Why is the standard of living in some countries so much higher than
in others? Why does unemployment sometimes rise sharply in a short
time and what can governments do about it? When, if ever, should
governments borrow to finance spending? Written with a strong
global business focus, Miles and Scott's "Macroeconomics and the
Global Business Environment, Second Edition" examines fascinating,
real-world economic issues, shows why these issues matter, and uses
them as an entry point into advanced economic theory. Throughout,
the authors present technical material clearly and accessibly,
allowing you to develop a solid understanding of the global economy
and how economists think about it.
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