Macroeconomics

Summary: I. INTRODUCTION. 1. What Is Economics? 2. The Economic Problem. II. HOW MARKETS WORK. 3. Demand and Supply. III. A FIRST LOOK AT MACROECONOMICS. 4. A First Look at Macroeconomics. 5. Measuring GDP and Economic Growth. 6. Monitoring Cycles, Jobs, and the Price Level. 7. Aggregate Supply and Aggregate Demand. IV. AGGREGATE SUPPLY AND ECONOMIC GROWTH. 8. The Economy at Full Employment: The Classical Model. 9. Economic G...rowth. V. AGGREGATE DEMAND, MONEY, AND INFLATION. 10. Money, Banks, and the Federal Reserve. 11. Money, Interest, Real GDP, and the Price Level. 12. Inflation. VI. ECONOMIC FLUCTUATIONS AND STABILIZATION POLICY. 13. Expenditure Multipliers: The Keynesian Model. 14. The Business Cycle. 15. Fiscal Policy. 16. Monetary Policy. VII. MACROECONOMIC OVERVIEW. 17. Trading with the World. 18. International Finance. [read more]