Publisher's Synopsis
If you read only one book on the economy, this should be it. The Australian Economy 2 provides all the background you need in order to understand the business pages of the newspaper and the major economic debates.
Fully up to date, it explains the reasons for our continuing high levels of unemployment, government expenditure cuts and the impact of our high foreign debt. It shows you how to understand the key economic indicators such as the CPI and the BOP, and explains the policy options available to the government.
The first version of The Australian Economoy was widely read by both general readers and students. This second volume has been thoroughly revised and includes new chapters on public expenditure, the Australian labour market, income distribution and the environment.
With contributions from leading economists including Michael Common, Steve Dowrick, Peter Groenewegen, Colm Kearney, John Nevile and Peter Saunders, The Australian Economy 2 is essential reading for anyone who wants to understand the workings of our economy.
