Economics for Business: A Guide to Decision Making in a Complex Global Macroeconomy
- 7h 30m
- Ivan K. Cohen
- Kogan Page
- 2016
With a truly global perspective, this book merges business content with economics, making it an ideal introduction to economics for MBA students. It explains key concepts and provides the tools needed to make decisions, sustain competitive advantage, and confront business complexities with confidence. Each chapter contains a clear learning objective and learning outcomes, definitions of key terms, illustrations, charts, and graphs, and bullet point chapter summaries at the end.
Students will be able to understand:
- the crucial importance of the financial system to individual business and the macroeconomy
- the process of globalization and its implication for business
- the role of the market as well as supply and demand
- the impact of demand on branding and brand loyalty
- pricing strategies under various market structures
About the Author
Ivan K. Cohen is Associate Professor in Finance and Economics at Richmond University, the American International University based in London. With many years of teaching experience across a wide range of economics and finance classes and having taught on both sides of the Atlantic, he is able to offer a unique global approach to the study of economics.
In this Book
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What’s Economics Got to do with Business?
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Introduction to Markets
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Introduction to the Macroeconomy
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Introduction to the Financial System
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Demand
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The Firm
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Supply: Costs, Output and Distribution
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Competition, Markets and Strategy
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The Role of Government
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Money, Interest Rates and Central Banking: The Role of Monetary Policy
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Technology, Innovation and Investment
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Forecasting
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Employment: The Human Factor
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The Economics of International Business
