Macroeconomics for managers
| Autor principal: | |
|---|---|
| Formato: | Libro |
| Idioma: | Inglés |
| Publicado: |
Oxford (England) ; Malden, Mass. :
Blackwell
2003.
|
| Materias: | |
| Ver en Universidad de Navarra: | https://innopac.unav.es/record=b16702505*spi |
Tabla de Contenidos:
- The importance of macroeconomics
- 1.1. What is macroeconomics?
- 1.2. Links between macroeconomics and microeconomics
- 1.3. Current core of macroeconomic theory
- 1.4. Macroeconomics - an empirical discipline
- 1.5. The importance of policy applications
- 1.6. Positive and normative economics: why macroeconomists disagree
- 1.7. Roadmap of this book
- Appendix: thumbnail sketch of the development of macroeconomics
- 2: National income and product accounts (nipa)
- 2.1. How the national income and product accounts are constructed
- A double-entry bookkeeping system
- 2.2. Components of GDP: final goods and services
- Government purchases and other expenditures
- Inventory investment: an exception to the rule
- Relative size of the major components of GDP
- Manager's briefcase: interpreting the GDP statistics
- Case study 2.1. Shifting shares of GDP in the post World War II period
- 2.3. Differences between final and intermediate goods and services
- Defining and determining intermediate services
- 2.4. Components of national income
- Major components of national income
- Case study
- 2.2. Shifting patterns of components of factor income
- Case study
- 2.3. Different measures of corporate profits
- The tradeoff between corporate profits and net interest income
- Differences between GDP and GNP
- 2.5. Balancing items linking GDP, NI, PI, and DI
- Links between GDP and disposable income
- Managers briefcase: understanding personal saving
- 2.6. Value added by stages of production: an example
- 2.7. Inclusions and exclusions in the NIPA data
- Transfers of assets
- Case study
- 2.4. Treatment of mortgage payments
- Foreign expenditures
- Different types of government expenditures
- The underground economy
- 2.8. Circular flow between aggregate demand and production
- Appendix: key macroeconomic identities
- Key data concepts: inflation, unemployment, and labor costs
- 3.1. Measuring inflation: three different types of indexes
- 3.2. Factors causing the inflation rate to be overstated
- Effect of a fixed-weight market basket
- Measuring quality changes
- New products and services
- Drawbacks to implicit deflators
- The chained index: the latest compromise
- The Boskin Committee report on inflation
- Recent improvements by the BLS
- Case study
- 3.1. Fixed weight, implicit, and chained price indexes
- 3.3. Could the inflation rate be understated?
- Manager's briefcase: how to interpret the inflation data
- 3.4. Different measures of unemployment
- The duration of unemployment
- 3.5. Collecting the employment and unemployment data
- The BLS "fudge factor"
- Initial unemployment claims
- Manager's briefcase: how to interpret the employment and unemployment data
- Case study
- 3.2. Differences in payroll and household measures of employment
- 3.6. The concept of full employment
- Full employment: not a fixed rate
- Determinants of the full-employment unemployment rate
- 3.7. Unit labor costs
- Case study
- 3.3. Rising labor compensation costs in 200
- Managers briefcase: using the data for wages and unit labor costs
- 3.8. Summarizing the economic data: indexes of leading and coincident indicators
- 3.9. Methods and flaws of seasonally adjusted data
- 3.10. Preliminary and revised data
- Part II: Aggregate demand and joint determination of output and interest rates
- 4: The consumption function
- 4.1. Principal determinants of consumption.
