Sinposis

THIS TIMELY AND REFRESHINGLY REAL-WORLD FOCUSED TEXTBOOK EXAMINES SOME OF THE WORLD'S MOST CRITICAL POLICY ISSUES THROUGH A MACROECONOMICS LENS. AFTER PRESENTING ANALYTICAL FOUNDATIONS, MODELING TOOLS, AND THEORETICAL PERSPECTIVES, ECONOMICS OF GLOBAL BUSINESS GOES A STEP FURTHER THAN MOST OTHER TEXTS, WITH A PRACTICAL LOOK AT THE LOCAL AND MULTINATIONAL TRADEOFFS FACING ECONOMIC POLICYMAKERS IN MORE THAN FIFTY COUNTRIES. TOPICS RANGE FROM INCOME EQUALITY AND THE FINANCIAL CRISIS TO GDP, INFLATION AND UNEMPLOYMENT, AND, NOTABLY, ONE OF THE FIRST MACROECONOMIC EXAMINATIONS OF CLIMATE CHANGE. WRITTEN BY A GLOBETROTTING ECONOMIST WHO TEACHES AND CONSULTS ON THREE CONTINENTS, ECONOMICS OF GLOBAL BUSINESS AIMS NOT FOR DEFINITIVE ANSWERS BUT RATHER TO PROVIDE A BETTER UNDERSTANDING OF THE CONTEXT-DEPENDENT RATIONALES, CONSTRAINTS, AND CONSEQUENCES OF ECONOMIC POLICY DECISIONS.