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Here is a book that makes the study of Macroeconomics accessible to MBA aspirants or those who are currently management students at the undergraduate or the postgraduate levels. The book follows an easy to read format and a simple application-oriented structure, which supplemented with practical examples.
Divided into 4 Modules, it includes topics that range from ‘Market Dynamics’ to ‘GDP’; from ‘Inflation Rates’ to ‘Analyzing Economic Statements’. A Glossary of business and economic terms and ‘economics snippets’ that intersperse the entire book make it a balanced and interesting book to read. A useful reference guide for students and teachers of Business Economics
TABLE OF CONTENTS
Module 1
Prerequisites and Introduction
Market and Market Dynamics
Trade THEORY
Module 2
Global Economics and Finance cycle (GEFC©)
SECTOR: HOUSEHOLD
FUNCTION: Consumption, Savings
SECTOR: PRODUCTION
FUNCTION: Investment Expenditure
SECTOR:FINANCIAL AND INTERMEDIARIES
FUNCTION: Financial Intermedition
SECTOR: GOVERNMENT and EXTERNAL SECTOR
FUNCTION: Fisal Balance and BOP
Macroeconomic Parameters - GDP
Money supply
Inflation
Interest rates
Exchange rate
Module 3
Aggregate Demand and Aggregate Supply
ECONOMIC EQUILIBRIUM: IS-LM Synthesis
Relationships between Macro Economic Parameters An ETP approach
Module 4
Japan’s Economic CRISIS - An Interesting snipPet
South East Asian meltdown
How india scores over china on financial intermediation
Analyzing economic statements
Glossary
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