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- Description<b>Understanding the Ground Rules for the Global Ecomy</b> In this revised and updated edition of <i>A Concise Guide to Macroecomics</i>, David A. Moss draws on his years of teaching at Harvard Business School to explain important macro concepts using clear and engaging language. This guidebook covers the essentials of macroecomics and examines, in a simple and intuitive way, the core ideas of output, money, and expectations. Early chapters leave you with an understanding of everything from fiscal policy and central banking to business cycles and international trade. Later chapters provide a brief monetary history of the United States as well as the basics of macroecomic accounting. You ll learn why countries trade, why exchange rates move, and what makes an ecomy grow. Moss s detailed examples will arm you with a clear picture of how the ecomy works and how key variables impact business and will equip you to anticipate and respond to major macroecomic events, such as a sudden depreciation of the real exchange rate or a steep hike in the federal funds rate. Read this book from start to finish for a complete overview of macroecomics, or use it as a reference when you re confronted with specific challenges, like the need to make sense of monetary policy or to read a balance of payments statement. Either way, you ll come away with a broad understanding of the subject and its key pieces, and you ll be empowered to make smarter business decisions.
- Author Biography<b>David A. Moss</b> is the John G. McLean Professor of Business Administration at Harvard Business School. He is the author of <i>Socializing Security: Progressive-Era Economists and the Origins of American Social Policy</i> and <i>When All Else Fails: Government as the Ultimate Risk Manager</i>, and is the founder of the Tobin Project, a nonprofit research organization.
- Author(s)Paul Whiton Cherington Professor of Business Administration David A Moss
- PublisherHarvard Business Review Press
- Date of Publication21/08/2014
- SubjectEconomics: Textbooks & Study Guides
- Country of PublicationUnited States
- ImprintHarvard Business Review Press
- Content Noteblack & white illustrations, black & white tables, figures
- Weight426 g
- Width156 mm
- Height240 mm
- Spine21 mm
- Edition Statement2nd
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