Macroeconomics in the Global Economy

Macroeconomics in the Global Economy
Author: Jeffrey Sachs
Publisher:
Total Pages: 808
Release: 1993
Genre: Business & Economics
ISBN:

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Takes an open economy approach to macroeconomics, and includes macro theory at work in Russia, Poland and Bolivia.* a focus throughout the book on the global economy and the international aspects of macroeconomics recognizes that all economies in the world are linked through international markets for goods, services, and capital. Open-economy models are used throughout the book. * the ways that countries differ in their important macroeconomic institutions (such as in the patterns of wage setting) are carefully examined, and then those institutional differences are related to observed differences in macroeconomic performance. * recent advances in macroeconomic theory are covered, particularly regarding the role of expectations; the intertemporal choices of households, firms, and the government; and the modern theory of economic policy, including the problems of time consistency and international policy coordination. * boxed features examine topics of interest including Social Security and Saving, The Central Bank and Politics, Currency Convertibility, The Sacrifice Ratio and the Reagan Disinflation, and Social Development and the Debt Crisis. * each chapter concludes with

Macroeconomics

Macroeconomics
Author: David Miles
Publisher: John Wiley & Sons
Total Pages: 626
Release: 2012-04-09
Genre: Business & Economics
ISBN: 111999571X

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Macroeconomics: Understanding the Global Economy, 3rd Edition is to help students – and indeed anyone – understand contemporary and past economic events that shape the world we live in, and at a sophisticated level. But it does so without focusing on mathematical techniques and models for their own sake. Theory is taken seriously – so much so that the authors go to pains to understand the key aspects of theories in a way that will not put people off before they see how theories are useful to analyse issues. The authors believe that theories are essential to better understand the world, thus the book includes a wealth of historic and current episodes and data to both see how theories can help interpret the world and also to judge their validity. Economies today are very inter-connected; what happens in China matters pretty much everywhere; and what happens in one (even small) country in the euro zone has implications for the whole euro area and beyond, consequently Macroeconomics, 3rd Edition adopts a very international focus.

Macroeconomics for Business

Macroeconomics for Business
Author: Lawrence S. Davidson
Publisher: Cambridge University Press
Total Pages: 337
Release: 2020-02-06
Genre: Business & Economics
ISBN: 1108470858

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Introduces domestic and global macroeconomic developments, policies, and data for business professionals and students with no background in economics.

International Macroeconomics in the Wake of the Global Financial Crisis

International Macroeconomics in the Wake of the Global Financial Crisis
Author: Laurent Ferrara
Publisher: Springer
Total Pages: 298
Release: 2018-06-13
Genre: Business & Economics
ISBN: 3319790757

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This book collects selected articles addressing several currently debated issues in the field of international macroeconomics. They focus on the role of the central banks in the debate on how to come to terms with the long-term decline in productivity growth, insufficient aggregate demand, high economic uncertainty and growing inequalities following the global financial crisis. Central banks are of considerable importance in this debate since understanding the sluggishness of the recovery process as well as its implications for the natural interest rate are key to assessing output gaps and the monetary policy stance. The authors argue that a more dynamic domestic and external aggregate demand helps to raise the inflation rate, easing the constraint deriving from the zero lower bound and allowing monetary policy to depart from its current ultra-accommodative position. Beyond macroeconomic factors, the book also discusses a supportive financial environment as a precondition for the rebound of global economic activity, stressing that understanding capital flows is a prerequisite for economic-policy decisions.

Demystifying Global Macroeconomics

Demystifying Global Macroeconomics
Author: John E. Marthinsen
Publisher: Walter de Gruyter GmbH & Co KG
Total Pages: 873
Release: 2020-02-10
Genre: Business & Economics
ISBN: 154740146X

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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.

