Macroeconomics as a Second Language

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.

Chapter 1:  Economics Tools – Math and Graphing Chapter 2:  Production Possibilities Frontier, Economic Growth, and Gains from Trade Chapter 3:  Demand and Supply Chapter 4:  Measuring the Macroeconomy Chapter 5:  Long-Run Economic Growth Chapter 6:  Keynesian Cross Chapter 7:  Aggregate Demand Chapter 8:  The Spending Multiplier Chapter 9:  Macroeconomic Policy: The Overview Chapter 10: Fiscal Policy Chapter 11: Money Creation Chapter 12: The Money Market Chapter 13:  Monetary Policy and Interest Rates Chapter 14:  Inflation and Output:  The AS/AD Approach Chapter 15:  Input and Output: The Monetary Policy Approach Chapter 16:  Open Economy Macroeconomics Answers to all “TRY” Questions Index