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-19 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: Paperback / softback
Length: 343 pages
Publication date: 05 April 2023
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, and the resurgence of inflation.

To enhance the learning experience, this edition offers expanded coverage of budget deficit sustainability and 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. Additionally, financial analysts and individual investors who seek to demystify economic myths and jargon and gain a systematic understanding of the effects of macro policies on variables such as inflation, output, employment, and interest rates will find this book invaluable.

Each chapter is thoughtfully organized, with clear explanations and relevant examples to facilitate a deep understanding of the subject matter. The book incorporates numerous brand-new cases and media articles that are strategically placed to align with theoretical concepts and provide insights into future global macro situations and policies. These cases and articles serve as valuable tools for enhancing theoretical knowledge and applying it in practical scenarios.

In conclusion, this book is a must-read for anyone interested in gaining a comprehensive understanding of the effects of fiscal and monetary policies on the global economy. Whether you are a student, professional, or investor, this text offers valuable insights and practical applications that will help you navigate the complex terrain of economic analysis and make informed decisions.

Weight: 563g
Dimension: 235 x 155 (mm)
ISBN-13: 9783030920609
Edition number: 4th ed. 2022