Macroeconomics

MIT Press Essential Knowledge Series

By: Felipe B. Larrain

Narrated by: Gary Tiedemann

Macroeconomics takes a broad perspective on the economy of a country or region; it studies economic changes in the aggregate, collecting data on production, unemployment, inflation, consumption, investment, trade, and other aspects of national and international economic life.

Policymakers depend on macroeconomists' knowledge when making decisions about such issues as taxes and the public budget, monetary and exchange rate policies, and trade policies-all of which, in turn, affect decisions made by individuals and businesses. This volume in the MIT Press Essential Knowledge series offers an introduction to the basics of macroeconomics accessible to the noneconomist.

The author, an academic economist and two-time Chilean Finance Minister, devotes a substantial part of his analysis to economic development, explaining why some countries achieve continuing economic growth while others become stagnant. He discusses the links between economic activity and employment; employment and unemployment rates; factors behind economic growth; money, inflation, and exchange rate systems; fiscal deficits; balance of payment crises; consumption and savings; investment decisions; fiscal policy; and the process of globalization and its macroeconomic implications.

©2020 Massachusetts Institute of Technology (P)2020 Gildan Media

Helpful

Easy to understand, well structured and clarifies terms and concepts that are not communally known

Great insight into the Macro World

If you go in with an open mind and willing to learn you definitely will enjoy all this great information provided by this Audiobook.

Good overview

Definitely Speed up the book, you’re welcome. Great supplemental material worth the read for sure!

if you are curious about macroeconomics

well read about the material. definitely for the non Econ majors if you are curious about the subject