Overview
- 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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Table of contents (11 chapters)
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Front Matter
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Back Matter
Keywords
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
Bibliographic Information
Book Title: Macroeconomic Policy
Book Subtitle: Demystifying Monetary and Fiscal Policy
Authors: Farrokh K. Langdana
DOI: https://doi.org/10.1007/978-0-387-77666-8
Publisher: Springer New York, NY
eBook Packages: Business and Economics, Economics and Finance (R0)
Copyright Information: Springer-Verlag US 2009
Hardcover ISBN: 978-0-387-77665-1Published: 27 February 2009
Softcover ISBN: 978-1-4419-4596-9Published: 05 November 2010
eBook ISBN: 978-0-387-77666-8Published: 05 April 2009
Edition Number: 2
Number of Pages: XX, 288
Topics: Macroeconomics/Monetary Economics//Financial Economics, Finance, general, Economic Policy, History of Economic Thought/Methodology