Macroeconomics For Dummies [Paperback]

The fast and easy way to make macroeconomics manageable

Macroeconomics is kind of a big deal. Without it, we wouldn't have the ability to study the economy as a whole—which is something that affects almost every aspect of your life, whether you realize it or not. From your employment status to how much you earn and pay in taxes, macroeconomics really matters. Breaking down this complicated and fascinating topic into manageable pieces, Macroeconomics For Dummies gives you fast and easy access to a subject that has a tendency to stump the masses.

With the help of this plain-English guide, you'll quickly find out how to gather data about economies to inform hypotheses on everything from the impact of cutting government spending to the underlying causes of recessions and high inflation.

• Analyze business cycles for overall economic health
• Study economic indicators such as unemployment
• Understand financial trends on the international market
• Score higher in your macroeconomics class

Filled with step-by-step instruction and enlightening real-world examples, this is the only book you need to slay the beast and make macroeconomics your minion!

Introduction 1

Part 1: Getting Started with Macroeconomics 5

CHAPTER 1: Discovering Why Macroeconomics Is a Big Deal 7

CHAPTER 2: Looking at Key Questions and Concepts 27

CHAPTER 3: The Short Run and the Long Run 43

Part 2: Measuring the Things That Matter 59

CHAPTER 4: Adding Up Gross Domestic Product 61

CHAPTER 5: Facing the Fact of Increasing Prices: Inflation 81

CHAPTER 6: Thinking About Interest Rates 103