Responding to the most recent global challenges by analysing data from new events, and developing new policy examples, the eighth edition of Macroeconomics: A European Text continues to provide a comprehensive and modern analysis of macroeconomic theories.
While retaining their focus on those features that characterise the European economy, the authors explore matters surrounding the global financial crisis, the European debt crisis, and the most recent effects of the Covid-19 pandemic on both labour supply and consumption. Students are supported throughout with real-life case studies, which provide rich and qualitative examples, helping them both to connect with the concepts and policies presented and to appreciate how economics works in practice.
The authors encourage students to stretch their understanding further by presenting them with a set of essay questions at the end of each chapter, motivating them to think more critically.
The eighth edition is available for students and institutions to purchase in a variety of formats and is supported by online resources.
The e-book offers a mobile experience and convenient access along with self-assessment activities, hyperlinked further reading functionality tools, navigation features, and links that offer extra learning support:
www.oxfordtextbooks.co.uk/ebooks
Online student resources supporting the book include:
Video walkthroughs on trickier concepts for chapters 3, 4, 6, 8, 11, 12, 13, 16, and 18
Sample exam questions
Multiple choice questions
Review questions
Web appendices
Web links
Online lecturer resources supporting the book include:
Power Point slides
Excel based exercises for macroeconomic modelling
Lecture plans
Solutions to end-of-chapter exercises
Test bank
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Michael Burda is well-respected in the macroeconomics field and affiliated with Humboldt University, Berlin.
Charles Wyplosz is well-respected in the macroeconomics field and affiliated with The Graduate Institute, Geneva.
'Burda and Wyplosz have done a marvelous job for this eighth edition by further tweaking what has long since been an outstanding foundational book in macroeconomics. Macroeconomics: A European Text is superb in striking the right balance between theory and evidence and it remains peerless in integrating open economy aspects to the macroeconomics curriculum. The book continuous to be the go-to book for equipping undergraduate students with the thinking tools needed for understanding modern macroeconomics. '
--Mark Weder, Professor of Economics, Aarhus University'An excellent introduction to macroeconomics. It explains advanced concepts in easily understood models and language, with applications to real-world problems that helps students grow into mature economists. Many of Europe's economic challenges are different from those of the United States and other advanced countries, because of its unique nature of a large market made up of several smaller entities that have discretion over many aspects of economic management. It is most welcome to find a book that addresses these issues within a rigorous, yet approachable framework, that can help the reader engage in a well-informed discourse about our future. '
--Sir Christopher Pissarides, Regius Professor of Economics, London School of Economics'This is a superb and engaging macroeconomics text for those interested in Europe. It contains plenty of theory, empirics and case studies with excellent sections on income distribution and the global financial crisis. To be recommended strongly for those who want to teach macroeconomics for the real world. '
--Rick Van der Ploeg ,Professor of Economics, Oxford University
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