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This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective – incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.
From the Back Cover:
Macroeconomic Policy 2nd Edition 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.
This edition incorporates a greater open-economy approach to macroeconomic analysis and employs a much more global focus:
"Macroeconomic Policy is a lively and informative introduction to the diverse doctrines of macroeconomic theory."
Prof. Robert E. Lucas, Jr., Recipient of the 1995 Nobel Prize in Economics
"The notion of allowing the reader the freedom of choice between the Keynesian and Supply-Sider models for developed economies is fresh and radically different from most conventional macroeconomic texts. In addition, it is an honest approach...given that policymakers...still make policy based on assumptions behind each paradigm."
Dr. W. Michael Cox, Senior Vice President and Chief Economist, Federal Reserve Bank of Dallas, and co-author of Myths of Rich and Poor
Title: Macroeconomic Policy: Demystifying Monetary ...
Book Condition: New
Book Description Springer. Hardcover. Condition: Good. A copy that has been read, but remains in clean condition. All pages are intact, and the cover is intact. The spine may show signs of wear. Pages can include limited notes and highlighting, and the copy can include previous owner inscriptions. At ThriftBooks, our motto is: Read More, Spend Less. Seller Inventory # G0387776656I3N00
Book Description Springer, 2009. Condition: Good. A+ Customer service! Satisfaction Guaranteed! Book is in Used-Good condition. Pages and cover are clean and intact. Used items may not include supplementary materials such as CDs or access codes. May show signs of minor shelf wear and contain limited notes and highlighting. Seller Inventory # 0387776656-2-4
Book Description Springer, 2009. Hardcover. Condition: Used: Good. Seller Inventory # SONG0387776656
Book Description Springer, 2009. Condition: New. book. Seller Inventory # M0387776656
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Book Description Springer, 2009. Hardcover. Condition: Near Fine. 2nd Edition. 286 pages in excellent condition. With many figures. Yellow/blue glossy hardcovers with white titles. Almost no wear. NEAR FINE. Seller Inventory # 216280
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Book Description Springer. Condition: Very Good. "No writing, highlighting or creases. Binding tight. Clean cover with light surface wear & small corner bumps. Textbook only, no supplements. [#66567]. Seller Inventory # 66567-Macr