Macroeconomic Policy Environment, 2/e: An Analytical Guide for Managers

"Macroeconomic Policy Environment is meant for professional managers, both in public and private sectors, who have little or no background in economics, but have to face, on a regular basis, the challenges posed by a rapidly changing macroeconomic policy environment. The book attempts to provide an understanding of how macroeconomic policies work and, in turn, how they impact the business environment. It adopts a uniquely practical approach to explain various aspects by deliberately avoiding jargon, diagrams and equations. Instead, a ‘story’ mode has been in-built for simplifying concepts. The second edition has been updated with empirical data as recent as 2009-2010. Additionally: •Topics like global economic and financial meltdown, the Union budget 2010-11, crisis in Greece have been discussed in detail. •IS-LM model has been added. •Changes and new frameworks in macroeconomics have been discussed."

"Dr. Shyamal Roy is a Professor of Economics at Indian Institute of Management, Bangalore (IIMB). Before joining IIMB, Dr. Roy worked in various capacities at the World Bank in Washington DC, FAO in Rome, International Food Policy Research Institute (IFPRI) at Washington DC and the Brookings Institution in Washington DC. Dr. Roy has many publications to his credit. The World Bank, IFPRI, Brookings Institution and leading national and international journals have published his work. His research interest is in the area of Economic Policy. He teaches Macroeconomic Theory and International Business to masters and Ph.D. level students at IIMB. Additionally, he lectures in various companies on macroeconomic issues and provides consultancy services on policy matters to the corporate sector and the government. Dr. Roy has held key positions in academic administration, including, as Academic Dean and member, Board of Governors, IIMB. He is an MA (Economics) from Delhi University and Ph.D (Agri.Econ) from the University of Missouri, Columbia, USA."