Principles of Macroeconomics

Principles of Macroeconomics

RM 30.00

ISBN:

9786299582830

Categories:

General Academics
Business & Management

File Size

32.53 MB

Format

epub

Language

English

Release Year

2025
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Synopsis

The content of this book covers various important aspects of macroeconomics, including key economic indicators such as inflation, unemployment, and economic growth, as well as the measurement of national income through several methods. This book also explains the determinants of national income balance by examining the interaction between consumption, investment, and government spending. Here, the writing provides a description of two- and three-sector economies only. In addition, the topic of money creation and credit is discussed by covering the role of the banking system and how financial institutions affect the money supply and interest rates. The discussion also covers issues of currency exchange rates, international trade, and balance of payments. The effects of fiscal and monetary policy in the economy are also important topics of discussion, in addition to an analysis of exchange rate fluctuations in affecting the domestic economy. At the end of each chapter, objective questions and essays are given for the purpose of strengthening students' understanding.