Babson Professor Marthinsen Publishes ‘International Macroeconomics for Business and Political Leaders’
John Marthinsen, professor of economics and international business at Babson, authored the book International Macroeconomics for Business and Political Leaders published in January 2017.
This book explains the fundamentals of international macroeconomics in a very efficient and approachable text. It explores key macro concepts such as growth, unemployment, inflation, interest, and exchange rates. Most importantly, it examines how these markets are interconnected so readers will fully understand why economic, political, and social shocks to nations, such as the United States, China, Germany, Japan, and Brazil, must be evaluated in the context of all three macroeconomic markets: goods and services, credit, and foreign exchange.
This text is relevant to all consumers with any interest in how international economies act and react. It uses an innovative approach to teach supply and demand principles, without using graphs, to be more accessible to all audiences. This is not a theory-for-theory’s-sake textbook but a practice-oriented, common-sense approach to explaining international macroeconomics which quickly connects readers to real world events.
John E. Marthinsen is Professor of Economics and International Business at Babson College in Babson Park, MA, where he holds The Distinguished Chair in Swiss Economics. Marthinsen holds a Ph.D. from the University of Connecticut in Storrs, where he was awarded Phi Beta Kappa and Phi Kappa Phi academic honors. His teaching and research focus on the areas of International Macroeconomics, Risk Management, and International Finance, which he teaches at the graduate (MBA), undergraduate, and executive education levels. He was Chairman of Babson College’s Economics Division from 1992 to 1998 and, while at Babson, was inducted in the Golden Key Honor Society.
Marthinsen also has extensive consulting experience, working for both domestic and international companies, as well as the U.S. government. He has served on the United Nations Association’s Economic Policy Council and lectured at the Universities of Bern and Basel in Switzerland as well as the University of Nürnberg in Germany. From 2000 to 2009, John Marthinsen was a member of the Board of Directors of Givaudan SA, a Swiss-based flavors and fragrances company, where he served as Chairman of the Finance and Investment Committee and member of the Strategy, Governance, and Audit Committees.