A Concise Guide to Macroeconomics

A Concise Guide to Macroeconomics

andreyma Books Reviews

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

by DAVID A. MOSS

Description

This revised edition walks through the readers the author’s years of experience as an educator at the Harvard Business School. Here, the author explains the most pertinent concepts in macroeconomics. Delivered in a language easily be understood by laymen, the updated, “A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know,” effectively discusses key concepts on money and expectations.

Fiscal policy, business cycles, central banking, and international trade are the focus of the book’s earlier chapters. The aim of these preliminary pages is to deepen a trader’s knowledge and understanding of these concepts. The latter parts of the book go into a history of the United States’ economy and financial industry. These pages also go into the fundamentals of macroeconomic accounting. Through the literature, one would be able to learn the reasons why countries trade, exchange rates move, and the impetus for the growth of economies.

Readers agree that this book is purposeful and is able to make good sense of policies created for money. The book is able to imbue a deep understanding of macroeconomics and the facets that constitute it.

About the Author

David A. Moss is an author various titles such as “Democracy,” “A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know,” “When All Else Fails: Government as the Ultimate Risk Manager,” and “Socializing Security: Progressive-Era Economists and the Origins of American Social Policy.”

Table of Contents

Acknowledgments

Introduction

PART I UNDERSTANDING THE MACRO ECONOMY

  1. Output
  2. Money
  3. Expectations

PART II SELECTED TOPICS—BACKGROUND AND MECHANICS

  1. A Short History of Money and Monetary Policy in the United States
  2. The Fundamentals of GDP Accounting
  3. Reading a Balance of Payments Statement
  4. Understanding Exchange Rates

Conclusion

Epilogue

Glossary

Notes

Index

About the Author