 | | |
| Macroeconomic Essentials - 2nd Edition: Understanding Economics in the News | 
 enlarge | Author: Peter Kennedy
Publisher: The MIT Press
Category: Book
List Price: $39.00
Buy New: $9.98
You Save: $29.02 (74%)
Buy New/Used from $9.98
Avg. Customer Rating:  (6 reviews)
Sales Rank: 338066
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Edition: 2
Number Of Items: 1
Pages: 432
Shipping Weight (lbs): 1.7
Dimensions (in): 8.9 x 8 x 0.9
ISBN: 0262611503
Dewey Decimal Number: 339
EAN: 9780262611503
ASIN: 0262611503
Publication Date: March 24, 2000
Availability: Usually ships in 1-2 business days
|
| Editorial Reviews:
Product Description
What do we want our students to be able to do upon completing an introductory course in macroeconomics?shift curves on diagrams or interpret media commentary on the economy? This book, an effort to lead students in the latter direction, offers a clear exposition of introductory macroeconomic theory along with more than 600 one- or two-sentence "news clips" that serve as illustrations and exercises. The author calls this approach "media economics" to distinguish it from the encyclopedic character of traditional texts.
The book provides a guide to what the author calls the "really important" ideas of macroeconomics, with a strong connection to the real world. Thus many instructors will find the book suitable for use in courses enrolling business students. The method of presentation allows room for topics that are crucial for the interpretation of news commentary, but given inadequate coverage in traditional macroeconomics texts. Examples include the many roles of nominal versus real interest rates, and international phenomena such as purchasing power parity.
Despite its nontechnical presentation, the material in the book is quite challenging for students; to answer questions based on the news clips, students must truly understand the economic concepts and apply problem-solving skills rather than rote learning. This text, unlike other economic texts, provides the student with a practical yet sophisticated grasp of the macroeconomic principles necessary to interpret media commentary. The second edition has been revised and updated throughout.
|
| Customer Reviews: Read 1 more reviews...
 Summa Macroeconomica October 10, 2008
It's a laugh to think that "Macroeconomic Essentials" has everything that a student or ordinary citizen needs to know about macroeconomics as reported in the news. Anyone who used it to understand the current housing bubble cum banking crisis (or international trade, or health economics, or the economics of global warming...etc., etc., etc.) would be in for a rude surprise. However, the book does distinguish itself from the typical macro textbook by focusing on a few core themes, rather than on a mass of technical details and equations. In fact, it contains most (maybe all) of the material that a normal non-economist could possibly hope to remember from an undergraduate macro course. That's an achievement. Highly recommended.
 Good workable approach to practical understanding of a subject area that is over academicised September 2, 2007
1 out of 1 found this review helpful
Macroeconomics text books are like books on Options - where theory from academics is the usual content when people need a book that tells them how to make money out of this.
This book is a good workable approach to practical understnding of interelationships in a subject area that is over academicised.
If you study to the point where can do the end of book exercises then you will have a good grasp of macroeconomic essentials as they apply in the real world.
New book January 11, 2007
0 out of 6 found this review helpful
Book is new although there was a marking at the bottom of the pages.
Thorough & sound guide for Macroeconomics November 14, 2003
5 out of 5 found this review helpful
I have looked through a wide variety of books on Macroeconomics and only this one has really satisfied me. It covers all the topics well; clearly, but not in a simplistic manner. And when you have finished studying a chapter and done some of the exercises at the end, you will understand the principles very well. The use of media exercises not only is more applicable to every day life, but also helps to stick the concepts into your brain so they are more easily retained.With all this said, the book is quite approachable. It is written for the everyday student to understand concepts that are critcial in your everyday life; from investing to decifering the political conversations about the economy/deficit/balance of trade. I highly recommend this book.
Peter Kennedy's book is terrific July 23, 2001
6 out of 6 found this review helpful
I found this text particulary inspiring the first semester I used it in my introductory macroeconomic class. The manner in which the material is presented makes the text a useful reference guide for business professionals who need to great refresher text to bring them up to date on the basic workings of the economy. Most of my students liked the book.
|
|
|
Powered by Associate-O-Matic
| | |