A Primer on Macroeconomics, Second Edition, Volume I PDF Download

Author: Thomas M. Beveridge
Publisher: Business Expert Press
ISBN: 1631577247
Category : Business & Economics
Languages : en
Pages : 128

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Book Description
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. 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. The text looks at 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.

Author: Thomas M. Beveridge
Publisher: Business Expert Press
ISBN: 1631577263
Category : Business & Economics
Languages : en
Pages : 176

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Book Description
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. Volume two, Policies and Perspectives, delivers clear statements of essential economic principles, supported by real-world examples and uncluttered by extraneous material; the goal is to provide a concise readable primer that covers the substance of macroeconomic theory and policy. The text uses a single unifying tool—aggregate demand and aggregate supply analysis—to probe differing perspectives on macroeconomic policies. The text looks at fiscal policy and short-run stabilization; the financial sector and monetary policy; the international sector; and the sources of economic growth.

Author: Patrick Minford
Publisher: Edward Elgar Publishing
ISBN: 1788970985
Category : Macroeconomics
Languages : en
Pages : 578

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Book Description
This is a newly revised second edition of a key macroeconomic textbook. After explaining the historical development of the subject, they show how rational expectations are handled in macro models. The importance of structural micro-founded models is explained, with key examples of such structural models examined in detail and with extensions to the open economy; policy implications are highlighted throughout. Methods for testing these models against macro data behaviour are explained, detailing the latest evidence on these models' success.

Author: L. Randall Wray
Publisher: Springer
ISBN: 1137539925
Category : Business & Economics
Languages : en
Pages : 322

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Book Description
This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.

Author: Thomas M. Beveridge
Publisher:
ISBN: 9781631577239
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 0

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Book Description
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. 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. The text looks at 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.

Author: Thomas M. Beveridge
Publisher: Business Expert Press
ISBN: 1606494244
Category : Business & Economics
Languages : en
Pages : 248

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Book Description
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. This book represents a common sense approach to basic macroeconomics, and 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. If you’re a student, and perhaps a student in business school settings, this book 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.

Author: David Moss
Publisher: Harvard Business Review Press
ISBN: 1625271972
Category : Business & Economics
Languages : en
Pages : 224

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Book Description
Understanding the Ground Rules for the Global Economy In this revised and updated edition of A Concise Guide to Macroeconomics, David A. Moss draws on his years of teaching at Harvard Business School to explain important macro concepts using clear and engaging language. This guidebook covers the essentials of macroeconomics and examines, in a simple and intuitive way, the core ideas of output, money, and expectations. Early chapters leave you with an understanding of everything from fiscal policy and central banking to business cycles and international trade. Later chapters provide a brief monetary history of the United States as well as the basics of macroeconomic accounting. You’ll learn why countries trade, why exchange rates move, and what makes an economy grow. Moss’s detailed examples will arm you with a clear picture of how the economy works and how key variables impact business and will equip you to anticipate and respond to major macroeconomic events, such as a sudden depreciation of the real exchange rate or a steep hike in the federal funds rate. Read this book from start to finish for a complete overview of macroeconomics, or use it as a reference when you’re confronted with specific challenges, like the need to make sense of monetary policy or to read a balance of payments statement. Either way, you’ll come away with a broad understanding of the subject and its key pieces, and you’ll be empowered to make smarter business decisions.

Author: Daniel Bright M.D.
Publisher: Outskirts Press
ISBN: 1977234445
Category : Business & Economics
Languages : en
Pages : 589

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Book Description
“Spending is not the depletion of wealth, it is the transfer of ownership of money. And that transfer of ownership of money activates the economic activity that creates and maintains wealth.”……….. The classic work on Macroeconomics by John Maynard Keynes called “The General Theory of Employment, Interest and Money” is notoriously difficult to read. It was my initial goal to attempt to read and fully understand Keynes’ work and then to produce a study guide of sorts, in order to make his concepts more accessible. This attempt turned into a major project that took years to accomplish. I believe the result of that effort, this book, captures the essence of the most important concepts Keynes discovered. However, in the process I discovered that, in order to properly understand those concepts, new definitions for currently used terms and new ways of organizing macroeconomic models are necessary. One might think that attempts to do so would just make everything more complicated and difficult to understand, but the opposite is true. The way of organizing and explaining the concepts shown in this book leads to the development of a comprehensive and fully consistent model of macroeconomics, a model that is actually easier to understand. I hope you will agree.

Author: Thomas M. Beveridge
Publisher: Business Expert Press
ISBN: 163157728X
Category : Business & Economics
Languages : en
Pages : 152

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Book Description
This two-volume text represents a common sense approach to basic microeconomics. 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 scientific study 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 or in our work environment. 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 fundamentals of microeconomic theory. The text looks at opportunity cost; the rationale for trade; the efficient operation of competitive markets; and develops and expands the economist’s basic demand and supply model.

Author: David G. Tuerck
Publisher: Business Expert Press
ISBN: 1947098772
Category : Business & Economics
Languages : en
Pages : 167

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Book Description
This book, produced in two volumes, takes an integrative approach to the study of macroeconomics. In that respect, the book brings the different strands of macroeconomics together into a single approach under which economic agents strive to make rational choices but, while doing so, sometimes misconstrue the data available to them. The result is imbalances between aggregate supply and aggregate demand that can cause economic contractions. These imbalances may be self-correcting, or they may become long-lived and require government intervention through the exercise of corrective monetary and fiscal policy. Volume I examines economic behavior on the assumption that economic agents correctly interpret the data before them. It thus takes a “micro foundations” approach, under which aggregate supply equals aggregate demand. Volume II allows for the possibility of myopia on the part of economic agents and for the resulting economic malperformance that can result from this myopia. It examines the short-run disparities between aggregate supply and aggregate demand that can result from ill-informed choices of individual economic agents or from a misdiagnosis of economic data by policy makers. It concludes with a review of recent U.S. economic policy. The book aims to correct a good number of misconceptions that bedevil economic policymaking—among them the idea that protracted economic contractions necessarily call for increased government spending and lower taxes. It challenges the common understanding that government deficits raise interest rates and “crowd out” private investment.