List of Figures and Appendices Notes on Contributors Foreword C.E.Walsh Macroeconomic Theory and Macroeconomic Pedagogy: An Introduction G.Fontana& M.Setterfield PART I: THE 3-EQUATION NEW CONSENSUS MACROECONOMICS MODEL Teaching Intermediate Macroeconomics Using the 3-Equation Model W.Carlin& D.Soskice Bringing Undergraduate Macroeconomics Teaching Up to Date S.Wren-Lewis Monetary Policy Analysis: An Undergraduate Toolkit J.S.Chadha Rescuing the LM Curve (and the Money Market) in a Modern Macro Course R.Tamborini The New Consensus in Macroeconomics: A Critical Appraisal P.Arestis Complexity and Macro Pedagogy: The Complexity Vision as a Bridge between Graduate and Undergraduate Macro D.Colander& C.Rothschild PART II: AN ENDOGENOUS-MONEY THEORY AMENDMENT OF THE NEW CONSENSUS MACROECONOMICS MODEL Teaching Macroeconomics When the Endogeneity of Money is Taken Seriously M.Sawyer A Simple (and Teachable) Macroeconomic Model with Endogenous Money G.Fontana& M.Setterfield Money and Banking in a Realistic Macro-Model P.Howells PART III: FINANCIAL FRAGILITY, LIQUIDITY PREFERENCE, UNEMPLOYMENT HYSTERESIS AND OTHER AMENDMENTS Taming the New Consensus: Hysteresis and Some Other Post-Keynesian Amendments M.Lavoie Minsky Meet Wicksell: Using the Wicksellian Model to Understand the Twenty-First Century Business Cycle C.L.Weise& R.J.Barbera Macroeconomics Meets Hyman P. Minsky: The Financial Theory of Investment L.Randall Wray& E.Tymoigne PART IV: THE REAL INTEREST RATE, INCOME DISTRIBUTION, AND ALTERNATIVE VIEWS OF STABILIZATION POLICIES Teaching the New Consensus Model of 'Modern Monetary Economics' from a Critical Perspective: Pedagogical Issues J.Smithin A Post Keynesian Alternative to the New Consensus Model E.Hein& E.Stockhammer The Central Banker as Regulator of Conflict: A 'Reversed' Reading of the Solow and New Consensus Model E.Brancaccio Institutions, Expectations and Aggregate Demand J.Ferreiro& F.Serrano