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  • © 2009

Macroeconomic Policy

Demystifying Monetary and Fiscal Policy

  • Second edition incorporates greater open-economy approach to macroeconomic analysis and employs a much more global focus
  • Readers can practice relating macroeconomic theory to real-world events using specially written articles contained in the book designed to simulate current macroeconomic news
  • Existing cases and articles have been rewritten for the second edition, and new ones were added to reflect the current state of the major economies and their macropolicies
  • Recent issues including the rollercoaster ride of the dollar, hyperinflation in Zimbabwe of the late 2000's, causes and consequences of hot capital flows in Iceland, the trade-deficit-capital-inflow relationship with China, and the subprime saga are included as new articles
  • The "technology-driven new economy" and supply-side policy analyses for the US and the Eurozone are emphasized
  • Includes supplementary material: sn.pub/extras

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Hardcover Book USD 54.99
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  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
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Table of contents (11 chapters)

  1. Front Matter

    Pages I-XIX
  2. Introduction and Overview of the Second Edition

    • Farrokh K. Langdana
    Pages 1-6
  3. National Income Accounts

    • Farrokh K. Langdana
    Pages 7-22
  4. ISLM: The Engine Room

    • Farrokh K. Langdana
    Pages 131-158
  5. The Classical Model

    • Farrokh K. Langdana
    Pages 159-174
  6. The Keynesian Model

    • Farrokh K. Langdana
    Pages 175-205
  7. The Supply-Side Model and the New Economy

    • Farrokh K. Langdana
    Pages 207-243
  8. Central Banks and Monetary Policy

    • Farrokh K. Langdana
    Pages 245-279
  9. Back Matter

    Pages 281-286

About this book

Macroeconomic policy is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies. MBA and Executive MBA students who appreciate the importance of monetary and fiscal analysis will find this text to be right on target. Financial analysts and individual investors who need to strip away economic myths and jargon and systematically examine and understand the effects of macro policies on variables such as inflation, output, employment and interest rates, will also find the book extremely useful.

A unique feature of this book is the extensive use of specially written "newspaper" articles designed to simulate current macroeconomic news. Each chapter contains exercises that enable the reader to relate specific underlined passages in these articles to the theory presented in preceding chapters. This distinctive approach ensures real-world applicability, and supporting diagrams further enable the reader to relate current economic news to the theoretical material discussed.

Authors and Affiliations

  • Rutgers Business School, Rutgers University, Newark, USA

    Farrokh K. Langdana

Bibliographic Information

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access