It analyses different theoretical approaches and contextualises theory with up-to-date monetary policy examples. Macroeconomics provides a comprehensive analsysis of contemporary macroeconomics. This text explains the modern approach to macroeconomics with simplicity and rigour, while retaining the focus on the special aspects of the European economy. These fully reflect the fall out from the global financial crisis. Online Resource Centre: Student Resources: Sample exam questions Multiple choice questions Review questions Web appendices Web links Concepts & issues Data bank (new) Lecturer Resources: Case studies Excel exercises Animated figures Lecture plans PPTs Revision questions Solutions to end-of-chapter exercises Test bank VLE cartridge