A primer on macroeconomics. Volume I, Elements and principles /
Elements and principles
Thomas M. Beveridge.
- Second edition.
- 1 online resource (x, 114 pages)
- Economics and public policy collection, 2163-7628 .
- Economics and public policy collection. .
Includes index.
1. Scarcity and choice -- 2. Demand and supply -- 3. Measuring the macroeconomy -- 4. The twin evils of macroeconomics -- Index.
Access restricted to authorized users and institutions.
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 that allows us to achieve a more informed understanding of how we make our choices, regardless of whether these choices occur in our everyday life, in our work environment, or at the national or international level. The present two-volume text represents a commonsense approach to basic macroeconomic principles. It is directed toward all students, but particularly toward those within business school settings, including students beginning an advanced business degree course of study. It will deliver clear statements of essential economic principles, supported by easy-to-understand examples, and uncluttered by extraneous material, the goal being to provide a concise readable primer that covers the substance of macroeconomic theory. This volume explains the key economic principles, important terms, and essential models used in macroeconomic discussion.
Mode of access: World Wide Web. System requirements: Adobe Acrobat reader.
9781631577246
Macroeconomics.
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