This textbook matches university training programs in the specialty “Macroeconomics,” taking into account the newest third-generation educational standards. It systematically presents macroeconomic issues and modern methods for analyzing them. In the fifth edition, the materials on current problems of macroeconomics in Russia have been updated, including improving production efficiency, social questions and the economic mechanisms for solving them, as well as joining the WTO. A new section has been added on the contribution of 21st-century Nobel laureates to macroeconomic science. The book is intended for bachelor students in “Economics” and “Management,” and will also be useful for practitioners and anyone interested in macroeconomic topics. Recommended by the Educational-Methodical Association as a textbook for students of specialty 060800 “Economics and Management at an Enterprise (by industries).”