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Laurence Ball is Professor of Economics at Johns Hopkins University. He is a research associate for the National Bureau of Economic Research and has been a visiting scholar at the Central Bank of Norway and the Reserve Bank of Australia. His academic honors include the Houblon-Norman Fellowship (Bank of England), a Professional Fellowship in Monetary Economics (Victoria University of Wellington and Reserve Bank of New Zealand), the NBER Olin Fellowship, and the Alfred P. Sloan Research Fellowship.
Table of Contents
1. The Science of Macroeconomics
2. The Data of Macroeconomics
3. National Income: Where It Comes From and Where It Goes
4. Money and Inflation
5. The Open Economy
7. Economic Growth I: Capital Accumulation and Population Growth
8. Economic Growth II: Technology, Empirics, and Policy
Part IV: Business Cycle Theory: The Economy in the Short Run
9. Introduction to Economic Fluctuations
10. Aggregate Demand I: Building the IS-LM Model
11. Aggregate Demand II: Applying the IS-LM Model
12. Aggregate Supply and the Short-run Tradeoff Between Inflation and Unemployment
13. Stabilization Policy
14. Government Debt and Budget Deficits
15. Introduction to the Financial System
16. Asset Prices and Interest Rates
17. Securities Markets
19. Financial Crises