM

hmm, the book by romer is at most M.A. level as it surveys the models without going in depth into it

could be useful for garnering intuition though..

asianeconomist · 2009 October 9th, 02:33 PM

Acemoglu's new book on Growth is quite good for a broad coverage on growth models.

JosephKeith72 · 2009 October 9th, 07:38 PM

Any of the more popular graduate textbooks would be useful to preview before applying to graduate school. You might mention it on the application as well. I would recommend just googling "bestselling econometrics textbooks".

The same idea would apply to microeconomics textbooks. For macro, I think there are fewer "standard" textbooks as different styles of macro are taught at different places.

2009 October 6th, 03:49 PM	#1 (permalink)
artuj2009 I JUST got here. Join Date: Sep 2009 Location: Lithuania Posts: 15	PhD level books I saw that many undergraduate applicants in this forum state in their profiles, that they took PhD level courses, but because in my university its impossible (even it is very difficul to take master level courses) I'd like to cover some topics by myself that is why I want to ask you: -which books in Macroeconomics you consider as the PhD Level ? (i.e. which level represents D.Romer Advanced Macroeconomics - Master?) - what about books in Microeconomics ? (i.e. what about Mas-collel) - Econometrics (both in all fields - panel data, time series etc.) Thanks for your advice

2009 October 7th, 05:37 PM	#7 (permalink)
cjw10 Done and done. Join Date: Nov 2008 Posts: 773	This is what we're using for the first semester Ph.D. core at NCSU: Macro: Romer - Adv. Macro Barro & Sala-i-Martin - Economic Growth Micro: Varian - Micro Analysis Mas-Colell - Micro Theory _ _ _ _ SIG _ _ _ _ North Carolina State University

2009 October 9th, 02:33 PM	#9 (permalink)
asianeconomist TestMagic Guru Join Date: Jul 2007 Location: Cambridge, UK Posts: 1,316	Acemoglu's new book on Growth is quite good for a broad coverage on growth models. _ _ _ _ SIG _ _ _ _ The Pens have been lifted and the Pages have dried. - recorded by At Tirmidhee.

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2009 October 6th, 04:33 PM	#2 (permalink)
Carlito09 I JUST got here. Join Date: Oct 2008 Posts: 7	From my own experience, I can say that it is very difficult to read books you actually dont need to now. And a very important part of the learning process takes place in the classroom when interacting with other students/your prof... I am just following the lectures with other grad students and then I will see. Either they will allow me to receive a grade (and have it on my transcript), or not. Then I might get a letter of reference. And if not even a letter of reference, then I will be more ready for my graduate classes... Otherwise, at my school Romer and Mass-Collel are used at a master level...

2009 October 6th, 04:45 PM	#3 (permalink)
Tex Jansen Within my grasp! Join Date: Apr 2007 Posts: 213	I think Romer's growth chapters may reach Ph.D. level. His short run chapters, however, are masters level. For standard first year stuff in macro, Stokey and Lucas, and Sargent and Ljungqvist and the most common. I wouldn't try the former on my own, however. Blanchard and Fisher is old but still a good book. For monetary, Gali is the best choice. Walsh is more comprehensive. Avoid Woodford. For Micro, Mas-Colell, Mas-Collell, and Mas-Collell are the most common. Followed by Mas-Colell.

2009 October 6th, 04:59 PM	#4 (permalink)
Gecko This user's posts are moderated. Join Date: May 2008 Posts: 1,078	Econometrics - Hayashi, Greene.

2009 October 9th, 06:56 AM	#8 (permalink)
Gecko This user's posts are moderated. Join Date: May 2008 Posts: 1,078	hmm, the book by romer is at most M.A. level as it surveys the models without going in depth into it could be useful for garnering intuition though..

2009 October 9th, 07:38 PM	#10 (permalink)
JosephKeith72 metricsguy Join Date: Oct 2009 Posts: 41	Any of the more popular graduate textbooks would be useful to preview before applying to graduate school. You might mention it on the application as well. I would recommend just googling "bestselling econometrics textbooks". The same idea would apply to microeconomics textbooks. For macro, I think there are fewer "standard" textbooks as different styles of macro are taught at different places.

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