Understanding Macroeconomics

ebook

By Philip Mohr

cover image of Understanding Macroeconomics

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A concise but clear introduction to macroeconomics. Situates economics within the local South African context. Aimed at first year students, and lecturers who want more flexibility in their adoption decisions.

  • A companion text, Understanding microeconomics, is also available.Contents include the following:

  • Basic concepts, relationships and issues
  • Measuring the performance of the economy
  • A simple Keynesian model of the economy
  • The government and fiscal policy
  • The foreign sector
  • Money and monetary policy
  • More on macroeconomic theory and policy
  • Inflation
  • Unemployment and the Phillips curve
  • Economic growth and business cycles
  • Understanding Macroeconomics