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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.

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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:

Student Resources:
Sample exam questions
Multiple choice questions
Review questions
Web appendices
Web links

Lecturer Resources:
Power Point slides Excel based exercises for macroeconomic modelling
Lecture plans
Case studies
Revision questions
Solutions to end-of-chapter exercises
Test bank
VLE cartridge

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´An outstanding book that covers all aspects of macroeconomics at an appropriate level for UG students. Easy to read, comprehensive and with a lot of examples and exercises.´ Professor Manfred Dirngrabner, University of Applied Sciences Vienna

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Michael Burda is Professor of Economics at Humboldt University, Berlin.


Charles Wyplosz is Professor of Economics at The Graduate Institute, Geneva

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