Macroeconomics for Professionals
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.
- Draws on developments in countries around the world to provide the framework for macroeconomic analysis
- Provides professionals and students with the tools needed to evaluate whether macroeconomic policies are adequately addressing twenty-first-century challenges
- Uses simple and appealing terms to enable readers to understand the importance of the macroeconomic issues covered
Reviews & endorsements
'Leslie Lipschitz and Susan Schadler provide a superb road map for assessing a country’s policies. It is relevant not only for new IMF economists but also for analysts in investment banks, rating agencies, finance ministries, and central banks, as well as for economic journalists seeking to bridge the gap between theory and real-world practice.' Peter Heller, Finance & Development
'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
Product details
January 2019Adobe eBook Reader
9781108568463
0 pages
33 b/w illus.
This ISBN is for an eBook version which is distributed on our behalf by a third party.
Table of Contents
- 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.
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