Macroeconomics For Dummies
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Macroeconomics For Dummies

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The fast and easy way to make macroeconomics manageable Macroeconomics is kind of a big deal. Without it, we wouldn't have the ability to study the economy as a whole which is something that affects almost every aspect of your life, whether you realize it or not. From your employment status to how much you earn and pay in taxes, macroeconomics really matters. Breaking down this complicated and fascinating topic into manageable pieces, Macroeconomics For Dummies gives you fast and easy access to a subject that has a tendency to stump the masses. With the help of this plain-English guide, you'll quickly find out how to gather data about economies to inform hypotheses on everything from the impact of cutting government spending to the underlying causes of recessions and high inflation. Analyze business cycles for overall economic healthStudy economic indicators such as unemploymentUnderstand financial trends on the international marketScore higher in your macroeconomics class Filled with step-by-step instruction and enlightening real-world examples, this is the only book you need to slay the beast and make macroeconomics your minion!show more

Product details

  • Paperback | 408 pages
  • 188 x 236 x 23mm | 544g
  • John Wiley & Sons Inc
  • New York, United States
  • English
  • USA Edition
  • 1119184428
  • 9781119184423
  • 477,674

About Dan Richards

Daniel Richards, PhD, is a professor of economics at Tufts University. He received his PhD from Yale University. Manzur Rashid, PhD, has taught economics at University College London and Cambridge University. Peter Antonioni is a senior teaching fellow at University College London.show more

Back cover copy

Analyze long-run economic growth, deficits, and inflation Examine business cycles and monetary and fiscal policies Explore indicators such as unemployment Make sense of macroeconomics Macroeconomics helps us understand important things about our economy and, more importantly, how to improve it. Whether you're enrolled in a class or simply want to grasp key concepts you come across every day--such as inflation, unemployment, and economic growth--you've come to the right place. Inside... Look at key concepts Measure what matters Understand interest rates Determine prices Analyze economic shocks Examine macro policy Spot financial weaknesses Consider financial crisesshow more

Table of contents

Introduction 1 Part 1: Getting Started with Macroeconomics 5 CHAPTER 1: Discovering Why Macroeconomics Is a Big Deal 7 CHAPTER 2: Looking at Key Questions and Concepts 27 CHAPTER 3: The Short Run and the Long Run 43 Part 2: Measuring the Things That Matter 59 CHAPTER 4: Adding Up Gross Domestic Product 61 CHAPTER 5: Facing the Fact of Increasing Prices: Inflation 81 CHAPTER 6: Thinking About Interest Rates 103 CHAPTER 7: Unemployment: Wasting Talent and Productivity 125 Part 3: The Long-Run Macro Economy 145 CHAPTER 8: GDP Growth in the Long Run 147 CHAPTER 9: Long-Run Prices and Interest Rates 163 Part 4: Modeling the Short-Run Macro Economy 181 CHAPTER 10: Working Out a Country s Economic Demand 183 CHAPTER 11: Determining How Much Stuff an Economy Produces 201 CHAPTER 12: Using the AD AS Model to Analyze Economic Shocks 217 Part 5: Examining Macroeconomic Policy 239 CHAPTER 13: Macroeconomic Policies for the Long Run 241 CHAPTER 14: Monetary Policy and the Short-Run Economy 257 CHAPTER 15: Fiscal Policy: Balancing the Books Perhaps 275 CHAPTER 16: Unemployment and Inflation: The Phillips Curve 295 Part 6: Understanding the Financial Crisis 315 CHAPTER 17: Strengths and Weaknesses of the Financial System 317 CHAPTER 18: Learning from the 2007 08 Financial Crisis 335 Part 7: The Part of Tens 355 CHAPTER 19: Getting to Know Ten Great Macroeconomists 357 CHAPTER 20: Ten Top Tips to Take Away 367 Index 375show more

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