---

With this Exercise and Solutions Manual the student can further sharpen his/her skills in macroeconomic model formulation and solution. The manual contains a large number of problems with varying degrees of difficulty. It also gives model solutions for all problems.

---

The study of macroeconomics can seem a daunting project. The field is complex and sometimes poorly defined and there are a variety of competing approaches. Designed to complement the third edition of Foundations of Modern Macroeconomics, this manual enables students to further sharpen their skills in macroeconomic formulation and solution.

Fully revised and updated, and including brand new problems and numerical examples, the new edition of Foundations of Modern Macroeconomics: Exercise and Solutions Manual uses worked example models to enable self-study and to allow the reader to begin to build their own models. It uses a range of problems with varying degrees of difficulty and provides solutions.

---

This thoroughly revised and expanded version of Ben Heijdra´s successful textbook continues to do an excellent job of keeping up with the current developments in macroeconomics and presenting them in a way that makes this material accessible to advanced undergraduate students. I find its progression from intermediate macroeconomics, through advanced macroeconomics, to the dynamic stochastic general equilibrium, which enables these diverse developments to be presented in a unified framework, to be particularly appealing. Stephen J. Turnovsky, Van Voorhis Professor of Economics, University of Washington

---

Ben J. Heijdra received his education in the Netherlands and in Canada. Before joinin the Faculty of Economics and Business of the University of Groningen in the Spring of 1998 he held academic positions at various universities in Australia and the Netherlands. His research focuses on policy-relevant (theoretical) macroeconomics. Topics include ageing and macroeconomic performance, annuitization and the macroeconomy, and environmental macroeconomics. Heijdra is a
Senior Researcher of Netspar, a network dedicated to the study of ageing and pension issues, and a Fellow of CESifo (Munich). He has been on the editorial board of De Economist since January 2005.

---