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Macroeconomics: A European Text [Paperback]

Michael Burda , Charles Wyplosz
3.0 out of 5 stars  See all reviews (1 customer review)

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Product details

  • Paperback: 572 pages
  • Publisher: Oxford University Press; 3rd Revised edition edition (22 Nov 2001)
  • Language English
  • ISBN-10: 0198776500
  • ISBN-13: 978-0198776505
  • Product Dimensions: 24.4 x 18.8 x 2.8 cm
  • Average Customer Review: 3.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 721,902 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Michael C. Burda
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Review

'In an increasingly crowded field, the latest edition of Burda and Wyplosz's best-selling text stands out for the breadth of its coverage, the clarity of its exposition, and the topicality of its examples. Students seeking a comprehensive guide to modern macroeconomics need look no further.' Charles Bean, Chief Economist, Bank of England 'This excellent textbook not only brings together macroeconomics and its application to current issues, especially in Europe, it also demonstrates to students how fascinating macroeconomics can be.' Wolfgang Franz, Centre for European Economics Research and University of Mannheim 'Burda and Wyplosz's textbook introduces the student to a balanced exposition of modern macroeconomics and teaches him or her how to think about the problems facing Europe today. It should be on the reading list of every European university and on those outside who want to see macroeconomics in action in this part of the world.' Christopher Pissarides, Professor, London School of Economics

Christopher Pissarides, Professor, London School of Economics

"Burda and Wyplosz's textbook introduces the student to a balanced exposition of modern macroeconomics and teaches him or her how to think about the problems facing Europe today..."

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Most Helpful Customer Reviews
12 of 17 people found the following review helpful
By A Customer
Format:Paperback
I used this textbook extensively during my one-year course in Intermediate Macroeconomics. Though a pretty reasonable textbook, it is let down by a few nasty chapters (namely, on Growth) and out-of-this-world appendixes, whose purpose supposedly consists of clarifying the ideas but which really amount to no more than useless pieces in mathematical economics. It does possess the advantage of offering a European background on Macroeconomics and its standard is higher than its American "rivals", such as Mankiw or Blanchard. My advice would be to combine this textbook and one of the above: the Americans (especially Mankiw) possess great clarity of exposition, and having already gained insight to the subjects with those books you will take much greater advantage of Burda and Wyplosz' effort. One last note: there is a certain amount of ideological bias throughout the book, and the authors are unable to turn away from what is, from my point of view, an excessively Monetarist approach.
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Amazon.com:  3 reviews
3 of 3 people found the following review helpful
A basic, but untidy, textbook 6 Feb 2007
By H. Sætra - Published on Amazon.com
Format:Paperback
First of all, the book does cover basic Macroeconomics. Not in a great way though, you could easily read through this book without really grasping what the IS-LM curves actually do for example, but if you realize when they are doing a poor job of explaining, just read again or read up elsewhere.

Also, if you have done Microeconomics, too much of this book is pure repetition. Too much of this book pretends a large part of the overlap between macro- and microeconomics is purely macroeconomics, so it explains it all. I guess that is a symptom of a sketchy subjectarea, Microeconomics is a far better defined area of study, Macro seems to be Micro, Finance and a lot of guesswork in the middle. An exaggeration for sure, and it COULD be through errors of this book that I got this impression, but I don't think so.

Maybe the worst thing though, is that they have done a spectacular job of managing to get just about every box (Sort of minicases the embellishes the text) and figures/tables on a different page than where it is referenced. This means you constantly have to flip the page as you read through the reasoning and at the same time try to follow it in the figures. It may sound trivial, but after a while I can assure you it is not. Mabe they should have printed this book in a larger format, getting some ideas from american textbooks where they usually allow for a little more space in order to match figures and text, instead of trying to save on papercost.
2 of 2 people found the following review helpful
great macroeconomic textbook 4 April 2001
By A Customer - Published on Amazon.com
Format:Paperback
This book, intermediate in level, is a great textbook for european students or students interested in European economics. It's nice to read a european oriented book every now and then when most economics books are American. The book deals the with modern approach to macro economicsa and uses micro-economic foundations. It gives timely examples and lively case studies taken from the European and global economic scene. Even for business school students this book will be very usefull in understanding the european ecnomic envoronment. Moreover it's well written, easy to read style.
0 of 1 people found the following review helpful
Not good for selfstudy 10 May 2005
By G., Koray - Published on Amazon.com
Format:Paperback
This book is hard to understand and not good for self study. On the back side of the book it is written that

"...companian web site provides the following resources for both lecturer and student:

* Lecture Plans

* PowerPoint slide shows

* Solutions to end of chapter exercises

* Revision Questions

* Weblinks

* Case studies."

I tried to access the website but i noticed that those resources are not for students although they mentioned so.

I donot recommend that book instead buy one of N. Gregory Mankiw's economics book.

Regards,
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