Cover image for A handbook of economic indicators
Title:
A handbook of economic indicators
Author:
Grant, John, 1938-
Personal Author:
Edition:
Second edition.
Publication Information:
Toronto : University of Toronto Press, [1999]

©1999
Physical Description:
ix, 170 pages : illustrations ; 23 cm
Language:
English
ISBN:
9780802008787

9780802078636
Format :
Book

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HC113 .G72 1999 Adult Non-Fiction Central Closed Stacks
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Summary

Summary

Every day brings new reports and statistics on the economy, but most of us find it difficult to fit these indicators together to form a coherent picture. This book should help non-economists, whether journalists, managers, students, or investors, to do just that.

Nine chapters explain in straightforward terms the role of households, businesses, governments, and foreign interests in the economy, and how their economic activities are measured. The author clearly describes the 'how' and 'why' of monetary and fiscal policies, and their interactions. One chapter explains how wages and employment are determined.

The last two chapters look at the major Canadian and U.S. economic indicators, such as the consumer price index, housing starts, and employment data. What information do they contain? When are they released? What website can they be found at? How reliable are they? What is their significance? The author helps the reader weigh the information in the indicators in order to anticipate economic developments.

For the businessperson who needs to understand the economy's impact on the 'bottom line', for the student who wants to bridge the gap between theory and the 'real world', for the individual who wants to make better investment decisions, this handbook provides clear, concise guidance.


Reviews 1

Choice Review

Grant, now at the Rotman School of Management, Univ. of Toronto, was for many years the chief economist for Woody Gundy, one of the major brokers and underwriters in Canada. Grant established a solid reputation for forecasting economic conditions and explaining day-to-day events in a clear and precise way. This book (1st ed., CH, Oct'92) is an offshoot of that work. In ten concise chapters the author covers the basics of the Canadian economy, providing an introduction to the subject; for example he describes the household sector as it pertains to the Canadian economy and then explains the major indicators relevant to that sector and how these economic activities are measured. Grant does not assume the reader has a PhD in economics; he writes in a style that will be clear and accessible to students and informed general readers. The final two chapters cover the major US and Canadian data sets, complete with their Internet addresses. For anyone working in Canadian financial markets this is a must for the desktop. Also a must for undergraduate Canadiana collections. D. E. Bond; University of British Columbia