Demystifying Global Macroeconomics 3rd Edition by John E. Marthinsen – Ebook PDF Instant Download/Delivery: 978-1547417605, 1547417609
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Product details:
ISBN 10: 1547417609
ISBN 13: 978-1547417605
Author: John E. Marthinsen
Demystifying Global Macroeconomics (DGM) provides readers with a practical, working use of international macroeconomics. For serious business and political leaders, understanding the global interconnections in economic and financial markets is crucial for making informed and well-timed decisions. DGM takes the mystery out of seemingly complex economic interactions by providing an easy-to-understand framework within which to analyze the effects of economic, social, and political shocks to a nation’s economy.
John E. Marthinsen integrates the three major macroeconomic sectors, which are the credit market, goods and services market, and foreign exchange market. The author provides the reader with contemporary examples that virtually leap off the front pages of our daily news reports and confront business managers and politicians with choices and decisions to make. For example, DGM shows how to use macroeconomic tools and a global framework to analyze the effects of:
U.S. tariffs on China and China’s tariffs on the United States
Infrastructure spending
Speculative capital outflows from nations under stress, such as Argentina and Turkey, and speculative capital inflows into safe-haven countries, such as Switzerland
Demonetization in India
Successfully fighting the opioid abuse problem in the United States
Border adjustment tax
Monetary policies
Fiscal policies
Marthinsen keeps readers visually engaged with the strategic use of figures, tables, charts, and illustrative exhibits. Demystifying Global Macroeconomics emphasizes the interaction among markets and equips readers with a macroeconomic perspective that will last (and be used) for years.
If you are adopting this book for a teaching course, please contact [email protected] to request additional instructional material.
Table of contents:
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Introduction to International Macroeconomics
Part I: UNDERSTANDING A NATION’S ECONOMIC CONDITIONS
2. Taking an Economic Pulse: Measuring National Output
3. Monitoring Labor Market Conditions
4. Inflation, Real GDP, and Business Cycles
5. Inflation: Who Wins, and Who Loses?
Part II: REAL LOANABLE FUNDS MARKET
6. Monetary Aggregates: Measuring Money
7. Financial Intermediation, Market, and Intermediaries
8. The Power of Financial Institutions to Create Money
9. Who Controls the Money Supply and How?
10. The Economics of Virtual Currencies
11. Interest Rates and Why They Change
Part III: THE REAL GOODS SECTOR
12. Price and Output Fluctuations
13. Fiscal Policy and Automatic Stabilizers: What Managers Need to Know
Part IV: FOREIGN EXCHANGE MARKET
14. Basics of Foreign Exchange Markets
15. Exchange Rates: Why Do They Change?
16. Balance of Payments Fundamentals
Part V: SHORT-TERM ECONOMIC CHANGES: PUTTING IT ALL TOGETHER
17. Putting It All Together
18. Economic Shocks to Nations with Flexible Exchange Rates
19. Economic Shocks to Nations with Fixed Exchange Rates
20. Causes and Consequences of the Great Recession
Part VI: LONG-TERM ECONOMIC CHANGES
21. Causes of Long-Term Growth and Inflation
22. Long-Term Exchange Rate Movements and Comparative Advantage
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