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The new fourth edition of Blanchard's respected Macroecomics text has been substantially revised to account for the impact of the GFC on the Australasian Ecomy and the many issues it raises. Thus, in addition to a first discussion of the crisis in Chapter 1 and numerous boxes and discussions throughout the book, we have brought forward the chapter on the GFC to Chapter 9. Macroecomics is the only intermediate resource with a truly Australasian focus, demonstrating ecomic ideas and issues with hundreds of local and international examples. This comprehensive resource presents an integrated view of macroecomics, drawing on the implications of equilibrium conditions in three sets of markets: the goods market, the financial markets and the labour market.