Macroeconomics for Business
The Manager's Way of Understanding the Global Economy

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

Lawrence S. Davidson (Author), Andreas Hauskrecht (Author), Jürgen von Hagen (Author)

9781108456753, Cambridge University Press

Paperback / softback, published 6 February 2020

350 pages, 102 b/w illus. 102 colour illus. 47 tables
24.6 x 19 x 1.4 cm, 0.65 kg

'Davidson, Hauskrecht, and von Hagen provide a modern and thorough approach to macroeconomics, loaded with go-to time-series indispensable for managers, policy-makers, and researchers alike. They also develop a simple and elegant common model that carries across chapters, ideal for Business-oriented Master's programs. With emphasis on an ever more global business arena, Macroeconomics for Business is a unique blend of currency in the field and theoretical parsimony for a data-driven world.' Luis Portes, Montclair State University

Interpreting and applying macroeconomic analysis to the global economic environment and understanding the tools used to do so is fundamental to making good managerial decisions. Presuming no background in economic theory and prioritizing international application, this textbook introduces macroeconomics to business students. It explains how to understand domestic and global macroeconomic developments, policies, and data, and makes extensive use of case studies and data sets to present modern macroeconomics in a globalized world. Each chapter has several specific data exercises and practices as well as an international application focusing on the global perspective. By providing a host of international material, this book is useful for instructors and students around the globe.

Preface
List of figures
List of tables
List of boxes
A note to the reader
1. Macroeconomic concepts and indicators
2. Aggregate demand
3. Aggregate supply and short-run equilibrium
4. Monetary policy and aggregate demand
5. Fiscal policy and aggregate demand
6. Monetary and fiscal policy in the long run
7. Economic growth
8. International trade, exchange rates and capital flows
9. Free trade and protectionism
Index.

Subject Areas: International business [KJK], Business studies: general [KJB], Macroeconomics [KCB]