Macroeconomics as a Second Language

Macroeconomics as a Second Language

by Olney, Martha L.

Type Book
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"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 …

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Title Statements

  • Full title :Macroeconomics as a Second Language / Martha L. Olney.

Summary

"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"--

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Edition Statements

  • Publication Date:©2011.

Publication Statements

  • Publisher(s):Wiley
  • Place of Publication:Hoboken, New Jersey
  • Language:eng
  • Publication Date:©2011.

Notes

Includes index.

The Physical Object

  • Description:xvi, 334 pages : : illustrations ; : 24 cm

Edition Identifiers

  • ISBN:9780470505380, 0470505389
  • oclc:ocn426813368
  • LC Classification:HB172.5
  • Dewey Decimal:339

Table of 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.

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