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Bibliographic Record Display

• Title:A concise guide to macroeconomics : what managers, executives, and students need to know / David A. Moss.
  
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• Author/Creator:Moss, David A., 1964-
  
• Published/Created:Boston, Masschusetts : Harvard Business Review Press, [2014]
  

• Holdings

  Holdings Record Display

  • Location:DAVID LAM LIBRARY stacksWhere is this?
    
  • Call Number: HB172.5 .M68 2014
    
  • Number of Items:1
    
  • Status:Available
    
  • Links:Donor bookplate
    

   
• Library of Congress Subjects:Macroeconomics.
  Economic policy.
  Economic development.
  Monetary policy--United States.
  
• Medical Subjects: Economics
  
• Edition:Second edition.
  
• Description:x, 211 pages : illustrations ; 25 cm
  
• Summary:"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's 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. Read 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."-- Provided by publisher.
  
• Notes:Includes bibliographical references and index.
  
• ISBN:9781625271969 (hardback : alkaline paper)
  1625271964 (hardback : alkaline paper)
  9781625271976 (e-book)
  
• Contents:Machine generated contents note: pt. I Understanding the Macro Economy
  1. Output
  Measuring National Output
  Exchange of Output across Countries
  What Makes Output Go Up and Down?
  Isn't Wealth More Important Than Output?
  2. Money
  Money and Its Effect on Interest Rates, Exchange Rates, and Inflation
  Nominal versus Real
  Money and Banking
  Art and Science of Central Banking
  3. Expectations
  Expectations and Inflation
  Expectations and Output
  Expectations and Other Macro Variables
  pt. II Selected Topics
  Background and Mechanics
  4. Short History of Money and Monetary Policy in the United States
  Defining the Unit of Account and the Price of Money
  Gold Standard: A Self-Regulating Mechanism?
  Creation of the Federal Reserve
  Finding the Right Monetary Rule under a Floating Exchange Rate
  Transformation of American Monetary Policy
  5. Fundamentals of GDP Accounting
  Three Measurement Approaches
  Nuts and Bolts of the Expenditure Method
  Depreciation
  GDP versus GNP
  Historical and Crass-Country Comparisons
  Investment, Savings, and Foreign Borrowing
  6. Reading a Balance of Payments Statement
  Typical Balance of Payments Statement
  Understanding Credits and Debits
  Power and Pitfalls of BOP Accounting
  7. Understanding Exchange Rates
  Current Account Balance
  Inflation and Purchasing Power Parity
  Interest Rates
  Making Sense of Exchange Rates
  Conclusion
  Output
  Money
  Expectations
  Uses and Misuses of Macroeconomics.