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.
I bought this book for my Macroeconomics course for my MBA. The book is really good since it covers all aspects related with GDP, business cycles, monetary and fiscal policies, inflation and unemployment, and so on. It's an easy reading, with recent information and data not only from US but also from other countries. Must read for those who are interested in business.
Product Details :
- Hardcover: 622 pages
- Publisher: Wiley; 3 edition (May 21, 2012)
- Language: English
- ISBN-10: 1119995728
- ISBN-13: 978-1119995722
- Product Dimensions: 1.1 x 7.5 x 9.6 inches
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