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Essentials of Macroeconomics

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Peter JochumzenEssentials of Macroeconomics Download free books at... Download free eBooks at bookboon.com2 Peter Jochumzen Essentials of Macroeconomics... Download free eBooks at bookbo

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Peter Jochumzen

Essentials of Macroeconomics

Download free books at

Trang 2

Download free eBooks at bookboon.com

2

Peter Jochumzen

Essentials of Macroeconomics

Trang 3

Download free eBooks at bookboon.com

3

Essentials of Macroeconomics

1st edition

© 2010 Peter Jochumzen & bookboon.com

ISBN 978-87-7681-558-5

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Essentials of Macroeconomics

4

Contents

Contents

1.1 Prices and price level 10

2.2 Exchange rate systems 16

2.3 Changes in the exchange rate 16

2.4 he euro against the US dollar 17

2.5 Efective exchange rate 17

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Essentials of Macroeconomics

5

Contents

4.1 he circular low – simple version 20

4.2 he circular low – a more detailed version 21

4.3 Modeling a irm and the concept value added 21

4.4 Firms in the circular low 22

4.5 Circular low – circulation of goods 23

4.6 Circular low – circulation of money 25

4.7 Private sector in the circular low 25

4.8 he Government, Rest of the World and the inancial markets 26

4.10 Four diferent measures of GDP 27

4.13 Components of GDP in numbers 200x 29

5.2 Uneployment classiication 30

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