Demystifying Global Macroeconomics

Demystifying Global Macroeconomics presents macroeconomics in the context of models for decision-making and offers a strategic business focus using business applications, concrete business examples, and an approach to macroeconomic theory via markets. It demonstrates how macroeconomics can help leaders make better business decisions.

John E. Marthinsen integrates the three major macroeconomic sectors (the real goods market, real loanable funds market, and foreign exchange market) in a user-friendly way. The author provides the reader an understanding of practical "big picture" concepts, nurtures an understanding of what causes macroeconomic variables to change, and relates these changes to issues confronting managers. He uses real world business examples to show how economic shocks, such as monetary and fiscal policies or shifts in international capital flows, affect management decisions. Keeping 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.