Macroeconomics For Dummies is the ideal resource for students in macro courses looking for a way to better understand and supplement their classwork. It is also perfect for readers with a general interest in expanding their general economics knowledge into the macroeconomics area. In 2011 and 2012, business was the single major with the greatest number of confirmed graduates. Macroeconomics (or a similarly named class) is a required course for every business or finance student at the college level.

Autorentext

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.

Klappentext

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 daysuch as inflation, unemployment, and economic growthyou'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 crises

Zusammenfassung
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 wholewhich 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 health
Study economic indicators such as unemployment
Understand financial trends on the international market
Score 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!

Inhalt
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