Practical Macroeconomics for Non-Economists provides the tools, the theory, and the empirical understanding of macroeconomics without the heavy lifting of the mathematical and econometric models. This accessible book introduces the building blocks of macroeconomic thinking and challenges the reader to apply these insights.
Practical Macroeconomics for Non-Economists provides the tools, the theory, and the empirical understanding of macroeconomics without the heavy lifting of the mathematical and econometric models. This accessible book introduces the building blocks of macroeconomic thinking and challenges the reader to apply these insights.
Michael P. Niemira is the chief economist of The Retail Economist, LLC. He is the former chief economist and director of research for the International Council of Shopping Centers and has held economist positions for the Bank of Tokyo-Mitsubishi (now MUFG), PaineWebber (now UBS), Chemical Bank (now JPMorgan Chase), and Merrill Lynch. Niemira also has been an adjunct assistant professor of economics at New York University's Stern School of Business and Graduate School of Arts and Sciences, as well as taught at the New York Institute of Finance. Currently, he is an adjunct instructor for the Maricopa Community Colleges, Arizona, USA.
Inhaltsangabe
PART 1: Macroeconomic Thinking and Tools 1. Macroeconomic Basics 2. The Importance of Circular Flow in the Economy 3. Key Macroeconomic Statistics-Jobs and Unemployment 4. Key Macroeconomic Statistics-Inflation 5. Key Macroeconomic Statistics-Output and Productivity 6. Understanding Business Cycles and Trends 7. A Macroeconomic Toolbox for Descriptive Analysis 8. The Aggregate Demand (AD) and Aggregate Supply (AS) Model 9. Money and Banking 10. Monetary Policy-Goals, Theories, Rules, Discretion, and Implementation 11. Government Spending, Taxation, and Fiscal Policy 12. Policy Implications of Macroeconomic Theories PART 2: Macroeconomic Issues 13. The Disappearing Worker 14. Implications of an Evolving Economy 15. The Great Moderation Followed by the Great Volatility 16. The Global Debt Explosion and Worries 17. Setting Tax Rates 18. Measuring Macroeconomic Uncertainty PART 3: Macroeconomics Reshaped 19. The Future of Macroeconomics Epilogue: Developing and Interpreting Macroeconomic Policy Choices
PART 1: Macroeconomic Thinking and Tools 1. Macroeconomic Basics 2. The Importance of Circular Flow in the Economy 3. Key Macroeconomic Statistics-Jobs and Unemployment 4. Key Macroeconomic Statistics-Inflation 5. Key Macroeconomic Statistics-Output and Productivity 6. Understanding Business Cycles and Trends 7. A Macroeconomic Toolbox for Descriptive Analysis 8. The Aggregate Demand (AD) and Aggregate Supply (AS) Model 9. Money and Banking 10. Monetary Policy-Goals, Theories, Rules, Discretion, and Implementation 11. Government Spending, Taxation, and Fiscal Policy 12. Policy Implications of Macroeconomic Theories PART 2: Macroeconomic Issues 13. The Disappearing Worker 14. Implications of an Evolving Economy 15. The Great Moderation Followed by the Great Volatility 16. The Global Debt Explosion and Worries 17. Setting Tax Rates 18. Measuring Macroeconomic Uncertainty PART 3: Macroeconomics Reshaped 19. The Future of Macroeconomics Epilogue: Developing and Interpreting Macroeconomic Policy Choices
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