Preheat oven to 350 degrees.
Cook macaroni according to package directions and drain.
In a large skillet, sauté onions and green peppers in olive oil until onions are golden brown. Add mushrooms and sauté 2 minutes more. Remove veggies from skillet and keep warm.
Add beef to skillet and brown; drain grease.
Add pasta sauce, tomato paste, sautéed veggies, dried herbs, salt and pepper to skillet; stir and simmer 5 minutes. Add browned beef and cooked macaroni to sauce mixture. Stir to mix.
Top with pepperoni slices. Sprinkle with mozzarella and Parmesan cheeses. Bake for 30 minutes or until cheeses start to brown and sauce is bubbly at skillet edges.
Remove from oven and sprinkle with basil and parsley. Enjoy!