A Concise Guide to Macroeconomics, Second Edition: What Managers, Executives, and Students Need to Know

Amazon.com Price: $31.37 (as of 11/10/2019 11:30 PST- Details)

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Description

Understanding the Ground Rules for the Global Economy

In this revised and up to date edition of A Concise Guide to Macroeconomics, David A. Moss draws on his years of teaching at Harvard Business School to provide an explanation for important macro concepts the usage of 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 the whole lot from fiscal policy and central banking to business cycles and international trade. Later chapters provide a brief monetary history of the USA in addition to 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 affect 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 an entire overview of macroeconomics, or use it as a reference when you’re confronted with specific challenges, like the wish to make sense of monetary policy or to read a balance of payments remark. 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.

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