Macroeconomics teaches students to be young economists, providing a contemporary approach to the subject and a wealth of real-life case studies to allow students to understand how economics works in practice.
Responding to the financial crisis, this text explains the modern approach to macroeconomics with simplicity and rigour, while retaining the focus on particular characteristics of the European economy. The authors analyse different theoretical approaches and contextualise theory with up-to-date monetary policy examples.
Helpful learning features throughout the text including; boxes, chapter summaries, key concepts, end of chapter exercises, and essay questions, support students' learning, and the book is accompanied by an extensive Online Resource Centre designed to help students take their learning further.
Online Resource Centre:
Sample exam questions
Multiple choice questions
Power Point slides
Excel based exercises for macroeconomic modelling
Solutions to end-of-chapter exercises
Michael Burda is Professor of Economics at Humboldt University, Berlin. Charles Wyplosz is Professor of Economics at The Graduate Institute, Geneva
PART I: INTRODUCTION TO MACROECONOMICS; PART II: THE MACROECONOMY IN THE LONG RUN; PART III: THE MACROECONOMY IN THE SHORT RUN: THE BUILDING BLOCKS; PART IV: MACROECONOMIC EQUILIBRIUM; PART V: MACROECONOMIC POLICY IN A GLOBAL ECONOMY