Macroeconomic Policy Demystifying Monetary and Fiscal Policy [Paperback]

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.

This is the second edition of the applications-oriented text designed for those looking for a hands-on approach to analyzing the effects of fiscal and monetary policies. It is useful for MBA students and financial analysts who want to get beyond the jargon.

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.