Includes bibliographical references (p. 539-540) and index.

Pt. I. Introduction to macroeconomics -- 1. What is macroeconomics? -- 2. Macroeconomic accounts -- Pt. II. The real macroeconomy -- 3. Economic growth -- 4. Labour markets and unemployment -- 5. Borrowing, lending, and budget constraints -- 6. Private sector demand : consumption and investment -- 7. The real exchange rate -- Pt. III. Money -- 8. Money and the demand for money -- 9. The supply of money and monetary policy -- Pt. IV. Macroeconomic equilibrium -- 10. Aggregate demand, output, and the interest rate -- 11. Output, employment and prices -- Pt. V. Inflation and business cycles -- 12. Aggregate supply and inflation -- 13. Aggregate demand and aggregate supply -- 14. Business cycles -- Pt. VI. Macroeconomic policy -- 15. Fiscal policy, debt, and seigniorage -- 16. The limits of demand management -- 17. Supply-side policy -- 18. Economic growth : theory and policy -- Pt. VII. Asset markets and international financial architecture -- 19. Asset markets and macroeconomics -- 20. The architecture of the international monetary system -- 21. Epilogue.

"Building on the considerable success of previous editions, this fourth edition of Macroeconomics has been further simplified to provide an accessible yet 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. Michael Burda and Charles Wyplosz have produced another excellent textbook that will guide students through challenging and complex issues with enhanced clarity and simplicity."