Mankiw's Macroeconomics is popular, widely adopted and well-known for clearly communicating the principles of Macroeconomics in a concise and accessible way. Every chapter of this textbook includes fully integrated real-world examples, stories and applications. These help to make economics accessible and entertaining while teaching intuitively and reinforcing critical concepts.
The European Edition keeps the formula that has made it a best-selling text, but introduces European cases and examples as well as relevant new theory content, for example there is a new chapter on European Monetary Union. The changes help to make an already successful book even more engaging and relevant for European students.

NEW TO THIS EDITION
* New chapter on European Monetary Union.
* Over 20 completely new case studies, with heavy adaptation of a further 25.
* 3 brand new 'For Your Information' boxes.

The Science of Macroeconomics
The Data of Macroeconomics
National Income: Where It Comes From and Where It Goes
Money and Inflation
The Open Economy
Unemployment
Economic Growth I: Capital Accumulation and Population Growth
Economic Growth II: Technology, Empirics and Policy
Introduction to Economic Fluctuations
Aggregate Demand I: Building the IS-LM Model
Aggregate Demand II: Applying the IS-LM Model
The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime
Aggregate Supply and the Short-Run Trade-Off Between Inflation and Unemployment
Stabilisation Policy
Government Debt
Common Currency Areas and European Economic and Monetary Union
Consumption
Investment
Money Supply and Money Demand
Advances in Business Cycle Theory

N. GREGORY MANKIW is Professor of Economics at Harvard University, based in Cambridge, Massachusetts, USA. He began his study of economics at Princeton University, where he received an AB in 1980. After earning a PhD in economics from the Massachusetts Institute of Technology, he began teaching at Harvard in 1985 and was promoted to full professor in 1987. Today, he regularly teaches both undergraduate and graduate courses in macroeconomics.

MARK P. TAYLOR is Professor of Macroeconomics and International Finance at the University of Warwick, UK and a Managing Director of Barclays Global Investors. He obtained his first degree in philosophy, politics and economics from Oxford University. He then worked as a foreign exchange dealer in London for two years, while simultaneously studying part-time for a master's degree in economics at London University, from where he also holds a doctorate in economics.