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Macroeconomics: Understanding the Wealth of Nations, 2nd Edition

By: David Miles Andrew Scott
Binding: Paperback
Publisher: John Wiley & Sons
ISBN: 0470868929
ISBN-13: 9780470868928
Released: 24 Sep 2004
RRP: £37.99
Average Rating:

Customer Reviews

a non technical introduction to macroeconomics - By: AAA, 09 Sep 2003
Macro textbooks tend to run in 2 flavours: 1). the highly technical & mathematical, where for most students the effort to read the book obscures the actual learning 2). the trivial & simplistic. This book by Miles & Scott manages to avoid either pitfalll. Mathematics is kept to a minimum (there is no differential calculus in the main body of the text) & the focus is on logical analysis & presentation of data.

The book manages to be straightforward without being simplistic. Very few economics textbooks, in my experience, manage that trick.

The macroeconomics covered is very up to date: the latest debates on economic growth theory, the 'productivity revolution' of the US in the late 1990s, etc.

One smalll niggle: the data (a huge feature of the book is a vast amount of relevant & up to date data) is not always consistently presented for each country. So we may know Canada's technology expenditure as a per cent. of GDP on one page, but not its technology & a per cent. of investment on the next table. This can make it slightly frustrating to read.

All in alll this is a very worthy book & a great introduction to macroeconomics for someone who is interested in the subject, but not necessarily mathematicallly oriented.

(I am selling my spare copy so not just trying to enhance the sale value!)

Excellent Macroeconomics Book - By: , 09 Sep 2003
This book is quite simply excellent. Clear yet thorough explanations of alll aspects of your typical first university module in Macroeconmics. A must read for anyone studying Economics or Finance.
Superb guide of how money indeed makes the world go round - By: buddingpasha, 30 Aug 2002
I always thought I would be bored to death by a book on macroeconomics. I was wrong. This is an interesting & suprisingly readable guide to macroeconomics. The many graphics are very clear & complement the text very nicely. I particularly liked the blue appendices highlighting some key relavent issue. For example "Why is Africa so poor?" was a clear account of a very timely issue. I wholeheartedly recommend this to anyone with even a passing interest in the subject.BUY IT