http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
George Buckley & Sumeet Desai: What You Need To Know About Economics Economics Matters. But with confusing things like GDP and interest rates, it's often hard to get you head around. So What do you really need to know about economics? Find out:What economic growth is and why it mattersHow inflation happensHow jobs are created and lostHow the property market worksWhat central banks do and how it affects the rest of usThe impact of government spending on the economy What You Need to Know About Economics cuts through the theory to help you to do your job and understand the world around you better.
Series page; Title page; Copyright page; INTRODUCTION; CHAPTER 1 GROWTH; WHAT IS ECONOMIC GROWTH?; THREE MEASURES OF ACTIVITY; HOW IT ALL FITS TOGETHER; FOCUS ON HOUSEHOLD SPENDING AND INVESTMENT BY FIRMS; VOLUMES, VALUES AND THE SEASONS; BUSINESS CYCLES AND TREND GROWTH; MULTIPLIERS; SPARE CAPACITY AND THE â€˜OUTPUT GAPâ€™; RECESSIONS AND DEPRESSIONS; COMPARING ECONOMIES ACROSS THE WORLD; WHAT TO WATCH; CHAPTER 2 INFLATION; WHAT IS INFLATION?; HOW PRICES ARE DETERMINED
CAUSES OF INFLATION: DEMAND-PULL VERSUS COST-PUSHTHE IMPORTANCE OF INFLATION; EXPECTATIONS; A HISTORY OF INFLATION; CHAPTER 3 EMPLOYMENT; INTRODUCTION; MEASURING JOBS AND JOBLESSNESS; THE JOBS MARKET AND WAGES; TYPES OF UNEMPLOYMENT; OKUNâ€™S LAW; TIME LAGS; PRODUCTIVITY; THE PHILLIPS CURVE AND THE â€˜NATURAL RATEâ€™ OF UNEMPLOYMENT; WHY THE PHILLIPS CURVE STOPPED WORKING; CHANGES IN THE WORKFORCE; CHAPTER 4 TRADE; WHAT IS INTERNATIONAL TRADE?; COMPARATIVE ADVANTAGE; THE BALANCE OF PAYMENTS; CURRENCIES AND TRADE
GOING BACK TO BALANCEPURCHASING POWER PARITY; THE ASIAN CRISIS; PROTECTIONISM; GLOBAL TRADE DEALS; CHAPTER 5 MONEY; WHY DOES MONEY EXIST?; WHAT IS MONEY TODAY?; MONEY DEMAND â€ THE MOTIVES FOR HOLDING MONEY; MONEY SUPPLY AND CREDIT CREATION; HOW INTEREST RATES ARE DETERMINED; THE QUANTITY THEORY OF MONEY; THE IMPORTANCE OF MONEY IN PRACTICE; THE BORROWERS AND SAVERS OF MONEY; HOUSEHOLD BORROWING AND DEBT; BORROWING BY FIRMS; THE EFFECT OF BORROWING ON THE ECONOMY; THE 2007 CREDIT CRISIS â€ IN A NUTSHELL
Chapter 6 central bankingwhat do central banks do?; how central banking started; interest rates; the transmission mechanism; forecasting; inflation targeting; monetary policy rules; quantitative easing; financial stability; chapter 7 the public finances; what are the public finances?; balancing the budget; the role of government; the keynesian approach; taxes; debt and bond markets; sovereign defaults; chapter 8 housing; the market for housing; how we measure house prices; what drives the price of houses?
AFFORDABILITYHOUSING AS AN INVESTMENT; THE IMPORTANCE OF HOUSING TO THE WIDER ECONOMY; BUBBLE TROUBLE AND THE SUB-PRIME CRISIS; CONCLUSION; ACKNOWLEDGEMENTS; SOURCES; Index
Includes bibliographical references and index.
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