Need to understand today's economy? This is the book for you. "The Cartoon Introduction to Economics, Volume Two: Macroeconomics" is the most accessible, intelligible, and humorous introduction to unemployment, inflation, and debt you'll ever read.Read more...
Need to understand today's economy? This is the book for you. "The Cartoon Introduction to Economics, Volume Two: Macroeconomics" is the most accessible, intelligible, and humorous introduction to unemployment, inflation, and debt you'll ever read.
Whereas "Volume One: Microeconomics" dealt with the optimizing individual, "Volume Two: Macroeconomics" explains the factors that affect the economy of an entire country, and indeed the planet. It explores the two big concerns of macroeconomics: how economies grow and why economies collapse. It illustrates the basics of the labor market and explains what the GDP is and what it measures, as well as the influence of government, trade, and technology on the economy. Along the way, it covers the economics of global poverty, climate change, and the business cycle. In short, if any of these topics have cropped up in a news story and caused you to wish you grasped the underlying basics, buy this book.
- ISBN-13: 9780809033614
- ISBN-10: 0809033615
- Publisher: Hill & Wang
- Publish Date: December 2011
- Page Count: 227
- Dimensions: 9.98 x 7.07 x 0.74 inches
- Shipping Weight: 1.02 pounds
Series: Cartoon Introduction to Economics
Publishers Weekly® Reviews
- Reviewed in: Publishers Weekly, page .
- Review Date: 2011-10-03
- Reviewer: Staff
The major concepts of macroeconomics are broken down with wit, verve, and clarity in this excellent follow-up to The Cartoon Introduction to Economics: Vol. 1: Microeconomics. Klein and Bauman lay out the goals of macroeconomists, who address issues that affect an entire country or the entire planet—and who try to solve the problem of how to increase living standards in the long run while understanding short-term economic fluctuations. The two basic theories for explaining economics, the classical view and the Keynesian view, become a lot clearer when explained with illustrations rather than with dry charts and graphs; so do unemployment, inflation, the Gross Domestic Product, fiscal policy, international trade, foreign aid, and global macroeconomics. While the authors do an admirable job keeping politics out of it, they’re clearly fans of the free market and a well-reasoned, balanced role for the government. This clever, lucid, and lighthearted book is a godsend to anyone who needs a simple but complete primer on the ins and outs of economics. (Jan.)