Table of Contents

Macroeconomics: Theories and Episodes in the U.S.

John F. McDonald, University of Illinois at Chicago

How to Be a Good Professor

Robert J. Bloomfield, Cornell University - Samuel Curtis Johnson Graduate School of Management


"Macroeconomics: Theories and Episodes in the U.S." Free Download

JOHN F. MCDONALD, University of Illinois at Chicago

This is a short book for students who have taken an introductory course in macroeconomics. The book contains a chapter on each of the major competing macroeconomic theories - Keynesian, Monetarist, real business cycle, and Austrian. Then the book presents macroeconomic data on five episodes in the U.S, one chapter for each episode. These are World War I and postwar recession and recovery, the Great Depression, the period of stagflation in the 1970s, and Great Moderation of the 1980s and 1990s, and the decade of the recent financial crisis. A narrative describes the macroeconomic events for each episode, and then assesses how well the implications of each theory comport with the narrative. The final chapter presents the views of important public officials and macroeconomic forecasters who have expressed themselves clearly in book form.

"How to Be a Good Professor" Free Download

ROBERT J. BLOOMFIELD, Cornell University - Samuel Curtis Johnson Graduate School of Management

A good Professor achieves a three part mission of research, teaching and service. After elaborating on this mission, I provide some broad strategies for accomplishing it: know when to say no; don’t try to win the measurement game; don’t be a jerk (in the technical sense); “think otherwise?, but judiciously; and be your own adversary. I then spell out specific learning objectives, explain why they matter, and provide advice on how to achieve them. Stated in the language of instructional design, a good Professor will be able to: communicate effectively; craft constructive reviews and effective response memos; put philosophical insights to practical use; motivate students; share in the governance of your institution; and blend work and life so that each enriches the other.


About this eJournal

This eJournal is devoted to advancing the scholarship of teaching and learning economics encouraging contributors to combine ideas in economics with current ideas about teaching and learning, in a way that is public, open to critique, and in a form on which others can build in a timely manner. Unlike refereed journals, this electronic journal does not subject submissions to review but will publish abstracts as works in progress with links to the full-text working papers in the SSRN database. Eligible submissions could provide descriptions of innovative courses, case studies, student activities and other teaching materials and information related to the manner in which economics is taught or its teaching assessed at the post-secondary level. (Note: Suitable material submitted to the Journal of Economic Education ( will be considered automatically for inclusion in Economics Educator, thus, giving potential JEE authors worldwide visibility for their work during the extensive JEE refereeing and editorial process.)

Editor: William Walstad, University of Nebraska at Lincoln


To submit your research to SSRN, sign in to the SSRN User HeadQuarters, click the My Papers link on left menu and then the Start New Submission button at top of page.

Distribution Services

If your organization is interested in increasing readership for its research by starting a Research Paper Series, or sponsoring a Subject Matter eJournal, please email:

Distributed by

Economics Research Network (ERN), a division of Social Science Electronic Publishing (SSEP) and Social Science Research Network (SSRN)



Social Science Electronic Publishing (SSEP), Inc., Harvard Business School, National Bureau of Economic Research (NBER), European Corporate Governance Institute (ECGI)

Please contact us at the above addresses with your comments, questions or suggestions for ERN-Sub.

Advisory Board

Economics Educator: Courses, Cases & Teaching eJournal

Associate Professor of Economics, University of Nebraska at Lincoln - Department of Economics

Associate Professor of Economics, SUNY Oswego - Department of Economics

Dean, Kelce College of Business, Pittsburg State University, Emeritus Professor of Economics, Mississippi State University - College of Business

Professor of Economics, University of Richmond - E. Claiborne Robins School of Business

Professor of Economics and Director of the Center for Economic Education, Purdue University - Department of Economics