Macroeconomics: Definition
"Macroeconomics is the study of economics – the big picture. It is the branch of economics that is concerned with the study of whole economies or systems. It may include aspects such as balance of payments, fiscal policy, government income and expenditure, investment, inflation and unemployment. It aims to obtain an understanding of the influence of all economic factors on each other and quantify and predict aggregate national income. Macroeconomics deals with such questions as: What impact does government policy have on the economy? What effect does international trade have on the economy? Why do business cycles exist? It is to be contrasted with microeconomics, which looks at economics at the level of companies or constituent parts of an economy."
Read more:
- Capstone Encyclopaedia of BusinessMacroeconomics. (2003). In CapstonePress, Capstone encyclopedia of business. Hoboken, NJ: Wiley.
Websites - Macroeconomics
Library Resources - Macroeconomics
An Encyclopedia of Macroeconomics by Call Number: Online BookISBN: 1845421809Publication Date: 2004-11-26
An Encyclopedia of Keynesian Economics by Call Number: Online BookISBN: 184980172XPublication Date: 2013-06-28
Routledge Dictionary of Economics by Call Number: Online BookISBN: 0415600383Publication Date: 2012-10-10
Poverty and the Government in America by Call Number: Online BookISBN: 1598841688Publication Date: 2009-09-01
The Princeton Encyclopedia of the World Economy by Call Number: Online BookISBN: 069112812XPublication Date: 2009-01-11
Central Banks Can Print Prosperity: A Debate
The U.S. Federal Reserve Launches an Aggressive Stimulus Program
How Is Money Created?
What Has Capitalism Done for Us Lately?
The Great Euro Crash
Give People Money by Call Number: 331.236 L921 (Fort Atkinson)ISBN: 1524758760Publication Date: 2018-07-10
End This Depression Now! by
The Great Recession is more than four years old—and counting. Yet, as Paul Krugman points out in this powerful volley, "Nations rich in resources, talent, and knowledge—all the ingredients for prosperity and a decent standard of living for all—remain in a state of intense pain." How bad have things gotten? How did we get stuck in what now can only be called a depression? And above all, how do we free ourselves? Krugman pursues these questions with his characteristic lucidity and insight. He has a powerful message for anyone who has suffered over these past four years—a quick, strong recovery is just one step away, if our leaders can find the "intellectual clarity and political will" to end this depression now.
Call Number: 330.973 K94E (Truax)ISBN: 0393345084Publication Date: 2013-01-28
Work Time by
Work Time is a sociological overview of a complex web of relations that shapes much of our experience of work and life yet often goes without critical examination. <br /><br />Cynthia Negrey examines work time past and present, exploring structural economic change and the gender division of labor to ask: what are the historical, cultural, public policy, and business sources of current work-time practices? Topics addressed include work-time reduction in the US culminating in the 40-hour statute of 1938, recent trends in annual and weekly hours, overtime, part-time work, temporary employment, work-family integration, and international comparisons. She focuses on the US in a global context and explores how a new political economy of work time is taking shape. <br /><br />This book brings together existing knowledge from sociology, anthropology, history, labor economics, and family studies to answer its central question and will change the way upper-level students think about the time we devote to work.
Call Number: 331.2570973 N385 TruaxISBN: 0745654266Publication Date: 2012-05-14
Zombie Economics by
In the graveyard of economic ideology, dead ideas still stalk the land. The recent financial crisis laid bare many of the assumptions behind market liberalism--the theory that market-based solutions are always best, regardless of the problem. For decades, their advocates dominated mainstream economics, and their influence created a system where an unthinking faith in markets led many to view speculative investments as fundamentally safe. The crisis seemed to have killed off these ideas, but they still live on in the minds of many--members of the public, commentators, politicians, economists, and even those charged with cleaning up the mess. In Zombie Economics, John Quiggin explains how these dead ideas still walk among us--and why we must find a way to kill them once and for all if we are to avoid an even bigger financial crisis in the future. Zombie Economics takes the reader through the origins, consequences, and implosion of a system of ideas whose time has come and gone. These beliefs--that deregulation had conquered the financial cycle, that markets were always the best judge of value, that policies designed to benefit the rich made everyone better off--brought us to the brink of disaster once before, and their persistent hold on many threatens to do so again. Because these ideas will never die unless there is an alternative, Zombie Economics also looks ahead at what could replace market liberalism, arguing that a simple return to traditional Keynesian economics and the politics of the welfare state will not be enough--either to kill dead ideas, or prevent future crises. In a new chapter, Quiggin brings the book up to date with a discussion of the re-emergence of pre-Keynesian ideas about austerity and balanced budgets as a response to recession.
