Everyone, at the personal and commercial levels, feels exposure to risks more viscerally after September 11, 2001. This volume introduces the new worlds of risk and risk management, while retaining the previous editions' clear and easy-to-grasp explanations of complex material

Macroeconomics: Theories and Policies examine and analyse the performance of the economy as a whole. Macroeconomics is the branch of economics that deals with the study of the economy as a whole, including national income, employment, inflation, and monetary policy. It plays a critical role in shaping the economic policies of governments, central banks, and other institutions around the world. The aim of this book is to provide an in-depth understanding of the various concepts and theories of macroeconomics.

This text offers a balance of theory, economic policy and real-world data. It covers open-economy (international) aspects of macroeconomics, as well as micro-foundations of macroeconomic theory. It also presents even-handed views of the major schools of thought in macroeconomics