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Macroeconomics: Understanding the Wealth of Nations, 2nd Edition (Paperback)

by David Miles (Author), Andrew Scott (Author) "Most books begin by defining their subject ..." (more)

5.0 out of 5 stars See all reviews (3 customer reviews)

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Product details

Paperback: 632 pages
Publisher: John Wiley & Sons; 2nd Edition edition (24 Sep 2004)
ISBN-10: 0470868929
ISBN-13: 978-0470868928
Product Dimensions: 22.4 x 18.5 x 2.8 cm

Average Customer Review: 5.0 out of 5 stars See all reviews (3 customer reviews)

Amazon.co.uk Sales Rank: 115,492 in Books (See Bestsellers in Books)

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Review

"..a much needed textbook to help them stay interested...a great way to get serious about economics without losing yourself in equations.." (Management Today, December 2001)

"..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..." (Economic Outlook and Business Review, March 2002) --This text refers to an out of print or unavailable edition of this title.

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..." --This text refers to an out of print or unavailable edition of this title.

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9 of 9 people found the following review helpful:

5.0 out of 5 stars a non technical introduction to macroeconomics, 9 Sep 2003

By	AAA "Valuethinker" (London, UK) - See all my reviews

This review is from: Macroeconomics: Understanding the Wealth of Nations (Paperback)

Macro textbooks tend to run in 2 flavours: 1). the highly technical and mathematical, where for most students the effort to read the book obscures the actual learning 2). the trivial and simplistic. This book by Miles and Scott manages to avoid either pitfall. Mathematics is kept to a minimum (there is no differential calculus in the main body of the text) and the focus is on logical analysis and 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 small niggle: the data (a huge feature of the book is a vast amount of relevant and 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 and a per cent. of investment on the next table. This can make it slightly frustrating to read.

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

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

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6 of 6 people found the following review helpful:

5.0 out of 5 stars Superb guide of how money indeed makes the world go round, 30 Aug 2002

By	buddingpasha "A multilateralist" (London, United Kingdom) - See all my reviews

This review is from: Macroeconomics: Understanding the Wealth of Nations (Paperback)

I always thought I would be bored to death by a book on macroeconomics. I was wrong. This is an interesting and suprisingly readable guide to macroeconomics. The many graphics are very clear and 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

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1 of 1 people found the following review helpful:

5.0 out of 5 stars Excellent Macroeconomics Book, 8 Sep 2003

By	"aj499" - See all my reviews

This review is from: Macroeconomics: Understanding the Wealth of Nations (Paperback)

This book is quite simply excellent. Clear yet thorough explanations of all aspects of your typical first university module in Macroeconmics. A must read for anyone studying Economics or Finance.

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