Complete introduction to the world of Macro economics
Suitable for those with no previous knowledge.
Plenty of examples, illustrations and charts.
Intuitive interface, including page flipping, search and bookmarks.
This e-book helps you understand the main terms studied in Economics matriculation and BA courses. You do not need to know mathematical equations to understand the basic concepts presented throughout this e-book: The use of real-life examples and easy to read graphs makes the content easy to grasp. Topic Outline 1. Inflation and the Consumer Price Index Inflation and Deflation The Basket Price The Consumer Price Index 2. The Theory of the Money Supply 3. Employment and Unemployment Important ratios Categories of Unemployment 4. Dr. Keynes and His Theory Aggregate Demand and Supply GDP = Aggregate Demand Keynes's Magic Faucet in a Period of Inflation Presenting Demand Elements at the Individual Level Displaying Aggregate Demand Elements at the Macroeconomic Level Keynes's Theory 5. The State Budget Transfer and Support Payments The Expenditures Budget Revenues Budget Deficit An Ordinary Budget and a Development Budget 6. The Balance of Payments The Main Resources That Generate Foreign Currency The Internal Division of the Balance of Payments Balance Of Payments in an Abbreviated Format The Sub-Sections in the Financial Account Statistical Differences