Macroeconomics Basics

by IntroBooks

Macroeconomic forces affect all of us in our daily lives. Inflation rates influence the prices we pay for goods and services and, in turn, the value of our incomes and our savings. Interest rates determine the cost of borrowing and the yield on bank accounts and bonds, while exchange rates affect our command over foreign products as well as the value of our foreign assets. And all of this represents just the tip of the iceberg. Numerous macro variables-ranging from unemployment to productivity-are equally important in shaping the economic environment in which we live.

Paperback

Published July 20, 2017

Reviews

[Alyna Palomo · Rating 5 out of 5]

This is a really good introduction to macroeconomics. It doesn't go in-depth, nor does it give an overview of the charts and graphs related to macroeconomics. This won't help up understand aggregate demand or the possibilities curves, but this is part of why it is effective. It won replace an economics course, but if you listen/read this at any time will help you understand the more complicated material. It covers the simpler principles and concepts in a digestible and tangible way. You can't begin to understand the more complex concepts without first understanding the topics this book discusses. Even if you are already learning the more complicated material, listening/reading to this is beneficial because it reminds you of the context surrounding and influences those graphs and charts.