Macroeconomics in Context lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Microeconomics in Context, the book is attuned to economic realities--and it has a bargain price. The in Context books offer affordability, engaging treatment of high-interest topics from sustainability to financial crisis and rising inequality, and clear, straightforward presentation of economic theory. Policy issues are presented in context--historical, institutional, social, political, and ethical--and always with reference to human well-being.accounts economists hence use the terms aproduction, a aincome, a and a expenditurea interchangeably. ... This is to think about how much each industry contributes to the value of the final good or service. ... Similarly, we can determine the value added by Ford Motor Company as the difference between all its input costsanbsp;...
|Title||:||Macroeconomics in Context|
|Author||:||Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras|
|Publisher||:||Routledge - 2015-03-12|