The book by the head of the US Federal Reserve System B. Bernanke and professor at the University of Pennsylvania E. Abel examines: - the subject and problems of macroeconomics; - economic problems of the long term; - cyclical development of the economy in the short term; - problems of implementing state stabilization policy. Among the problems cited in the book: the slowdown in economic growth after 1973, growth associated with the information revolution, the level and rate of inflation in countries with transition economies, changes in the exchange rate between the euro and the dollar, etc. In addition, the book provides an opportunity for an in-depth study of neoclassical and Keynesian theories and a number of modern macroeconomic problems.

The publication is intended for students of MBA programs, undergraduates, graduate students, university teachers, and anyone interested in macroeconomic problems.