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001 21026884
003 IIITD
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008 190620s2020 maua b 001 0 eng
010 _a 2019025844
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040 _aDLC
_beng
_cDLC
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050 0 0 _aHB172.5
_b.L37 2020
082 0 0 _a339
_223
_bLAR-M
100 1 _aLarrain B, Felipe
245 1 0 _aMacroeconomics
_cby Felipe Larrain B.
260 _aLondon :
_bMIT Press,
_c©2020
300 _axiii, 278 p. :
_bill. ;
_c18 cm.
490 _aThe MIT Press essential knowledge series
504 _aIncludes bibliographical references and index.
505 _t1. What is Macroeconomics?
_t2. Production and Employment
_t3. Why and how do countries grow?
_t4. Money, inflation, and the exchange rate
_t5. Fiscal deficits, inflation, and external crises
_t6. The economic cost of stabilizing inflation
_t7. The key importance of consumption and saving
_t8. Productive investment
_t9. The current account and external debt
_t10. Fiscal policy and its implications
_t11. Globalization
520 _a"Macroeconomics is the study of the economic attributes (including the performance, structure, behavior, and decision-making) of whole systems. Macroeconomists study changes in the aggregate, collecting data on unemployment, growth, inflation, income, saving and spending, trade, and other aspects of regional, national, and international economic life. Policymakers depend on macroeconomists' knowledge of the main elements and basic forces that govern each country's economy and the global economy when making decisions about taxes, industry regulations, trade terms and policies, and more. These decisions in turn affect decisions made by individuals and businesses, especially in a globalized world. This entry into the Essential Knowledge series covers such topics as GDP and its relation to the welfare of people; why some countries grow strongly while others stagnate; the challenges of the labor market in the twenty-first century; the money market and the inflation rate; the implications of having different exchange rate systems -fixed, pegged, bands, floats; household consumption and savings decisions; investment decisions; the current account of the balance of payments; government budgets, taxes and fiscal policy; and the debate on globalization. The book addresses the causes and consequences of recent economic crises like the subprime crisis and Euro crisis. This book draws on examples from economies around the world. Given the author's professional experience as minister of finance for Chile, many examples are drawn from Latin America, but also Asia, Africa, Europe, and the United States"--
650 0 _aMacroeconomics.
650 0 _aGlobalization
_xEconomic aspects.
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