Simple Macroeconomics

Author: Ouyang Ming
Publisher:
Publish Date: 1997-12-01
Features: This book is a popular economics reader for the general public. It is divided into 10 chapters. After introducing the research objects, methods, and development of schools in macroeconomics, it systematically elaborates on the Keynesian theory model and economic policy principles, and discusses the role of the government in a market economy. Then, it analyzes the causes of inflation, unemployment, and economic recession in a market economy, introduces the differences between monetarism and neoclassicism in explaining unemployment and inflation phenomena as well as policy applications. Finally, it introduces economic growth theory and related policy measures. Although this book is primarily a popular reader aimed at non-economics majors, it covers the main content of macroeconomics courses offered by economics departments in universities in North America and touches on some cutting-edge issues in Western macroeconomic research. Its popularity lies in "translating" the complex mathematical models in economics textbooks into plain language. Therefore, this book is also available for reference by economics or management students and teachers, economic researchers, and government officials engaged in economic work.