Macroeconomics For Dummies®, uk edition Published by: John Wiley & Sons, Ltd

Macroeconomics For Dummies®
Visit


www.dummies.com/cheatsheet/macroeconomicsuk to


view this book's cheat sheet.


Table of Contents


Cover


Introduction


About This Book


Foolish Assumptions


Icons Used in This Book


Beyond the Book


Where to Go from Here


Part I: Getting Started with Macroeconomics


Chapter 1: Discovering Why Macroeconomics Is a


Big Deal


The Big Picture: Checking Out the Economy as a Whole


Looking at the Key Macroeconomic Variables


Modelling the Economy


Plotting Economic Policy


Financial Crises! Going Wrong on a Global Scale


Chapter 2: Looking at Key Questions and Concepts


Seeing the Questions that Intrigue Macroeconomists Thinking Like an Economist: Learning to Love Modelling Clarifying Important Macroeconomic Concepts


Chapter 3: Curing a Sick Economy of Four Afflictions

Reading about Recessions

Getting Hyper about High Inflation


Finding Out about Financial Crises


Uncovering Unemployment: Causes and Responses


Part II: Measuring the Things that Matter


Chapter 4: Totting up a Country’s Economic


Activity: Gross Domestic Product


Grasping the Idea of GDP


Getting Out What You (Marginally) Put In


Calculating GDP: Assessing an Economy’s Health


Measuring Living Standards with GDP and Other Methods


Chapter 5: Facing the Fact of Increasing Prices:


Inflation


Working Out Inflation: Looking into the Average Shopping Basket


Examining the Cause of Inflation: The Quantity Theory of Money


Appraising Inflation: Good or Bad?


Rising to Extremes: Hyperinflation


Going Downwards: Deflation


Chapter 6: Unemployment: Wasting Talent and Productivity


Understanding the Importance of Unemployment: Opportunity Cost


Comparing Two Different Measures of Unemployment Distinguishing Two Different Types of Unemployment Reducing the ‘Natural’ Rate of Unemployment