Financial markets

What do markets do? Financial markets take many different forms and operate in diverse ways Price setting. The value of an ounce of gold or a share of stock is no more, and no less, than what someone is willing to pay to own it. Markets provide price discovery, a way to determine the relativeContinue reading “Financial markets”

Macroeconomics summary

Resume of Gregory Mankiw Macroeconomics, 7th Edition Macroeconomics is the study of the economy as a whole, including growth in incomes, changes in prices, and the rate of unemployment. Macroeconomists attempt both to explain economic events and to devise policies to improve economic performance. Economists use many types of data to measure the performance ofContinue reading “Macroeconomics summary”

Test for book review

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