Macroeconomics : A European Text. Michael C. Burda , Charles Wyplosz. 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.
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Request Inspection Copy. 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.
Easy to read, comprehensive and with a lot of examples and exercises. A great insight to the subject of economics and a great text for students of economics' - Professor Constantinos Charalambous, PA College. Oxford University Press is a department of the University of Oxford. It furthers the University's objective of excellence in research, scholarship, and education by publishing worldwide. Academic Skip to main content. Search Start Search. Choose your country or region Close.
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To purchase, visit your preferred ebook provider. Election Macroeconomics a European Text Seventh Edition Michael Burda and Charles Wyplosz The most applied macroeconomics textbook on the market, utilising case studies from the post-crisis macro economy to help students think like modern economists. Presents macroeconomics from a European perspective making it easier for students to relate the concepts to their own economic environment.
Provides a comprehensive analysis of modern macroeconomics with a balance of theoretical approaches; fully up-to-date with the most current debates over the role of the banking system in the macroeconomy. A wealth of online content provides lecturers with a ready bank of practical resources to use in their teaching and gives students the opportunity to test their understanding of key concepts.
The banking system has been brought to the fore in the authors' description of the macroeconomic system and characterization of monetary policy. Coverage of the interest rate's zero lower bound, quantitative easing, bank regulation, and the role of shadow banking has been included in Chapter 7 'Asset Markets'. Coverage of the banking and European debt crises, European monetary union and money markets in a fixed exchange rate has been increased.
Chapter 14 'Aggregate Demand and Aggregate Supply' has been streamlined and simplified to aid understanding. The new IMF standards for measuring balance of payments have been adopted. The IS-TR chapters in the closed and open economy, in addition to the central model chapters, have been thoroughly revised. A great insight to the subject of economics and a great text for students of economics' - Professor Constantinos Charalambous, PA College 'Macroeconomics is easy to read, covers the most important content, and always stays in touch with real world economics; including the latest economic approaches and findings' - Professor Marcus Sidki, Ludwigshafen University of Applied Sciences.
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