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In this revised and updated edition of A Concise Guide to Macroeconomics, 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 macroeconomics 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 macroeconomic accounting. You'll learn why countries trade, why exchange rates move, and what makes an economy grow. Moss' detailed examples will arm you with a clear picture of how the economy works and how key variables impact business and will equip you to anticipate and respond to major macroeconomic events, such as a sudden depreciation of the real exchange rate or a steep hike in the federal funds rate.
Listen to this book from start to finish for a complete overview of macroeconomics, 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.
Product details
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Audible Audiobook
Listening Length: 4 hoursĀ andĀ 50 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Audible Studios
Audible.com Release Date: October 2, 2015
Language: English, English
ASIN: B01645TGT0
Amazon Best Sellers Rank:
I was looking for a text that would introduce people to Macroeconomics concepts and ideas without being a Macroeconomic text book. I did a number of web searches and this book kept coming up as recommended. When I got it and flipped through it, I did not see the graphs and other things I expected -- still with a text book mentality.So I started reading and at first the language is academic. Talking about Output, etc. But after reading the first chapter and allowing my self to take it all in, the book's value comes out. Yes its a bit academic and macro economics has some big concepts, but if you give the book the time to read through part 1, then you will understand more.The books principles and ideas are timeless, but David Moss does a nice job of including commentary on the 2007 recession and the economic policies followed.Overall recommended for people who want to know more about how the macro economy works and make better sense out of the economic headlines.
Best book I've read this year. As the title says, it is concise. Clear with thoughtful examples with unbiased descriptions of conflicting theories. Unlike some older texts, the author includes results from behavioral economics. Read page 146, "Uses and Misuses of Macroeconomics" first because it is perhaps the most important page in the book. If you are taking a macro economics course, you can read this book in a few hours and it will make the course material easier to understand. If you are an amateur investor who reads the financial pages, this book is worth your while. Again, start with page 146 where the author's warnings explain why some opinion pieces published in the financial journals are nonsense (or political ax-grinding).
I was looking for a book to fresh up my macroeconomics, and this book turns out to be excellent for my need. I will recommend it for anyone interesting in understanding the big picture of macroeconomics.
Excellent brief summary of key macroeconomic concepts that is clear and easy to understand for those who already have a decent understanding of general economics.
Provides great insight into macro economics. The book covers the key elements and is an excellent reference guide on the subject matter! Definitely renewed my enthusiasm for economics! A must reader!!!
A good and concise book on the subject.
Excellent resource for people in the finance or business world to brush up on concepts they learned years ago in school. Very well written, concise.
Well written and intelligently organized introduction -- cannot imagine it done better. Nice glossary for quick review of terms, too.
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