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Focusing on fundamental economic concepts, the book explores macroeconomic ideas through the lenses of notable economists like Adam Smith and Milton Friedman, while highlighting the limitations of self-interested politicians as discussed by James Buchanan. It incorporates Frederic Bastiat's insights on visible and unseen economic effects, addressing topics like technology and fiscal policy. Engaging short fictional stories illustrate key concepts such as credit markets and economic planning, making macroeconomics accessible to students navigating real-world economic situations.
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Principles of Macroeconomic Literacy, John Scott
- Language
- Released
- 2015
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- Title
- Principles of Macroeconomic Literacy
- Language
- English
- Authors
- John Scott
- Publisher
- University of North Georgia
- Publisher
- 2015
- Format
- Paperback
- Pages
- 160
- ISBN13
- 9781940771182
- Category
- Business and Economics
- Description
- Focusing on fundamental economic concepts, the book explores macroeconomic ideas through the lenses of notable economists like Adam Smith and Milton Friedman, while highlighting the limitations of self-interested politicians as discussed by James Buchanan. It incorporates Frederic Bastiat's insights on visible and unseen economic effects, addressing topics like technology and fiscal policy. Engaging short fictional stories illustrate key concepts such as credit markets and economic planning, making macroeconomics accessible to students navigating real-world economic situations.