Ebook Essentials of economics (7th edition): Part 2
➤ Gửi thông báo lỗi ⚠️ Báo cáo tài liệu vi phạmNội dung chi tiết: Ebook Essentials of economics (7th edition): Part 2
Ebook Essentials of economics (7th edition): Part 2
Macroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploym Ebook Essentials of economics (7th edition): Part 2mentMacroeconomic policy200231260292327Aggregate demand and the national economyWe turn now to macroeconomics. This will be the subject for this third part of the book and most of the final part. In particular, we will be examining five key topics. The first is national output. What determines the s Ebook Essentials of economics (7th edition): Part 2ize of national output? What causes it to grow? Why do growth rates fluctuate? Why do economies sometimes surge ahead and at other times languish in rEbook Essentials of economics (7th edition): Part 2
ecession?The second is employment and unemployment. What causes unemployment? If people who are unemployed want jobs, and if consumers want more goodsMacroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploym Ebook Essentials of economics (7th edition): Part 2al level of prices always seems to rise, and only rarely fall? Why is inflation a problem? But why, if prices do fall, might that be a bad thing too? Why do countries' central banks, such as the Bank of England, set targets for the rate of inflation? And why is that target positive (e.g. 2 per cent) Ebook Essentials of economics (7th edition): Part 2 rather than zero?The fourth issue is the financial system. We look at the role that financial institutions play in modern economies. In doing so, weEbook Essentials of economics (7th edition): Part 2
analyse the financial crisis of the late 2000s, the initial responses of policy makers to limit the adverse impact on economies and the subsequent resMacroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploym Ebook Essentials of economics (7th edition): Part 2ic relationships with other countries. We look at international trade and investment and at the flows of foreign currencies around the world.In this chapter, after a preliminary look at the range of macroeconomic issues, we then focus on the first of these issues: national output. In doing this we i Ebook Essentials of economics (7th edition): Part 2dentify the key purchasers of goods and services in the economy and the ways in which these purchasers are connected. We analyse the potential determiEbook Essentials of economics (7th edition): Part 2
nants of their spending and so the factors that can influence the aggregate level of expenditure in the economy.After studying this chapter, you shoulMacroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploym Ebook Essentials of economics (7th edition): Part 2demands determine the total level of spending on a country's goodsand services?•What are the various flows of Incomes around the economy? What causes these flows to expand or contract?•How do we measure national output?•What factors influence the level of spending by firms, households and government Ebook Essentials of economics (7th edition): Part 2?•What determines the level of national output at any one time?•What is the effect on national income of an increase in spending?https://khothuvien.coEbook Essentials of economics (7th edition): Part 2
ri!8.1 INTRODUCE.. .V8.1 ^INTRODUCTION TO MACROECONOMICSWhat issues does macroeconomics tackle?The first half of the book was concerned with microeconMacroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploym Ebook Essentials of economics (7th edition): Part 2es addressed by macroeconomists, by contrast, relate in one way or another to the total level of spending in the economy (aggregate demand) or the total level of output (aggregate supply). Many of these issues are ones on which elections are won or lost. Is the economy growing and. if so, how rapidl Ebook Essentials of economics (7th edition): Part 2y? How can we avoid, or get out of, recessions? What causes unemployment and how can the rate be got down? Why is inflation a problem and what can beEbook Essentials of economics (7th edition): Part 2
done to keep it a modest levels? What will happen to interest rates and if they were to change what would be their economic impact? How big a problem Macroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploym Ebook Essentials of economics (7th edition): Part 2pler - but less interesting! As it Is, macroeconomics Is often characterised by lively debate. Economists can take different views on the Importance of macroeconomic issues, their causes and the appropriate policy responses. They can also disagree about how to analyse macroeconomic phenomena and, th Ebook Essentials of economics (7th edition): Part 2erefore, the actual approach to take in modelling macroec onomic relationships.We shall be looking at these different views throughout this third partEbook Essentials of economics (7th edition): Part 2
of the book. This Is not to suggest that economists always disagree and we will also identify some general points of agreement, at least among the maMacroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploymMacroeconomics8910 ■■■1112Aggregate demand and the national economyAggregate supply and growthBanking, money and interest ratesInflation and unemploymGọi ngay
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