The goal of this book is to help the reader understand how the global economy works and the way economists think. Completely up to date and full of international data, the second edition covers current events as well as many striking historical examples. The information will enable the reader to think more clearly about the economy and evaluate the arguments of economists.
Book Details:
- Author: David Miles
- ISBN: 9780470479421
- Year Published: 2005
- Pages: 624
- BISAC: BUS039000, BUSINESS & ECONOMICS/Macroeconomics
About the Book and Topic:
The goal of this book is to help the reader understand how the global economy works and the way economists think. Completely up to date and full of international data, the second edition covers current events as well as many striking historical examples. The information will enable the reader to think more clearly about the economy and evaluate the arguments of economists.
Discusses geographical and historical events in a global perspective. Contains more references for the purpose of advanced research. Examines the effects of consumption, investment, monetary policy, stabilisation policy, equity markets, and bond markets on business cycles. Looks at real exchange rates, nominal exchange rates and global capital markets, currency crises, exchange rate regimes and single currencies. Describes fiscal policy and the role the government plays in the economy.