It doesn't delve into editorializing and steers clear of employment theory, theories on economic growth and other issues.
Avoiding simplistic solutions, A Concise Guide to Macroeconomics instead presents the basic principles and relationships at the core of such questions.
From the Back Cover, kNOW THE ground rules for the global economy.
Fiscal and monetary policy help set the ground rules for the global economy, and the guide illuminates, through current and historical examples, how and why the rules keep changing.Now more than ever before, executives and managers need to understand their larger economic context.It demonstrates how macroeconomics instead presents the basic principles and relationships at the core of such questions.Money- How the money supply and various "prices" of money-the interest rate, the exchange rate, and the price level (and thus inflation)-affect the overall economic environment.It basically just explains what each concept means, without addressing, The title for this book is very appropriate.This book is destined to become a staple in MBA courses-as well as the go-to resource for executives and managers at all levels seeking to brush up on their knowledge of macroeconomic dynamics.Detailed examples are also drawn from history to illuminate important concepts.For example, it explains what a trade deficit is and how it happens, yet it doesn't talk about the US trade deficit or offer opinions on how to fix said deficit.
It demonstrates at the core of such questions.
It works as a reference guide and a refresher for anyone interested in a basic understanding of how to converse on 'the Economy'.more.
The heart of the guide is a logical presentation of macroeconomic building blocks: output-How the Value of goods and services that a nation produces (GDP) is measured, and why this output ultimately determines its standard of living.
Professor Moss also explores some of the controversial question that animates current economic policy debate: Is the American current-account deficit threat to the economy?It demonstrates how macroeconomic phenomena affect the relative risks and rewards of decisions made by the executives and managers everyday.Macroeconomics in particular are of interest and this book clearly and succinctly explains the basic principles behind macroeconomic theory.In a simple and intuitive way, he breaks down the ideas into "output "money and "expectations." In addition, Moss introduces powerful tools for interpreting the big-picture economic developments that shape events in the contemporary business arena.The title for this book is very appropriate.In this environment, a practical understanding of macroeconomic concepts has become an essential management tool.From the Inside Flap, now more than ever before, executives and managers need to understand their larger economic context.It basically just explains what each concept means, without addressing, say, flv media player 1 8 the issues facing the.For thoughtful professional in business, government, and the nonprofit sector, such macroeconomic questions anything but academic.See all Product description.