Macroeconomic analysis - from theory to application

This unique publication represents a comprehensive source of both basic and advanced knowledge, focusing on mainstream and alternative theoretical concepts and tools used in the analysis of economic development and the creation of macroeconomic forecasts. It makes it easier for readers to work with empirical data and evaluate them, thereby contributing to a better understanding of economic processes in historical, spatial, internal and external contexts. The book is based on examples from the Czech Republic and European Union countries, as well as a broader international comparison.
The publication uses the System of National Accounts (ESA 2010) and related manuals, such as BMP6 for balance of payments or IMF GFSM 2014 for government finance. It addresses key areas, such as production, Consumption, economic growth, public finances, labor market, investment or foreign trade. The reader will learn to analyze economic processes and understand their causes and connections based on commonly available statistical data.
The book is intended for students, economic researchers, analysts, managers, journalists and politicians, who participate in economic policy decision-making.