<p><b>Modern Macroeconomics</b>, by Max Gillman, takes a new and modern approach to macroeconomic theory using microeconomic foundations. Building from the standard neo-classical models, Gillman has developed a new dynamic model which works to explain business cycles and unemployment, why you can have a banking lead recession as well as fiscal and monetary policy. </p><p>Although strong in mathematical rigour all calculations in this text are fully derived and graphs provide a direct representation making it accessible. </p><p>This text is suitable for undergraduate students studying Advanced Macroeconomics courses. </p>