Macroeconomic Policy: Demystifying Monetary and Fiscal Policy

This book provides a hands-on approach to analyzing the effects of fiscal and monetary policies, with updated coverage of the global economy in the wake of the COVID crisis, including the role of Modern Monetary Theory (MMT) and the resurgence of inflation. It includes new cases and media articles to relate theory to global macro situations and policies.

Format: Hardback
Length: 343 pages
Publication date: 05 April 2022
Publisher: Springer Nature Switzerland AG

This comprehensive book is meticulously crafted to cater to individuals seeking a practical and hands-on approach to examining the impact of fiscal and monetary policies. With a significant update for its fourth edition, the text delves into the intricate dynamics of the global economy, particularly in the aftermath of the COVID-19 crisis. It explores a wide range of topics, including pandemic-related supply and demand-side shocks, the role of Modern Monetary Theory (MMT) in financing COVID rescue plans, the consequences of the post-COVID economies of the United States, India, the Eurozone, and China on emerging and transitioning economies, as well as the resurgence of inflation.

To enhance the learning experience, this edition offers expanded coverage of the sustainability of budget deficits and the complexities of trade wars, particularly in a global context. It also revisits the fascinating life cycles of speculative asset price (SAP) bubbles, particularly in the housing markets and in SPACs.

The book is designed to appeal to a diverse audience, including MBA students and Executive MBA students who recognize the significance of monetary and fiscal analysis. It is also invaluable for financial analysts and individual investors who seek to demystify economic myths and jargon and gain a systematic understanding of how macro policies influence variables such as inflation, output, employment, and interest rates.

Each chapter is thoughtfully organized, with clear explanations, examples, and case studies to reinforce the concepts presented. The book incorporates numerous brand-new cases and media articles that are strategically placed to align with theoretical principles and provide insights into future global macro situations and policies.

Whether you are a seasoned professional seeking to deepen your expertise or an aspiring student embarking on a career in finance, this book is an essential resource that will empower you with the knowledge and tools necessary to navigate the complex world of economic analysis.

Weight: 709g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030920579
Edition number: 4th ed. 2022