A Concise Guide to Macroeconomics

A Concise Guide to Macroeconomics

In Forex Books Reviews by andreyma

Review A Concise Guide to Macroeconomics: What Managers, Executives, and Students Need to Know

by DAVID A. MOSS

Description

This fully revised and updated edition to the original published book comes with additional information about macroeconomics, courtesy of Moss’s experience as an instructor at the Harvard Business School. He explains the core ideas of money and output in a clear, concise, and intuitive manner. It includes a brief monetary history of the US and the fundamentals of macroeconomic accounting. 

Here, readers are taught the fundamentals of macroeconomics without the book sounding so much as a textbook. Moss’s book is among the most recommended books on macroeconomics currently, and it proves why. The lessons included in the book are timeless as it tackles both the fundamentals and the large concepts linked to macroeconomics. It also delves into the area of behavioral economics and the role it plays in the economic state of the United States. Overall, the book is recommended to graduate-level students of economics as it serves as a good refresher.

About the Author

DAVID A. MOSS is the Paul Whiton Cherington Professor at Harvard Business School and teaches courses on the Business, Government, and International Economy (BGIE). He graduated from Cornell University and received his Ph.D. from Yale. He was a senior economist at Abt Associates for the years 1992 and 1993. He became a member of the faculty of the Harvard Business School in July 1993. 

Table of Contents

Acknowledgments

Introduction

PART I UNDERSTANDING THE MACRO ECONOMY

  1. Output
  2. Money
  3. Expectations

PART II SELECTED TOPICS—BACKGROUND AND MECHANICS

  1. A Short History of Money and Monetary Policy in the United States
  2. The Fundamentals of GDP Accounting
  3. Reading a Balance of Payments Statement
  4. Understanding Exchange Rates

Conclusion

Epilogue

Glossary

Notes

Index

About the Author