Macroeconomics A European Text

Building upon the success of the first edition, this new edition of Macroeconomics: A European Text is fully revised and updated and provides a comprehensive analysis of modern macroeconomics within a European and global context. With an emphasis upon greater accessibility and clarity the text presents competing approaches in a balanced and lucid manner with continual reference to data and examples from the real world. This text is innovative in four important respects: - it offers a contemporary approach that incorporates the `new' macroeconomics and emphasises microeconomic foundations and intertemporal aspects - it progresses rapidly to an open economy analysis, which is directly relevant to modern European economies - it presents a truly international perspective, giving the student economic data, timely examples, and lively case studies taken from the European and global scene - it is written in a lucid style that guides the students to the frontiers of the subject The second edition has been substantially revised to take account of the changing European and global macroeconomic environment. Two new innovative chapters have been added.;This book is intended for undergraduates taking the compulsory course in intermediate macroeconomics. Supplementary for students taking options in European economics or open economy macroeconomics.