1st Edition

International Macroeconomics for Business and Political Leaders





ISBN 9780367788193
Published March 31, 2021 by Routledge
122 Pages

USD $22.95

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Book Description

International Macroeconomics for Business and Political Leaders explains the fundamentals of international macroeconomics in a very efficient and approachable text. It explores key macro concepts such as growth, unemployment, inflation, interest, and exchange rates. Crucially, it also examines how these markets are interconnected so that readers will fully understand why economic, political, and social shocks to nations, such as the United States, China, Germany, Japan, and Brazil, must be evaluated in the context of all three macroeconomic markets: goods and services, credit, and foreign exchange.



This book is as relevant and useful to individuals who have successfully taken and passed a Principles of Economics course, or more, as it is to those who have never taken any economics in high school or college but are motivated to understand the way international economies act and react. It uses an innovative approach to teach supply and demand principles, without using graphs, so as to be understandable and accessible to any interested reader or audience. This is not a theory-for-theory’s-sake textbook but a practice-oriented, common-sense approach to explaining international macroeconomics which quickly connects readers to real world events.

Table of Contents

Chapter 1: Measures of Economic Health





Chapter 2: Two Important Keys That Unlock International Macroeconomics





Chapter 3: Goods and Services Market





Chapter 4: Fiscal Policy





Chapter 5: Foreign Exchange Market





Chapter 6: Balance of Payments





Chapter 7: An Overview of Financial Markets





Chapter 8: Credit Market





Chapter 9: Money, Banking, and Central Banks





Chapter 10: Central Bank Tools and Monetary Policy





Chapter 11: Putting It All Together





Chapter 12: Conclusion

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Author(s)

Biography

John E. Marthinsen is Professor of Economics and International Business at Babson College in Babson Park, MA, where he holds The Distinguished Chair in Swiss Economics. Dr. Marthinsen has extensive consulting experience, working for both domestic and international companies, as well as the U. S. Government.