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Your Macroeconomic Edge

person icon Business Expert Press

Your Macroeconomic Edge

Investing Strategies for the Post-Recession World

person icon Philip J. Romero

ebook icon Business Expert Press

language icon Language - English

updated on icon Updated on Oct, 2022

category icon Macroeconomic,Edge,Executive

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This eBook includes

Formats : PDF (Read Only)

Pages : 263

ISBN : 9781606493205

Language : English

About the Book

Book description

Most "managerial economics" textbooks are thinly disguised microeconomics texts: highly theoretical, too dependent on abstract and unproven assumptions, and simply undigestible by busy, practical-minded executives/readers.  Furthermore, such texts leave it up to the reader to apply their lessons so as to gain value from the knowledge, and to reinforce that knowledge through practice.  The "theory of the firm" does not resonate with most corporate executives. But in fact, economic forces drive the context for all our important business decisions: When and how much to expand or contract; which markets to enter and exit; when to raise or lower prices; and how to invest surplus resources (retained earnings for companies and savings for individuals). This book is an application of economics (both micro and macroeconomics) to one of the central challenges of our age for any citizen in a developed economy:  How to invest their resources in a changed economic landscape.  It contends that the quarter century from the early 1980s to the late 2000s was a unique historical period, creating an exceptionally benign commercial and investing environment.  It will not return once the Great Recession is firmly behind us. The core message of the book is an extended application of economic principles and reasoning, phrased in a form readily digestible to any interested layman.  It can be used as a companion to a traditional economics text, or as a stand-alone application-oriented text.  The main application explored is of investment decisions of corporations seeking to deploy retained earnings, and of individuals seeking to prepare for the day when they no longer rely on wage income.

Your Macroeconomic Edge

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Business Expert Press

Since 2008, Business Expert Press has been providing business students and professionals with precise, business information written by experts in their fields. Available in both print and eBook formats, our books can be obtained by consumers through a variety of sources including direct purchase on our website and major online bookstores. Business librarians can purchase our entire Digital Library, published and updated annually, in total, or in various configurations such as topical e-collections or custom bundles, through perpetual access or subscription.

 




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