Macroeconomics: Understanding the Wealth of Nations

Revised and updated edition of a very successful macroeconomics textbook. Miles and Scott deal with sophisticated issues using advanced economic theory, but in a manner that is accessible to anyone taking a single course in macroeconomics. They begin with real–world economic issues, and describe why these matter, before embarking on economic theory, ensuring that readers emerge with a good practical understanding of the global economy and how economists think about it. This new edition has been completely revised and updated with current data, and features new material on key topics including globalization, aid and debt relief, and transition economies. Management Today, December 2001 ”..a much needed textbook to help them stay interested…a great way to get serious about economics without losing yourself in equations..” Economic Outlook and Business Review, Issue 17, Vol 1, March 2002 ”..an original and interesting macroeconomics text. It is a self–contained volume which any student and teacher of economics within the higher education sector will find extremely useful…”