Beveridge, Thomas M.

A primer on macroeconomicsThomas Beveridge. - first edition. - [New York, N.Y. (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2013. - 1 electronic text (x, 238 pages) : digital file. - Economics and finance collection, .

Part of: 2013 digital library.

Preface -- Acknowledgments -- 1. Scarcity and choice -- 2. Demand and supply -- 3. Measuring the macroeconomy -- 4. The twin evils of macroeconomics -- 5. Aggregate demand and aggregate supply -- 6. The government sector: fiscal policy and short-run stabilization -- 7. The financial sector: money matters and interest rates -- 8. The international sector: trade and finance -- 9. Economic growth and lasting lessons -- Index.

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, whether these choices occur in our everyday life, in our work environment, or at the national or international level. The present text represents a common sense approach to basic macroeconomics. It is directed toward all students, but particularly 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. The text begins by explaining key economic principles and defining important terms used in macroeconomic discussion. It uses a single unifying tool--aggregate demand and aggregate supply analysis--to probe differing perspectives on macroeconomic policies.




Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

9781606494240


Macroeconomics.

comparative advantage opportunity cost demand and supply equilibrium GDP business cycle aggregate price level inflation rate unemployment rate expenditure multiplier fiscal and monetary policies crowding-out effect money multiplier international trade issues stabilization

HB172 / .P756 2013