This textbook offers a clear portrayal of economic relationships based on theoretical principles and empirical findings. It discusses recommendations for economic policy derived from a basic understanding of economics. For the first time, the 3rd edition includes a discussion of the ECB's changed monetary policy in the wake of the financial and sovereign debt crisis and the concept of the debt brake.

Autorentext

Prof. Dr. Joachim Weeber (Deutsche Bundesbank; NORDAKADEMIE -Hochschule der Wirtschaft, Elmshorn)