Macroeconomic Analysis and Policy

A Systematic Approach

Business & Finance, Economics, Money & Monetary Policy, Macroeconomics
Cover of the book Macroeconomic Analysis and Policy by Joshua E Greene, World Scientific Publishing Company
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Author: Joshua E Greene ISBN: 9789813223844
Publisher: World Scientific Publishing Company Publication: December 26, 2017
Imprint: WSPC Language: English
Author: Joshua E Greene
ISBN: 9789813223844
Publisher: World Scientific Publishing Company
Publication: December 26, 2017
Imprint: WSPC
Language: English

This book provides a systematic approach to analyzing macroeconomic developments, focusing on macroeconomic accounts, analysis, and the effects of selected policies on a nation's economy. The first part of the book describes the data, accounts, and analysis of the four main macroeconomic sectors — real, external, fiscal, and monetary — and discusses the accounting and economic relations among these sectors, using a flow of funds approach. Key indicators are presented for each sector and used to show how macroeconomic developments can be assessed and problems identified.

The second part of the book discusses fiscal, monetary, and exchange rate policy and their economic implications. These policies, along with selected structural reforms, are compared along several dimensions and shown how they can be used, in various combinations or individually, to address a variety of macroeconomic difficulties.

Contents:

  • Introduction to Macroeconomic Accounts, Analysis, and Related Policy Issues
  • Real Sector Accounts and Analysis
  • External Sector Accounts and Analysis
  • Fiscal Accounts and Analysis
  • Monetary Sector Accounts and Analysis
  • Interrelations among Macroeconomic Sectors and the Flow of Funds
  • Fiscal Policy
  • Monetary Policy
  • Exchange Rate Policy
  • Using Macroeconomic and Structural Policies to Attain Macroeconomic Objectives

Readership: Students, researchers and academics studying or teaching macroeconomics.
Key Features:

  • Unique treatment of the subject: focus on accounts, indicators, and data, rather than theory. The only similar book is about 20 years old
  • The information presented enables readers to identify important developments and problems in national economies, without the need to make economic forecasts. This distinguishes this book from books on financial programming
  • The coverage of macroeconomic policies allows readers to suggest ways of responding to macroeconomic developments and difficulties through combinations of fiscal, monetary, exchange rate, and structural economic policies
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This book provides a systematic approach to analyzing macroeconomic developments, focusing on macroeconomic accounts, analysis, and the effects of selected policies on a nation's economy. The first part of the book describes the data, accounts, and analysis of the four main macroeconomic sectors — real, external, fiscal, and monetary — and discusses the accounting and economic relations among these sectors, using a flow of funds approach. Key indicators are presented for each sector and used to show how macroeconomic developments can be assessed and problems identified.

The second part of the book discusses fiscal, monetary, and exchange rate policy and their economic implications. These policies, along with selected structural reforms, are compared along several dimensions and shown how they can be used, in various combinations or individually, to address a variety of macroeconomic difficulties.

Contents:

Readership: Students, researchers and academics studying or teaching macroeconomics.
Key Features:

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