A better understanding of how the economy works in general is crucial for established businesses, start-ups and students of economics. This guide, jam-packed with up-to-date information, examines macroeconomics in great detail. Definitions and formulas are featured, and full-color tables and charts make the subject come alive!
Macroeconomics topics include:
•Supply & Demand
•Economic Aggregates
•Nominal GDP vs. Real GDP
•Business Cycles
•Macro Theories
•Aggregate Spending Keynesian Approach
•Keynesian Equilibrium
•Effect of Taxes on Income
•Leakages/Injections Approach
•Differential Effect of Increasing T & G
•Endogenous Imports
•Paradox of Thrift
•GDP Gap & The Multiplier
•Fiscal Policy
•And more!
