Macroeconomics: Understanding the Global Economy, 3rd Edition is to help students – and indeed anyone – understand contemporary and past economic events that shape the world we live in, and at a sophisticated level. But it does so without focusing on mathematical techniques and models for their own sake. Theory is taken seriously – so much so that the authors go to pains to understand the key aspects of theories in a way that will not put people off before they see how theories are useful to analyse issues. The authors believe that theories are essential to better understand the world, thus the book includes a wealth of historic and current episodes and data to both see how theories can help interpret the world and also to judge their validity. Economies today are very inter-connected; what happens in China matters pretty much everywhere; and what happens in one (even small) country in the euro zone has implications for the whole euro area and beyond, consequently Macroeconomics, 3rd Edition adopts a very international focus.
Principles of Microeconomics 2e (2nd edition) covers the scope and sequence of most introductory microeconomics courses. The text includes many current examples, which are handled in a politically equitable way.
Like its counterpart, Microeconomics in Context, the book is attuned to economic realities--and it has a bargain price.
This book also explains the role of the government in guiding the economy along the path of stable prices, low unemployment, sustainable growth, and planned development through many India-centric examples.
Macroeconomics
This text offers business school students an excellent practical explanation of the short-term linkages in the macroeconomic arena.
And in this task they have succeeded."—Clifford W. Smith, Jr., Journal of Finance "This is a superb book.
This book arose from our conviction that the NNS-DSGE approach to the analysis of aggregate market outcomes is fundamentally flawed.
Quantity theorists such as Fisher argued that changes in M led to changes in the level of income, PT.15 To do this they argued that (1) M' was related to M, and (2) that V and V' were stable. Hobson's arguments, discussed above, ...
This volume in the MIT Press Essential Knowledge series offers an introduction to the basics of macroeconomics accessible to the noneconomist.
This book, produced in two volumes, takes an integrative approach to the study of macroeconomics.