Title:
Macroeconomics as a Second Language
Author:
Olney, Martha L., 1956- author.
ISBN:
9780470505380
Personal Author:
Publication Information:
Hoboken, New Jersey : Wiley, ©2011.
Physical Description:
xvi, 334 pages : illustrations ; 24 cm
General Note:
Includes index.
Contents:
Part 1. Basics. Economics tools-math and graphing -- Production possibilities frontier, economic growth, and gains from trade -- Demand and supply -- Measuring the macroeconomy -- Part 2. The long run. Long-run economic growth -- Part 3. Keynesian principles. Keynesian cross -- Aggregate demand -- The spending multiplier -- Part 4. Policy. Macroeconomic policy: the overview -- Fiscal policy -- Money creation -- The money market -- Monetary policy and interest rates -- Part 5. Inflation and output. Inflation and output: the AS/AD approach -- Inflation and output: the monetary policy approach -- Part 6. The open economy. Open economy macroeconomics -- Answers to "TRY" questions.
Abstract:
"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"-- Provided by publisher.
Electronic Access:
Cover image http://catalogimages.wiley.com/images/db/jimages/9780470505380.jpg