Macro Ecomonics for Beginners
This economics course helps you to understand the main terms studied in economics matriculation and first degree courses. You do not need to know mathematical equations to understand the basic concepts presented throughout the course. The use of real-life examples and easy to read graphs makes the content easy to grasp.
What people are saying - Write a review
We haven't found any reviews in the usual places.
Table of Contents
Chapter 1 Inflation and the Consumer Price Index
Chapter 2 The Theory of the Money Supply
Chapter 3 Employment and Unemployment
Chapter 4 Dr Keynes and His Theory
Chapter 5 Basic Concepts In Economics
adults aggregate demand Aggregate Supply base date basket of products basket price cash Chapter circulation of money closed economy coefﬁcient Consumer Price Index Cumulative demand Current account curve shows decile deﬂationary gap demand curve Demand Factors deposits multiplier Diagram disposable income equal equation equilibrium price example exports factors of production ﬁgures ﬁnancial ﬁred ﬁrst Frictional unemployment given period government expenditure graphically the relationship gross domestic product Inﬂationary internal infusion investment Keynes loans multiplier loaves of bread Lorenz Curve manufacture marginal expenditure marginal production maximum GDP measured monetary money supply month Natural unemployment number of units offull employment ofthe percentage price increases price of shirts private consumption proﬁts Progressive tax purchase quantity demanded quantity of money reduce relationship between GDP reserve ratio residents result salary sector select a continuum Structural unemployment Three Situations total number unemployment rate Unemployment The unemployed usually velocity workers