Demystifying Global Macroeconomics (DGM) provides readers with a practical, working use of international macroeconomics. For serious business and political leaders, understanding the global interconnections in economic and financial markets is crucial for making informed and well-timed decisions. DGM takes the mystery out of seemingly complex economic interactions by providing an easy-to-understand framework within which to analyze the effects of economic, social, and political shocks to a nation's economy. John E. Marthinsen integrates the three major macroeconomic sectors, which are the credit market, goods and services market, and foreign exchange market. The author provides the reader with contemporary examples that virtually leap off the front pages of our daily news reports and confront business managers and politicians with choices and decisions to make. For example, DGM shows how to use macroeconomic tools and a global framework to analyze the effects of: U.S. tariffs on China and China's tariffs on the United States Infrastructure spending Speculative capital outflows from nations under stress, such as Argentina and Turkey, and speculative capital inflows into safe-haven countries, such as Switzerland Demonetization in India Successfully fighting the opioid abuse problem in the United States Border adjustment tax Monetary policies Fiscal policies Marthinsen keeps readers visually engaged with the strategic use of figures, tables, charts, and illustrative exhibits. Demystifying Global Macroeconomics emphasizes the interaction among markets and equips readers with a macroeconomic perspective that will last (and be used) for years.

• Acknowledgments
• About the Author
• Preface
• Contents
• Chapter 1. Introduction to Global Macroeconomics
• Chapter 2. Taking an Economic Pulse
• Chapter 3. Labor Market Conditions
• Chapter 4. Inflation and Real GDP
• Chapter 5. Inflation: Who Wins, and Who Loses?
• Chapter 6. Monetary Aggregates
• Chapter 7. Financial Intermediation
• Chapter 8. Money Creation
• Chapter 9. Central Banks
• Chapter 10. Real Credit Markets
• Chapter 11. The Economics of Cryptocurrencies
• Chapter 12. Real Goods and Services Markets
• Chapter 13. Fiscal Policy
• Chapter 14. Business Cycles
• Chapter 15. Foreign Exchange Basics
• Chapter 16. Foreign Exchange Markets
• Chapter 17. Balance of Payments
• Chapter 18. Putting It All Together
• Chapter 19. Shocks to Nations with Flexible Exchange Rates
• Chapter 20. Shocks to Nations with Fixed Exchange Rates
• Chapter 21. Causes, Cures, and Consequences of the Great Recession
• Chapter 22. Long-Term Growth and Development
• Chapter 23. Long-Term Inflation, Exchange Rates, and Unemployment
• Appendix A. List of Abbreviations
• Appendix B. Important Terms and Concepts
• Index