Macroeconomics for Professionals
A Guide for Analysts and Those Who Need to Understand Them

Offers a guide to the concepts essential for understanding macroeconomic analysis and policies at a practical level.

Leslie Lipschitz (Author), Susan Schadler (Author)

9781316515891, Cambridge University Press

Hardback, published 24 January 2019

308 pages, 33 b/w illus.
23.5 x 15.6 x 2 cm, 0.6 kg

'The authors of this invaluable book are former economists at the International Monetary Fund. The book is written for professional economists and those who try to make sense of what they write. For such readers, it will show how to apply theoretical ideas and concepts to actual economies. It covers everything that matters in macroeconomics: the real economy, prices, monetary policy, fiscal policy, financial stability and the external accounts. Among potential users, frustrated students are likely to find it particularly helpful.' Martin Wolf, 'Summer books of 2019', Financial Times

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.

1. Introduction, motivation, and overview
2. Real economic activity
3. Inflation, relative prices, and expectations
4. Monetary policy and accounts
5. The fiscal system
6. Financial stability
7. The external accounts.

Subject Areas: International business [KJK], International trade [KCLT], International finance [KCLF], International economics [KCL], Macroeconomics [KCB]