9781423208549

A better understanding of how the economy works in general is crucial for established businesses, start-ups and students of economics. This 3-panel (6-page) guide, jam-packed with up-to-date information, examines macroeconomics in great detail. Definitions and formulas are featured, and full color tables and charts make the subject come alive! Macroeconomics topics include: . Supply & Demand . Economic Aggregates . Nominal GDP vs. Real GDP . Business Cycles . Macro Theories . Aggregate Spending Keynesian Approach . Keynesian Equilibrium . Effect of Taxes on Income . Leakages/Injections Approach . Differential Effect of Increasing T & G . Endogenous Imports . Paradox of Thrift . GDP Gap & The Multiplier . Fiscal Policy . And more!