The Macroeconomy

Bob Sedgwick

Chapter 1 in Understanding the UK Economy, 1990, pp 19-68 from Palgrave Macmillan

Abstract: Abstract In the course of this book we will be examining a great many facets of the aggregate economy. Certain of these require detailed consideration, and hence have an entire chapter given over to their analysis. A number, however, require less detailed treatment, and it is our main purpose in Chapter 1 to bring them together at an early stage in our overall discussion. Whilst this necessarily means that Chapter 1 is less cohesive than those that follow, it is important to see its component parts as part of a ‘macroeconomic jigsaw puzzle’, which cannot fully be appreciated until every piece is put into its alloted place.

Keywords: Gross Domestic Product; Money Supply; Aggregate Demand; Gross National Product; Real Gross Domestic Product (search for similar items in EconPapers)
Date: 1990
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DOI: 10.1007/978-1-349-20586-8_2

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