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Macroeconomics for Managers
Date: 24-01-2019, 09:51 | Author: creativelivenew | Favorites: |

Macroeconomics for Managers
Macroeconomics for Managers By
2003 | 837 Pages | ISBN: 140510144X | PDF | 6 MB

This text offers business school students an excellent practical explanation of the short-term linkages in the macroeconomic arena. While the underlying theoretical constructs are not ignored, emphasis is placed on the empirical underpinnings and managerial implications of macroeconomics. The text begins by introducing key concepts such as the GDP, National and Personal Income, and the various measures of inflation and unemployment. Building on this foundation it then analyzes the following aspects of macroeconomics: aggregate supply and demand, international financial markets, cyclical fluctuations, policy analysis, and forecasting. Engages the reader with detailed case studies and "Manager's Briefcase" discussions. Focuses on the short-term linkages in macroeconomics. Uses an empirically oriented approach, while also explaining underlying theoretical constructs. Includes chapter summaries, key concepts, and practice questions.Lecturer resources available at

Chapter One The Importance of Macroeconomics (pages 3-27): Chapter Two National Income and Product Accounts (NIPA) (pages 28-64): Chapter Three Key Data Concepts: Inflation, Unemployment, and Labor Costs (pages 65-104): Chapter Four The Consumption Function (pages 107-150): Chapter Five Investment and Saving (pages 151-194): Chapter Six Determination of Interest Rates and Introduction to Monetary Policy (pages 195-233): Chapter Seven Joint Determination of Income and Interest Rates: the IS/LM Diagram (pages 234-266): Chapter Eight Causes of and Cures for Inflation (pages 269-315): Chapter Nine Why High Unemployment Persists (pages 316-362): Chapter Ten Aggregate Supply, the Production Function, and the Neoclassical Growth Model (pages 363-398): Chapter Eleven Basic Determinants of Exports and Imports (pages 303-444): Chapter Twelve International Financial Markets and Foreign Exchange Policy (pages 445-486): Chapter Thirteen The Mundell?Fleming Model: Joint Determination of Output, Interest Rates, Net Exports, and the Value of the Currency (pages 487-516): Chapter Fourteen Case Studies in International Trade (pages 517-558): Chapter Fifteen Business Cycles (pages 561-604): Chapter Sixteen Cyclical Fluctuations in Components of Aggregate Demand (pages 605-642): Chapter Seventeen Financial Business Cycles (pages 643-680): Chapter Eighteen Fiscal Policyand its Impact on Productivity Growth (pages 683-718): Chapter Nineteen Monetary Policyand its Impact on Inflation and Growth (pages 719-750): Chapter Twenty Macroeconomic Forecasting: Methods and Pitfalls (pages 751-787):

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