Guide to Economic Indicators
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Home > Business and Economics Books > Economics > Guide to Economic Indicators: Making Sense of Economics(97 The Economist)
Guide to Economic Indicators: Making Sense of Economics(97 The Economist)

Guide to Economic Indicators: Making Sense of Economics(97 The Economist)


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About the Book

The ultimate resource for understanding and interpreting important economic figures Economic indicators are increasingly complicated to compute and comprehend. Yet in today's challenging economic environment, economic indicators are also more important than ever. This highly accessible seventh edition of the Guide to Economic Indicators presents the complicated subject of economic indicators in a conversational tone, helping readers to quickly gain an understanding of economic indicators, including why they're important, how to interpret them, and their reliability in predicting future economic performance. The book Describes how economic indicators can be manipulated to demonstrate almost any business cycle Examines how GDP, invisible balances, the terms of trade, and unemployment are used to interpret economic data Includes over ninety tables and charts Fully updated and revised, the Guide to Economic Indicators, 7th Edition is an invaluable resource for anyone searching for a clear explanation of the world's underlying economic realities.

Table of Contents:
List of tables. List of charts. 1 Interpreting economic indicators. 2 Essential mechanics. 3 Measuring economic activity. Omissions. Output, expenditure and income. Prices. Putting it in context. Reliability. 4 Growth: trends and cycles. Nominal GDP. GDP per head. Real GDP. GDP: output. GDP: expenditure. Productivity. Cyclical or leading indicators. 5 Population, employment and unemployment. Population. Labour or workforce. Employment. Unemployment and vacancies. 6 Fiscal indicators. Public expenditure. Government revenues. Budget balance, deficit, surplus. National debt; government or public debt. 7 Consumers. Personal income, disposable income. Consumer and personal expenditure, private consumption. Personal and household savings; savings ratio. Consumer confidence. 8 Investment and savings. Fixed investment and GDFCF. Investment intentions. Stocks (inventories). National savings, savings ratio. 9 Industry and commerce. Business conditions; indices and surveys. Industrial and manufacturing production. Capacity use and utilisation. Manufacturing orders. Motor vehicles. Construction orders and output. Housing starts, completions and sales. Wholesale sales or turnover, orders and stocks. Retail sales or turnover, orders and stocks. 10 The balance of payments. Accounting conventions. Exports of goods and services. Imports of goods and services. Trade balance, merchandise trade balance. Current-account balance. Capital- and financial-account flows. International investment position (IIP). Official reserves. External debt, net foreign assets. 11 Exchange rates. Nominal exchange rates. Special drawing rights (SDRs). EMU, ecu, ERM and euro. Effective exchange rates. Real exchange rates; competitiveness. Terms of trade. 12 Money and financial markets. Money supply, money stock, M0 ... M5, liquidity. Bank lending, advances, credit, consumer credit. Central bank policy rates. Interest rates; short-term and money-market rates. Bond yields. Yield curves, gaps and ratios. Real interest rates and yields. Share prices. 13 Prices and wages. Price indicators. Gold price. Oil prices. Commodity price indices. Export and import prices; unit values. Producer and wholesale prices. Surveys of price expectations. Wages, earnings and labour costs. Unit labour costs. Consumer or retail prices. House prices. Consumer or private expenditure deflators. GDP deflators. Appendix: Useful websites. Index.


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Product Details
  • ISBN-13: 9781118163184
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Edition: Revised edition
  • No of Pages: 256
  • Sub Title: Making Sense of Economics
  • ISBN-10: 1118163184
  • Publisher Date: 21 Sep 2011
  • Binding: Digital (delivered electronically)
  • Language: English
  • Series Title: 97 The Economist


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