TY - BOOK ID - 7911639 TI - Macroeconomic Policy : Demystifying Monetary and Fiscal Policy PY - 2009 SN - 1441945962 0387776656 9780387776651 9780387776668 0387776664 9786612126642 1282126644 9781282825147 PB - New York, NY : Springer US : Imprint: Springer, DB - UniCat KW - Economic policy. KW - Fiscal policy. KW - Macroeconomics. KW - Monetary policy. KW - Economic Theory KW - Business & Economics KW - Macroeconomics KW - -Economic policy KW - -Monetary policy KW - -Fiscal policy KW - -339.5 KW - Tax policy KW - Taxation KW - Economic policy KW - Finance, Public KW - Monetary management KW - Currency boards KW - Money supply KW - Economic nationalism KW - Economic planning KW - National planning KW - State planning KW - Economics KW - Planning KW - National security KW - Social policy KW - Electronic information resources KW - Government policy KW - E-books KW - Finance. KW - Economic history. KW - Economics. KW - Macroeconomics/Monetary Economics//Financial Economics. KW - Finance, general. KW - Economic Policy. KW - Methodology/History of Economic Thought. KW - History of Economic Thought/Methodology. KW - Economic conditions KW - History, Economic KW - Funding KW - Funds KW - Currency question KW - AA / International- internationaal KW - 331.31 KW - Economisch beleid UR - https://www.unicat.be/uniCat?func=search&query=sysid:7911639 AB - Macroeconomic Policy 2nd Edition is an applications-oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies. MBA and Executive MBA students who appreciate the importance of monetary and fiscal analysis will find this text to be right on target. Financial analysts and individual investors who need to strip away economic myths and jargon and systematically examine and understand the effects of macro policies on variables such as inflation, output, employment and interest rates, will also find the book extremely useful. A unique feature of this book is the extensive use of specially written "newspaper" articles designed to simulate current macroeconomic news. Each chapter contains exercises that enable the reader to relate specific underlined passages in these articles to the theory presented in preceding chapters. This distinctive approach ensures real-world applicability, and supporting diagrams further enable the reader to relate current economic news to the theoretical material discussed. This edition incorporates a greater open-economy approach to macroeconomic analysis and employs a much more global focus: Existing cases and articles have been rewritten, and new ones added to reflect the current state of the major economies and their macropolicies. Housing and asset-price bubbles in the US, India, China, the UK, Iceland, and many countries in the Eurozone in the "post-subprime world" are analyzed. The rollercoaster ride of the dollar that began in 2007 is examined as well as the effect on currencies pegged to the US dollar. Global events including the hyperinflation in Zimbabwe of the late 2000's, causes and consequences of hot capital flows in Iceland, the trade-deficit-capital-inflow relationship with China, and the subprime saga are included as new articles. The "technology-driven new economy" and supply-side policy analyses for the US and the Eurozone are emphasized. "Macroeconomic Policy is a lively and informative introduction to the diverse doctrines of macroeconomic theory." Prof. Robert E. Lucas, Jr., Recipient of the 1995 Nobel Prize in Economics "The notion of allowing the reader the freedom of choice between the Keynesian and Supply-Sider models for developed economies is fresh and radically different from most conventional macroeconomic texts. In addition, it is an honest approach...given that policymakers...still make policy based on assumptions behind each paradigm." Dr. W. Michael Cox, Senior Vice President and Chief Economist, Federal Reserve Bank of Dallas, and co-author of Myths of Rich and Poor. ER -