Understanding Macroeconomics (Paperback, 2nd ed)

Macroeconomics is concerned with the economy as a whole. In macroeconomics, we develop an overall view of the economic system and we study total (or aggregate) economic behaviour. The emphasis is on topics such as total production, income and expenditure, economic growth, aggregate unemployment, the general price level, inflation and the balance of payments. Macroeconomics is therefore the world of totals.

This second edition of Understanding macroeconomics is a comprehensive revision and restructuring of the first edition, but still against a contemporary South African background. The major changes include the following: the chapter on money has been expanded and moved forward, and the material on the Keynesian model has been consolidated in two separate chapters, instead of being spread over different chapters . There is also a greater emphasis on the role of monetary and fiscal policy. New topics include the role of the ratings agencies and the notion of "radical economic transformation".

As in the first edition, the easy style and practical examples make the content extremely accessible. A wealth of relevant information about the South African economy is also provided. A companion to this book, Understanding microeconomics, is also available.

General

Imprint:	Van Schaik Publishers
Country of origin:	South Africa
Release date:	June 2018
Authors:	Philip Mohr • Cecilia van Zyl • Anmar Pretorius
Dimensions:	245 x 170 x 32mm (L x W x T)
Format:	Paperback
Pages:	272
Edition:	2nd ed
ISBN-13:	978-0-627-03633-0
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy Books > Business & Economics > Economics > Macroeconomics > General Books > Varsity Textbooks Books > Academic & Education > Varsity Textbooks > Business & Economics Books > Academic & Education > Varsity Textbooks > Business Management Books > Academic & Education > Varsity Textbooks > Economics
LSN:	0-627-03633-3
Barcode:	9780627036330

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Thu, 4 Aug 2022 | Review by: Chiara H.

This book came in perfect condition, great packaging and quick delivery!

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Quick delivery and we’ll packaged

Wed, 17 Aug 2022 | Review by: Warren G.

The product arrived ahead of schedule which really helped. It is in excellent condition and as ordered.

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DOES WHAT IT SAYS ON THE TIN

Tue, 23 Aug 2022 | Review by: Litisha N.

I would not have bought this book if it was not a prescribed book for one of my courses, but it does do a very good job of explaining key concepts in a very easy-to-understand way.

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Macroeconomics made easy.

Tue, 23 Aug 2022 | Review by: Tshepo G.

The book is in good condition. The content is unambiguous. The author makes reference to daily experience.

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