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Macroeconomics: Understanding the Wealth of Nations, by Miles
PDF Download Macroeconomics: Understanding the Wealth of Nations, by Miles
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Miles and Scott deal with sophisticated issues using advanced economic theory but in a manner that is accessible to someone taking a single course in macroeconomics. They discuss real world economic issues and first describe why these issues matter before discussing economic theory. In explaining why certain economic events occur the authors utilise logical economic thinking and modelling but they only introduce models after the real world problem of interest has first been discussed. A distinguishing feature of this text is the focus on the data and detail of the world economy and the use of this material as an entry point into the world of theory.
- Sales Rank: #7396004 in Books
- Published on: 2001
- Format: Import
- Original language: English
- Number of items: 1
- Dimensions: 9.09" h x 1.02" w x 7.44" l,
- Binding: Paperback
- 704 pages
Review
"..a much needed textbook to help them stay interested...a great way to get serious about economics without losing yourself in equations.." (Management Today, December 2001)
From the Back Cover
This text is particularly suited to MBA and business students, and more generally to those who want to understand macroeconomics but are not aiming to become specialists. David Miles and Andrew Scott's MACROECONOMICS: UNDERSTANDING THE WEALTH OF NATIONS offers a fascinating and accessible account of how the world economy works and how economists analyze it.
The text presents a wide range of topics using extensive current and historical data. It begins by considering why some countries are richer than others and what makes nations grow over time. It then examines how the economy fluctuates between booms and recessions and how interest rates and monetary policy should be set. A distinctive feature of the text is its focus on the international economy with an extensive analysis of exchange rates and global capital markets. The final section explores the links between financial markets, such as bond, equity, and property markets, and the rest of the economy.
Features
- Up-to-date treatment of theory and research
- Wide geographic and historical coverage
- Extensive use of international data
- Exceptionally clear and accessible presentation of technical material
- Comprehensive coverage of current macroeconomics topics
Most helpful customer reviews
0 of 13 people found the following review helpful.
Fast shippment
By J. GUO
The shippment was excellent. I received the book 5 days after I palced my order!
4 of 4 people found the following review helpful.
Yet Another Economics Book!
By George F. Yazigi
This is a good book, designed for students wanting to understand macroeconomics without previous knowledge of the subject matter. However, it addresses advanced topics in an attractive style.
After reading every chapter you will be able to grasp the concept behind the text. However in some chapters you may need to make extra research for you to be able to formulate an understanding of the concept and eventually you may need some case studies that explain the economic implications of the inherent results.
8 of 9 people found the following review helpful.
Not Bad, But A Little Difficult
By A Customer
Miles and Scott's explanation of some concepts is quite convoluted. Students new to economics will find this text difficult. I recommend the Gans, King, and Mankiw macroeconomics textbook, which is more readable, more colorful, and more enjoyable. I am also looking forward to my lecturer's new textbook.
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