What you need to know about economics
George Buckley & Sumeet Desai: What You Need To Know About Economics Economics Matters. But with confusing things like GDP and interest rates, it's often hard to get you head around. So What do you really need to know about economics? Find out:What economic growth is and why it mattersHow i...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | eBook |
| Language: | English |
| Published: |
Chichester, West Sussex
Capstone
2011
|
| Subjects: | |
| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
Table of Contents:
- CHAPTER 7 THE PUBLIC FINANCESWHAT ARE THE PUBLIC FINANCES?; BALANCING THE BUDGET; THE ROLE OF GOVERNMENT; THE KEYNESIAN APPROACH; TAXES; DEBT AND BOND MARKETS; SOVEREIGN DEFAULTS; CHAPTER 8 HOUSING; THE MARKET FOR HOUSING; HOW WE MEASURE HOUSE PRICES; WHAT DRIVES THE PRICE OF HOUSES?; AFFORDABILITY; HOUSING AS AN INVESTMENT; THE IMPORTANCE OF HOUSING TO THE WIDER ECONOMY; BUBBLE TROUBLE AND THE SUB-PRIME CRISIS; CONCLUSION; ACKNOWLEDGEMENTS; SOURCES; Index
- Includes bibliographical references and index
- CHAPTER 3 EMPLOYMENTINTRODUCTION; MEASURING JOBS AND JOBLESSNESS; THE JOBS MARKET AND WAGES; TYPES OF UNEMPLOYMENT; OKUN'S LAW; TIME LAGS; PRODUCTIVITY; THE PHILLIPS CURVE AND THE 'NATURAL RATE' OF UNEMPLOYMENT; WHY THE PHILLIPS CURVE STOPPED WORKING; CHANGES IN THE WORKFORCE; CHAPTER 4 TRADE; WHAT IS INTERNATIONAL TRADE?; COMPARATIVE ADVANTAGE; THE BALANCE OF PAYMENTS; CURRENCIES AND TRADE; GOING BACK TO BALANCE; PURCHASING POWER PARITY; THE ASIAN CRISIS; PROTECTIONISM; GLOBAL TRADE DEALS; CHAPTER 5 MONEY; WHY DOES MONEY EXIST?; WHAT IS MONEY TODAY?
- Cover; Series page; Title page; Copyright page; INTRODUCTION; CHAPTER 1 GROWTH; WHAT IS ECONOMIC GROWTH?; THREE MEASURES OF ACTIVITY; HOW IT ALL FITS TOGETHER; FOCUS ON HOUSEHOLD SPENDING AND INVESTMENT BY FIRMS; VOLUMES, VALUES AND THE SEASONS; BUSINESS CYCLES AND TREND GROWTH; MULTIPLIERS; SPARE CAPACITY AND THE 'OUTPUT GAP'; RECESSIONS AND DEPRESSIONS; COMPARING ECONOMIES ACROSS THE WORLD; WHAT TO WATCH; CHAPTER 2 INFLATION; WHAT IS INFLATION?; HOW PRICES ARE DETERMINED; CAUSES OF INFLATION: DEMAND-PULL VERSUS COST-PUSH; THE IMPORTANCE OF INFLATION; EXPECTATIONS; A HISTORY OF INFLATION.
- MONEY DEMAND
- THE MOTIVES FOR HOLDING MONEYMONEY SUPPLY AND CREDIT CREATION; HOW INTEREST RATES ARE DETERMINED; THE QUANTITY THEORY OF MONEY; THE IMPORTANCE OF MONEY IN PRACTICE; THE BORROWERS AND SAVERS OF MONEY; HOUSEHOLD BORROWING AND DEBT; BORROWING BY FIRMS; THE EFFECT OF BORROWING ON THE ECONOMY; THE 2007 CREDIT CRISIS
- IN A NUTSHELL; CHAPTER 6 CENTRAL BANKING; WHAT DO CENTRAL BANKS DO?; HOW CENTRAL BANKING STARTED; INTEREST RATES; THE TRANSMISSION MECHANISM; FORECASTING; INFLATION TARGETING; MONETARY POLICY RULES; QUANTITATIVE EASING; FINANCIAL STABILITY.