Macroeconomics Demystified
Become a master of macroeconomics (without formal economics training).Do youreallyunderstand how the business cycle, fiscal policy, and other broad-based economic concepts affect your income, investments, and bank account?Macroeconomics Demystifiedwill make sure you do, providing you with a concise yet detailed introduction to the macroeconomic principles and policies that regularly impact your professional life and financial status.This unique, hands-on guide uses clear graphs, succinct explanations, and practical examples--along with chapter-ending quizzes and two 60-question final exams--to help you easily grasp this vital and fascinating topic. From fundamental concepts like supply and demand to ways in which government fiscal policy can help or hurt the stock market, it provides a crystal-clear picture of classic macroeconomic concepts and principles and their often unseen influence on everyday life.Simple enough for a beginner, yet detailed enough for a college student,Macroeconomics Demystifiedis your clearest and most direct route to understanding macroeconomics.Here’s everything you need to understand:Basics--The circular flow model, aggregate supply and aggregate demand, money and the federal reserve system, the money market, global economicsGoals--Requirements to achieve economic growth, full employment GDP, tools for maintaining price stabilityModels--the classical model, the Keynesian model, and the monetarist modelPolicy--Uses of fiscal policy to achieve macroeconomic goals, rules required for effective monetary policy