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Macroeconomics: Understanding the Wealth of Nations Hardcover – International Edition, August 20, 2001

ISBN-13: 978-0471988458 ISBN-10: 0471988456 Edition: 1st

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Product Details

  • Hardcover: 704 pages
  • Publisher: Wiley; 1 edition (August 20, 2001)
  • Language: English
  • ISBN-10: 0471988456
  • ISBN-13: 978-0471988458
  • Product Dimensions: 5.1 x 0.6 x 9.8 inches
  • Shipping Weight: 2.7 pounds
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (4 customer reviews)
  • Amazon Best Sellers Rank: #2,984,935 in Books (See Top 100 in Books)

Editorial Reviews

Review

"..a much needed textbook to help them stay interested...a great way to get serious about economics without losing yourself in equations.." (Management Today, December 2001)

From the Back Cover

This text is particularly suited to MBA and business students, and more generally to those who want to understand macroeconomics but are not aiming to become specialists. David Miles and Andrew Scott's MACROECONOMICS: UNDERSTANDING THE WEALTH OF NATIONS offers a fascinating and accessible account of how the world economy works and how economists analyze it.

The text presents a wide range of topics using extensive current and historical data. It begins by considering why some countries are richer than others and what makes nations grow over time. It then examines how the economy fluctuates between booms and recessions and how interest rates and monetary policy should be set. A distinctive feature of the text is its focus on the international economy with an extensive analysis of exchange rates and global capital markets. The final section explores the links between financial markets, such as bond, equity, and property markets, and the rest of the economy.

Features

  • Up-to-date treatment of theory and research

  • Wide geographic and historical coverage

  • Extensive use of international data

  • Exceptionally clear and accessible presentation of technical material

  • Comprehensive coverage of current macroeconomics topics



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Customer Reviews

4.2 out of 5 stars
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Most Helpful Customer Reviews

8 of 9 people found the following review helpful By A Customer on November 5, 2003
Format: Hardcover
Miles and Scott's explanation of some concepts is quite convoluted. Students new to economics will find this text difficult. I recommend the Gans, King, and Mankiw macroeconomics textbook, which is more readable, more colorful, and more enjoyable. I am also looking forward to my lecturer's new textbook.
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4 of 4 people found the following review helpful By George F. Yazigi on July 26, 2004
Format: Hardcover
This is a good book, designed for students wanting to understand macroeconomics without previous knowledge of the subject matter. However, it addresses advanced topics in an attractive style.

After reading every chapter you will be able to grasp the concept behind the text. However in some chapters you may need to make extra research for you to be able to formulate an understanding of the concept and eventually you may need some case studies that explain the economic implications of the inherent results.
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4 of 8 people found the following review helpful By A Customer on August 16, 2001
Format: Hardcover
A great insight into how world economics really works. It's easy to read with examples and diagrams that really help you understand why people behave economically the way they do. To add to this, Andrew Scott is one of the best lecturers to have worked at London Business School.
This text should be compulsory for all World Leaders!
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0 of 13 people found the following review helpful By J. GUO on August 24, 2004
Format: Hardcover Verified Purchase
The shippment was excellent. I received the book 5 days after I palced my order!
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