Product Description

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..."

Product Details

• Amazon Sales Rank: #105240 in Books
• Published on: 2004-09-24
• Binding: Paperback
• 632 pages

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)

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..."

Synopsis
This is a 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...".

Customer Reviews

a non technical introduction to macroeconomics
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!)

Excellent Macroeconomics Book
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.

Superb guide of how money indeed makes the world go round
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