Call Number: 330 Q6ISBN: 0691154546Publication Date: 2012-05-06
The American Way of Poverty by
A New York Times Notable Book of the Year Fifty years after Michael Harrington published his groundbreaking book. The Other America, in which he chronicled the lives of people excluded from the Age of Affluence, poverty in America is back with a vengeance. It is made up of both the long-term chronically poor and new working poor--the tens of millions of victims of a broken economy and an ever more dysfunctional political system. In many ways, for the majority of Americans, financial insecurity has become the new norm. The American Way of Poverty shines a light on this travesty. Sasha Abramsky brings the effects of economic inequality out of the shadows and, ultimately, suggests ways for moving toward a fairer and more equitable social contract. Exploring everything from housing policy to wage protections and affordable higher education, Abramsky lays out a panoramic blueprint for a reinvigorated political process that, in turn, will pave the way for a renewed War on Poverty. It is, Harrington believed, a moral outrage that in a country as wealthy as America, so many people could be so poor. Written in the wake of the 2008 financial collapse, in an era of grotesque economic extremes,The American Way of Poverty brings that same powerful indignation to the topic.
Call Number: 362.50973 AB161ISBN: 1568584601Publication Date: 2014-08-26
The 21st Century Economy by Call Number: DTEC 330.9 EP64ISBN: 0307387909Publication Date: 2009-04-07
This Changes Everything by
The most important book yet from the author of the international bestsellerThe Shock Doctrine, a brilliant explanation of why the climate crisis challenges us to abandon the core “free market” ideology of our time, restructure the global economy, and remake our political systems. In short, either we embrace radical change ourselves or radical changes will be visited upon our physical world. The status quo is no longer an option. In This Changes Everything Naomi Klein argues that climate change isn’t just another issue to be neatly filed between taxes and health care. It’s an alarm that calls us to fix an economic system that is already failing us in many ways. Klein meticulously builds the case for how massively reducing our greenhouse emissions is our best chance to simultaneously reduce gaping inequalities, re-imagine our broken democracies, and rebuild our gutted local economies. She exposes the ideological desperation of the climate-change deniers, the messianic delusions of the would-be geoengineers, and the tragic defeatism of too many mainstream green initiatives. And she demonstrates precisely why the market has not—and cannot—fix the climate crisis but will instead make things worse, with ever more extreme and ecologically damaging extraction methods, accompanied by rampant disaster capitalism. Klein argues that the changes to our relationship with nature and one another that are required to respond to the climate crisis humanely should not be viewed as grim penance, but rather as a kind of gift—a catalyst to transform broken economic and cultural priorities and to heal long-festering historical wounds. And she documents the inspiring movements that have already begun this process: communities that are not just refusing to be sites of further fossil fuel extraction but are building the next, regeneration-based economies right now. Can we pull off these changes in time? Nothing is certain. Nothing except that climate change changes everything. And for a very brief time, the nature of that change is still up to us.
Call Number: 363.73874 K641 (Truax)ISBN: 1451697392Publication Date: 2015-08-04
Inside Job (2011)
Provides an analysis of the global financial crisis of 2008. At a cost of over $20 trillion, it caused millions of people to lose their jobs and homes in the worst recession since the Great Depression and nearly resulted in a global financial collapse.
Capitalism: A Love Story (2010)
Filmmaker Moore examines the history of free-market capitalism in post-Reagan America and questions its efficacy as the basis for the nation's economy.
The Ascent of Money (2009)
Based on professor Niall Ferguson's best-selling book "The Ascent of Money: A Financial History of the World" in which he predicted the current economic crisis delves into how the complex system of global finance evolved over the centuries, how money has shaped the course of human affairs and how the mechanics of this economic system work to create seemingly unlimited wealth--or catastrophic loss.
Inequality for All (2014)
Examines economics professor and Clinton Administration cabinet member Robert Reich's crusade to expose the problem of income inequality in the United States. 1 videodisc (90 min.) Truax and Reedsburg, 330.973 I42 DVD
Library Databases
- Academic Search Complete (EBSCO) This link opens in a new window
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