Concise Guide To Macroeconomics
Summary/Content:. Acknowledgments. Introduction. pt. 1.Understanding the macro economy. 1.Output.
Measuring national output. Exchange of output across countries. What makes output go up and down?. Isn't wealth more important than output?.
2.Money. Money and its effect on interest rates, exchange rates, and inflation. Nominal versus real. Money and banking. Theart and science of central banking. 3.Expectations.
Owners manual for 2018 chevy silverado. Expectations and inflation. Expectations and output. Expectations and other macro variables. pt.
2.Selected topics - background and mechanics. 4.
Ashort history of money and monetary policy in the United States. Defining the unit of account and the price of money. Thegold standard: a self-regulating mechanism?. Thecreation of the Federal Reserve. Finding the right monetary rule under a floating exchange rate. Thetransformation of American monetary policy.
A Concise Guide To Macroeconomics Torrent
5.
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.