Macroeconomics As a Second Language

by
Edition: 1st
Format: Paperback
Pub. Date: 2011-01-18
Publisher(s): Wiley
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Customer Reviews

Emphasis on Fundamentals  June 16, 2011
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This approach will allow business professionals to gain an intuitive understanding of economic ideas that they'll be able use in the field. Olney takes this innovative approach as he zeroes in on the concepts, assumptions, and models they'll need to learn. This product was shipped in excellent condition, a much better condition than was stated. This seller gave expeditious service and delivery. I will definitely order from this seller again.






Macroeconomics As a Second Language: 5 out of 5 stars based on 1 user reviews.

Summary

The key to understanding macroeconomics for business professionals is to view it as a second language. Olney takes this innovative approach as he zeroes in on the concepts, assumptions, and models they'll need to learn.

Each chapter begins with the equations and graphs that will enable them to dive into the application of economic principles. Tip notes highlight tricks that will help them remember the material, and they'll find common errors to avoid. They'll also be able to test what they've learned by reviewing Try questions.

This approach will allow business professionals to gain an intuitive understanding of economic ideas that they'll be able use in the field.

Features :

-Opening chapter key concepts: A list of key terms and concepts, graphs, and equations covered in the chapter to keep the student on track.

-“TIP” Notes: Tricks in each chapter for remembering key concepts or common errors to avoid.

-“TRY” Questions: These questions give students the chance to test what they’ve learned throughout the book. Answers to all the “TRY” questions can be found in the back of the book.

-Emphasis on Fundamentals: It ‘cuts right to the chase’ by focusing in on the concepts, assumptions, and models essential to the student’s overall understanding of macroeconomics.

Author Biography

Martha L. Olney (University of California, Berkeley) has incorporated more than ten years of teaching experience and insight throughout the book to make difficult concepts clear, accessible, and easy to understand. Topics are organized in the same order as standard economics textbooks, which makes Macroeconomics as a Second Language ideal as a classroom supplement or course refresher.

Table of Contents

Economics Tools - Math and Graphing
Production Possibilities Frontier, Economic Growth, and Gains from Trade
Demand and Supply
Measuring the Macroeconomy
Long-Run Economic Growth
Keynesian Cross
Aggregate Demand and Its Determinants
Spending Multiplier
Fiscal and Monetary Policy
Money Creation
The Money Market and Interest Rates
Inflation and Output: AS/AD Approach
Inflation and Output: Monetary Policy & Taylor Rule Approach
Open Economy Macroeconomics
Answers to all "TRY" Questions
Index
Table of Contents provided by Publisher. All Rights Reserved.

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