Macroeconomics: A European Text

Macroeconomics: A European Text

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This text provides a comprehensive analysis of contemporary macroeconomics, within a European and global context. The authors balance the theoretical aspects with up-to-date policy examples throughout, allowing the reader to relate the concepts to their own economic environment.Exchange rates can be quoted in either of two ways. ... They dona#39;t say anything about how much one can buy with each money, that is, real goods and services. ... This tells us that in dollars, the Berlin haircut costs $30, less than in New York.

Title:Macroeconomics: A European Text
Author:Michael Burda, Charles Wyplosz
Publisher:Oxford University Press - 2012-11-15


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