The book by Paul Krugman and Robin Wells stands out from the corresponding Economic textbooks that have been written or translated into the Greek language. Its uniqueness is mainly due to its innovative structure, which is modular, dividing the subject matter of Macroeconomics into small teaching units that can be studied independently. This results in simplifying and facilitating the understanding of complex concepts for readers and facilitating the selection, presentation, and analysis of the subject matter for instructors.
Each individual field and concept is presented through the development of specific examples and references to contemporary elements, making their understanding a direct and enjoyable process, while avoiding the use of complex mathematical tools. The questions and exercises that complete each teaching unit help in the self-assessment of the reader and contribute to the critical understanding of the subject matter.
The entire thematic area covered is particularly extensive, making the manual a complete teaching tool for the study of both general principles and specialized fields of modern Macroeconomics. Louka T. Katseli - with two additional chapters - complements the material with more detailed information on the European economy and crisis management, as well as additional elements for studying and understanding the macroeconomics of an open economy.
All this, combined with the extensive use of functional diagrams, aesthetically flawless presentation, and the use of simple but at the same time comprehensive language, creates a scientific text that combines the deep knowledge of theory that the authors have with the best possible presentation of it. We are confident that Macroeconomics in teaching units can become a primary advisor for anyone who wants to start and deepen their study of Macroeconomics.