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.
About the author
John N. Grant, a native of Guysborough, NS, is a graduate of St. Francis Xavier University, the University of New Brunswick, Dalhousie University and the University of Toronto. He taught in the public school system, was a Research Associate of the Atlantic Institute of Education, a professor at the Nova Scotia Teachers College, and retired from St. Francis Xavier University. He is a member of the Board of Historic Sherbrooke Village, the Little White Schoolhouse Museum, the Royal Nova Scotia Historical Society, the Nova Scotia Teachers College Foundation, and was a member and later Chair of the Board of the Public Archives of Nova Scotia. He has published articles and books on African-Nova Scotian history, the history of academic costume in Nova Scotian universities, the history of education, and local history. He has been interested in the Mystery Fleet since he was first told the story by the then elderly Captain Byron Scott in Sherbrooke, NS, fifty years ago.