"This excellent textbook not only brings together macroeconomics and its application to current issues, especially in Europe, it also demonstrates to students how fascinating macroeconomics can be."

There is a German saying: The "better" is the enemy of the "good". This saying applies to the second edition of this fabulous book. It is the very best European text on macroeconomics that I have seen. |s Professor Hans-Werner Sinn, University of Munich |d 11/12/1996

Once upon a time we had to use texts that dealt exclusively with US developments and debates; the second edition of Burda and Wyplosz's groundbreaking European macroeconomics text ensures that will never be the case again. |s Professor Charles Bean, London School of Economics |d 11/12/1996

Here is a textbook which really deals with the modern approach to macroeconomics and is a beautiful blend of theory, empiricism and policy. A must for general and business economics students. |s Professor Rick van der Ploeg, University of Amsterdam |d 11/12/1996

TEXTBOOK

Building upon the considerable success of previous editions, Macroeconomics provides a comprehensive analysis of modern macroeconomics within both a European and a global context. Competing theoretical approaches are presented in a clear and balanced manner with continual reference to data and case study examples from the real world. Burda and Wyplosz have produced another excellent textbook, which will guide students through challenging and complex issues with clarity and simplicity. The excellent teaching and learning aids include chapter overviews, summaries of key concepts, end of chapter exercises, and suggestions for further reading accompanying each chapter. ONLINE RESOURCE CENTRE For lecturers: PowerPoint slides, lecture plans, a test bank, animated figures, solutions to end-of-chapter exercises, revision questions, additional exercises and case studies. For students: review questions, self-test multiple-choice questions and appendices.

Building upon the considerable success of previous editions, Macroeconomics provides a comprehensive analysis of modern macroeconomics within both a European and a global context. Competing theoretical approaches are presented in a clear and balanced manner with continual reference to data and case study examples from the real world. Burda and Wyplosz have produced another excellent textbook, which will guide students through challenging and complex issues with clarity and simplicity. The excellent teaching and learning aids include chapter overviews, summaries of key concepts, end of chapter exercises, and suggestions for further reading accompanying each chapter. ONLINE RESOURCE CENTRE For lecturers: PowerPoint slides, lecture plans, a test bank, animated figures, solutions to end-of-chapter exercises, revision questions, additional exercises and case studies. For students: review questions, self-test multiple-choice questions and appendices.

Michael Burda is Professor of Macroeconomics and Labour Economics at the Humboldt-Universitaet, Berlin, and has published research relating to the labour markets of both Western and Eastern Europe.

2000-12-26 Not a bad effort, but a lot of room for improvement

I used this textbook extensively during my one-year course in Intermediate Macroeconomics. Though a pretty reasonable textbook, it is let down by a few nasty chapters (namely, on Growth) and out-of-this-world appendixes, whose purpose supposedly consists of clarifying the ideas but which really amount to no more than useless pieces in mathematical economics. It does possess the advantage of offering a European background on Macroeconomics and its standard is higher than its American "rivals", such as Mankiw or Blanchard. My advice would be to combine this textbook and one of the above: the Americans (especially Mankiw) possess great clarity of exposition, and having already gained insight to the subjects with those books you will take much greater advantage of Burda and Wyplosz' effort. One last note: there is a certain amount of ideological bias throughout the book, and the authors are unable to turn away from what is, from my point of view, an excessively Monetarist approach.