Institutions, Macroeconomics, And The Global Economy

Institutions, Macroeconomics, And The Global Economy
Author: Rafael Di Tella
Publisher: World Scientific Publishing Company
Total Pages: 603
Release: 2005-09-05
Genre: Business & Economics
ISBN: 9813101970

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All managers face a business environment where international and macroeconomic phenomena matter. Understanding the genesis of financial and currency crises, stock market booms and busts, and social and labor unrest is a crucial aspect in making informed managerial decisions. Adverse macroeconomic phenomena can have a catastrophic impact on firm performance — witness the strong companies destroyed by the Mexican tequila crisis. Yet, at the same time, such episodes also create business opportunities — and not just for the hedge funds and speculators that profit from them. Managers that have and use a coherent framework for analyzing these phenomena will enjoy a competitive advantage.This book presents a series of case studies taught in the Harvard Business School course “Institutions, Macroeconomics, and the Global Economy.” The course addresses the opportunities created by the emergence of a global economy and proposes strategies for managing the risks that globalization entails.

Offshoring in the Global Economy

Offshoring in the Global Economy
Author: Robert C. Feenstra
Publisher: MIT Press
Total Pages: 159
Release: 2010
Genre: Business & Economics
ISBN: 0262013835

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Feenstra first contrasts the views of trade economists Paul Krugman and Edward Leamer, who both relied (to different ends) on the Heckscher-Ohlin model. He then examines the new type of trade model whereby the production processes transfer across countries.

Macroeconomics for Professionals

Macroeconomics for Professionals
Author: Leslie Lipschitz
Publisher: Cambridge University Press
Total Pages: 312
Release: 2019-01-23
Genre: Business & Economics
ISBN: 1108568467

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Understanding macroeconomic developments and policies in the twenty-first century is daunting: policy-makers face the combined challenges of supporting economic activity and employment, keeping inflation low and risks of financial crises at bay, and navigating the ever-tighter linkages of globalization. Many professionals face demands to evaluate the implications of developments and policies for their business, financial, or public policy decisions. Macroeconomics for Professionals provides a concise, rigorous, yet intuitive framework for assessing a country's macroeconomic outlook and policies. Drawing on years of experience at the International Monetary Fund, Leslie Lipschitz and Susan Schadler have created an operating manual for professional applied economists and all those required to evaluate economic analysis.

Institutions, Macroeconomics, and the Global Economy Casebook

Institutions, Macroeconomics, and the Global Economy Casebook
Author: Rafael Di Tella
Publisher: World Scientific Publishing Company Incorporated
Total Pages: 593
Release: 2005-01-01
Genre: Business & Economics
ISBN: 9789812563378

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All managers face a business environment where international and macroeconomic phenomena matter. Understanding the genesis of financial and currency crises, stock market booms and busts, and social and labor unrest is a crucial aspect in making informed managerial decisions. Adverse macroeconomic phenomena can have a catastrophic impact on firm performance ? witness the strong companies destroyed by the Mexican tequila crisis. Yet, at the same time, such episodes also create business opportunities ? and not just for the hedge funds and speculators that profit from them. Managers that have and use a coherent framework for analyzing these phenomena will enjoy a competitive advantage. This book presents a series of case studies taught in the Harvard Business School course ?Institutions, Macroeconomics, and the Global Economy.? The course addresses the opportunities created by the emergence of a global economy and proposes strategies for managing the risks that globalization entails.

Macroeconomics in Context

Macroeconomics in Context
Author: Neva Goodwin
Publisher: Routledge
Total Pages: 496
Release: 2015-03-12
Genre: Business & Economics
ISBN: 1317465741

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Macroeconomics in Context lays out the principles of macroeconomics in a manner that is thorough, up to date, and relevant to students. Like its counterpart, Microeconomics in Context, the book is attuned to economic realities--and it has a bargain price. The in Context books offer affordability, engaging treatment of high-interest topics from sustainability to financial crisis and rising inequality, and clear, straightforward presentation of economic theory. Policy issues are presented in context--historical, institutional, social, political, and ethical--and always with reference to human well-being.