Product Description
Macroeconomics (2nd edition)
Author: Matthew Kofi Ocran
Format: Physical Hardcopy
The book provides a thorough but concise exposure to macroeconomics to post school students as well as those studying economics for the first time. Following an introduction that gives an overview of macroeconomics as well as a brief discussion of the main macroeconomic problems that societies face, the book then looks at national income accounting and economic performance. The book looks at the unemployment problem.
There is also a discussion of aggregate supply and demand theory, and the role of that theory in explaining the determinants of aggregate economic output and employment. The problem of inflation and is also discussed. The reality that the economies of most countries are interconnected with that of the rest of the world is discussed under open-economy. The book then discusses economic growth in both the short-run and the long run.
Contents:
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Chapter 1: Introduction to macroeconomics
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Chapter 2: National income accounting and economic performance
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Chapter 3: Labour market and the problem of unemployment
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Chapter 4: Aggregate demand and aggregate supply
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Chapter 5: Money, prices and the problem of inflation
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Chapter 6: Open macroeconomy: International trade, exchange rate and the balance of payment
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Chapter 7: Economic growth in the short run
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Chapter 8: Economic growth in the long run
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