Taking stock of emerging planet data and analysing policies during
the global crisis, Earth Economics provides a comprehensive and
accessible introduction to basic macroeconomic concepts, methods
and principles, and their application to real world data.Written
principally for students seeking an introduction to macroeconomics,
this book offers a completely new angle to policy, with a focus on
the truly global level. Underpinned by empirical orientation of
state-of-the-art data, it introduces earth economics as the study
of the economy of our planet from the perspective of an autarkic
system (a 'closed economy'), focussing on policymaking that
improves global rather than national welfare. Key features include:
- A discourse on issues fundamental to the understanding of
macroeconomics. - An introduction to economists' tools and
concepts. Non-economists will learn how to survive in a discussion
with economists: where to ask questions, where to listen, where to
skip and where to ignore. - Presentation of extensive and
wide-ranging data in a consistent and comprehensive framework. -
In-depth treatment of key concepts including: aggregates, autarky,
closed economies, current accounts, earth economics, data,
macroeconomics, microeconomics, development and global public
goods. - Provision of a thorough, working understanding of the
subject matter via exercises set throughout the book, including:
questions on the text, calculations, formulating arguments and
preparation, analysis and interpretation of data and figures. See
the companion website - www dot eartheconomics dot info for updates
and additional information. Contents: Preface 1. Introduction: It
is the Only One We Have 2. Planet Accounts Part I: Short-term
Fluctuations and Demand Management 3. Earth's Business Cycle 4. Why
I = S and What That Means: The Building Blocks of Macroeconomic
Analysis 5. Investment, the IS Curve, and Product Market
Equilibrium 6. What About Government? 7. Money Matters! The LM
Curve and Money Market Equilibrium 8. Eartheconomic Demand and
Supply 9. Puzzling Disagreements Part II: Long Run 10. Long-Run
Growth 11. Development and Change 12. Limits to Growth? Part III:
Earth Governance and Global Public Goods 13. Global Public Goods
14. Global Peers: An Agenda References Index
General
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