Primer on Macroeconomics (eBook)

Elements and Principles

Thomas M. Beveridge (Autor)

eBook Download: EPUB

2018 | 2. Auflage
128 Seiten
Business Expert Press (Verlag)
978-1-63157-724-6 (ISBN)

Infos

This two-volume text represents a common sense approach to basic macroeconomics. Economics, far from being the dismal science, offers us valuable lessons that can be applied to our everyday experiences.At its heart, economics is the science of choice and a study of economic principles allows us to achieve a more informed understanding of how we make our choices; whether these choices occur in our everyday life, our work environment, or at the national or international level.This two-volume text represents a common sense approach to basic macroeconomics. Volume one, Elements and Principles, delivers clear statements of essential economic principles, supported by easy to understand examples, and uncluttered by extraneous material; the goal is to provide a concise readable primer that covers the substance of macroeconomic theory.This book covers opportunity cost;the rationale for trade and exchange rates; the economist's basic demand and supply model; the efficient operation of competitive markets; important tools used to measure the macroeconomy; and the causes and effects of inflation and unemployment.

Produkt-Details

• Erscheint lt. Verlag: 26.9.2018
• Verlagsort: New York
• Sprache: englisch
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
• Schlagworte: aggregate price level • Business Cycle • Comparative Advantage • crowding out effect • Demand and Supply • deposit multiplier • Economic Growth • Equilibrium • expenditure multiplier • fiscal and monetary policies • GDP • Inflation Rate • International Trade Issues • opportunity cost • Recession • Stabilization • Unemployment rate
• ISBN-10: 1-63157-724-7 / 1631577247
• ISBN-13: 978-1-63157-724-6 / 9781631577246