Macroeconomics as a Second Language

The key to understanding macroeconomics for business professionals is to view it as a second language. Olney takes this innovative approach as he zeroes in on the concepts, assumptions, and models they’ll need to learn. Each chapter begins with the equations and graphs that will enable them to dive into the application of economic principles. Tip notes highlight tricks that will help them remember the material, and they’ll find common errors to avoid. They’ll also be able to test what they’ve learned by reviewing Try questions. This approach will allow business professionals to gain an intuitive understanding of economic ideas that they’ll be able use in the field.

Spis treści:
Chapter 1: Economics Tools – Math and Graphing.
Chapter 2: Production Possibilities Frontier, Economic Growth, and Gains from Trade.
Chapter 3: Demand and Supply.
Chapter 4: Measuring the Macroeconomy.
Chapter 5: Long–Run Economic Growth.
Chapter 6: Keynesian Cross.
Chapter 7: Aggregate Demand and Its Determinants.
Chapter 8: Spending Multiplier.
Chapter 9: Fiscal and Monetary Policy.
Chapter 10: Money Creation.
Chapter 11: Federal Reserve Policy.
Chapter 12: Inflation and Output: AS/AD Approach.
Chapter 13: Inflation and Output:  Monetary Policy & Phillips Curve Approach.
Chapter 14: Open Economy Macro.
Answers to all “TRY” Questions.
Index.