Macroeconomics for MBAs and Masters of Finance

An innovative textbook that provides a concise explanation of the foundations of modern macroeconomic theory and its methods.

Morris A. Davis (Author)

9780521762472, Cambridge University Press

Hardback, published 12 November 2009

246 pages, 25 tables
22.9 x 15.5 x 1.5 cm, 0.52 kg

'Morris Davis' book is a dramatic improvement on what is currently available for teaching aggregate economics to MBAs and advanced undergraduates. It contains important sections on asset prices and trade. This book will provide business students with the solid knowledge of macroeconomic fundamentals they will need to succeed in today's globalized economy.' Edward C Prescott, Arizona State University, Nobel Laureate 2004

Using a rigorous and concise framework, this book teaches the foundations of modern macroeconomic theory and its methods. It is ideally suited for students taking a first graduate course in macroeconomics as part of an MBA, finance, or economics degree. The book explains recent advances of modern macroeconomic theory with respect to growth, business cycles, and asset pricing by focusing on aspects of firm and household behavior that are embedded in modern macroeconomic studies. Throughout the book data issues are discussed in detail: where to find the data, how to download it, and the correspondence of data with model predictions. The mathematical level assumes that students have taken a course in calculus. With its emphasis on dynamic inter-temporal macroeconomics and the use of data, the book provides students with a core toolkit that will equip them both for more advanced study and for professional careers as economists.

List of figures
List of tables
Preface
Foreword
1. GDP and inflation
2. Firms and growth
3. Households and asset pricing
4. Trade
5. Business cycles
6. Monetary policy
Appendix. Math
Index.

Subject Areas: Finance [KFF], Finance & accounting [KF], Macroeconomics [KCB]