Presents macroeconomics from a European perspective making it easier for students to relate the concepts to their own economic environment.
Uses up to date European and global monetary policy examples shows students the relevance of the theory.
Reflects the dynamic nature of the subject by providing a comprehensive analysis of modern macroeconomics with a balance of theoretical approaches. These fully reflect the fall out from the financial crisis.
A comprehensive package of online content provides lecturers with a ready bank of practical resources to use in their teaching and students opportunity to test their learning.

Part I: Introduction to Macroeconomics
Chapter 1. What is Macroeconomics?
Chapter 2. Macroeconomic Accounts
Part II: The Macroeconomy in the Long Run
Chapter 3. The Fundamentals of Economic Growth
Chapter 4. Explaining Economic Growth in the Long Run
Chapter 5. Labour Markets and Unemployment
Chapter 6. Money, Prices, and Exchange Rates in the Long Run
Part III: The Macroeconomy in the Short Run
Chapter 7. Borrowing, Lending, and Budget Constraints
Chapter 8. Private Sector Demand: Consumption and Investment
Chapter 9. Money and Monetary Policy
Chapter 10. Macroeconomic Equilibrium in the Short Run
Chapter 11. International Capital Flows and Macroeconomic Equilibrium
Chapter 12. Output, Employment, and Inflation
Chapter 13. Aggregate Demand and Aggregate Supply
Chapter 14. Asset Markets
Chapter 15. The Exchange Rate
Part IV: Macroeconomic Policy in a Global Economy
Chapter 16. Demand Management Policies
Chapter 17. Fiscal Policy, Debt, and Seigniorage
Chapter 18. Policies for the Long Run
Chapter 19. The Architecture of the International Monetary System
Chapter 20. Epilogue