Macroeconomics, Felipe B. Larrain
Macroeconomics, Felipe B. Larrain
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Macroeconomics

Author: Felipe B. Larrain

Narrator: Gary Tiedemann

Unabridged: 6 hr 4 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 03/17/2020


Synopsis

Macroeconomics takes a broad perspective on the economy of a country or region; it studies economic changes in the aggregate, collecting data on production, unemployment, inflation, consumption, investment, trade, and other aspects of national and international economic life. Policymakers depend on macroeconomists' knowledge when making decisions about such issues as taxes and the public budget, monetary and exchange rate policies, and trade policies—all of which, in turn, affect decisions made by individuals and businesses. This volume in the MIT Press Essential Knowledge series offers an introduction to the basics of macroeconomics accessible to the noneconomist.

The author, an academic economist and two-time Chilean Finance Minister, devotes a substantial part of his analysis to economic development, explaining why some countries achieve continuing economic growth while others become stagnant. He discusses the links between economic activity and employment; employment and unemployment rates; factors behind economic growth; money, inflation, and exchange rate systems; fiscal deficits; balance of payment crises; consumption and savings; investment decisions; fiscal policy; and the process of globalization and its macroeconomic implications.

Reviews

Goodreads review by Devon

Surprisingly clear; relatively helpful. The only way I can imagine any major economics textbook actually being of use is if the professor holds to the textbook incredibly tightly; mine did not, which is totally fair. Minus the whole thing about this being a brand new edition that we *must* have.......more

Goodreads review by Aron

Jones writes very clearly and manages to make all the topics interesting. The chapter on Romer's model of idea-based growth was really beautiful.......more

Goodreads review by Wilbro

One of the more interesting textbooks I've had to read.......more