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Macroeconomics as a Second Language

Macroeconomics as a Second Language

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  • ISBN:9780470505380
  • Editorial: Wiley & Sons Ltd.
  • Fecha de la edición:
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  • Dimensiones: 0 cm x 0 cm
  • Nº Pág.:334
  • Idiomas:Inglés,Ingles

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The key to understanding macroeconomics for business professionals is to view it as a second language. Olney takes this innovative approach as he zeroes in on the concepts, assumptions, and models they'll need to learn. Each chapter begins with the equations and graphs that will enable them to dive into the application of economic principles. Tip notes highlight tricks that will help them remember the material, and they'll find common errors to avoid. They'll also be able to test what they've learned by reviewing Try questions. This approach will allow business professionals to gain an intuitive understanding of economic ideas that they'll be able use in the field.

Chapter 1: Economics Tools - Math and Graphing Chapter 2: Production Possibilities Frontier, Economic Growth, and Gains from Trade Chapter 3: Demand and Supply Chapter 4: Measuring the Macroeconomy Chapter 5: Long-Run Economic Growth Chapter 6: Keynesian Cross Chapter 7: Aggregate Demand and Its Determinants Chapter 8: Spending Multiplier Chapter 9: Fiscal and Monetary Policy Chapter 10: Money Creation Chapter 11: The Money Market and Interest Rates Chapter 12: Inflation and Output: AS/AD Approach Chapter 13: Inflation and Output: Monetary Policy & Taylor Rule Approach Chapter 14: Open Economy Macroeconomics Answers to all "TRY" Questions Index

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