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Book Cover
E-book

Title Back to basics : economic concepts explained
Published [Washington, DC] : [International Monetary Fund], [2017]
©2017

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Description 1 online resource (v, 77 pages) : color illustrations
Contents Foreword / Maurice Obstfeld -- I. The big picture. What is capitalism? / Sarwat Jahan, Ahmed Saber Mahmud -- What is Keynesian economics? / Sarwat Jahan, Ahmed Saber Mahmud, Chris Papageorgiou -- Micro and macro: the economic divide / C. Chris Rodrigo -- Economic models: simulations of reality / Sam Ouliaris -- Econometrics: making theory count / Sam Ouliaris -- Supply and demand: why markets tick / Irena Asmundson -- Gross domestic product: an economy's All / Tim Callen -- Monetarism: money is where it's at / Sarwat Jahan, Chris Papageorgiou -- II. How economies function. What is direct investment? / Tadeusz Galeza and James Chan -- The output gap: veering from potential / Sarwat Jahan, Ahmed Saber Mahmud -- Structural policies: fixing the fabric of the economy / Khaled Abdel-Kader -- Money: at the center of transactions / Irena Asmundson, Ceyda Oner -- Price : the language of exchange / Irena Asmundson -- Inflation: prices on the rise / Ceyda Oner -- Unemployment: the curse of joblessness / Ceyda Oner
Recession: when bad times prevail / Stijn Claessens, M. Ayhan Kose -- Fiscal policy: taking and giving away / Mark Horton, Asmaa El-Ganainy -- Externatlities: prices do not capture all costs / Thomas Helbling -- International trade: commerce among nations / Brad McDonald -- What are exchange rates? / Luis A.V. Catáo -- Purchasing power parity: weights matter / Tim Callen -- Capital accounts: liberalize or not? / M. Ayhan Kose, Eswar Prasad -- Current account deficits: is there a probliem? / Atish Ghosh, Uma Ramakrishnan -- III. Finance. Shadow banks: out of the eyes of regulators / Laura E. Kodres -- LIBOR: world reference point / John Kiff -- Banks: at the heart of the matter / Jeanne Gobat -- What are money markets? / Randall Dodd -- Markets: exchange or over the counter / Randall Dodd -- IV. Economics in action. Fianancial services: getting the goods / Irena Asmundson -- Strategic thinking / Sarwat Jahan, Ahmed Saber Mahmud -- Taxes in practice / Ruud de Mooij, Michael Keen -- Taxing principles / Ruud de Mooij, Michael Keen -- Inflation targeting: holding the line / Sarwat Jahan -- Regressions: and exonomist obsession / Rodney Ramcharan -- What are remittances? / Dilip Ratha
Summary The "Back to Basics" feature has been a mainstay of the IMF's Finance & Development magazine since 2003. It aims to explain basic concepts for the non-specialist. We have revisited the series, updating and revising where needed, and compiling the most relevant Back to Basics stories in one place. The series is ongoing and we will add new "Back to Basics" stories as they appear in the magazine
Bibliography Includes bibliographical references
Notes Print version record
Subject Economics -- Terminology
Economics -- Popular works
Economics
Genre/Form Popular works
Terminology
Form Electronic book
Author International Monetary Fund, publisher.
ISBN 1498308945
9781498308946
Other Titles At head of title: F & D finance and development