Macroeconomics presents a new approach to macroeconomics based on microeconomic foundations combined with Keynesian-style short-run policy analysis. The book
Features: * A pronounced international stance systematically presenting data from several countries * Consistent treatment of the long & short run & the closed & open economy * A highly relevant approach that takes account of market imperfections & rigidities which characterize real economies * Up-to-date chapters on EMU business cycles institutions & policy & financial markets & crises * End of chapter summaries exercises with varying levels of difficulty plus appendices providing extension material Written in a clear & direct style Gottfries's Macroeconomics is the ideal textbook for students who seek a thorough understanding of modern macroeconomics in preparation for work or further study.