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  • Edition: 7th
  • Format: Hardcover
  • Copyright: 2011-01-01
  • Publisher: Prentice Hall
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Table of Contents

Introduction to Macroeconomics
What Macroeconomics Is About
What Macroeconomists Do
Why Macroeconomists Disagree
The Measurement and Structure of the National Economy
National Income Accounting: The Measurement of Production, Income, and Expenditure
Gross Domestic Product
Saving and Wealth
Real GDP, Price Indexes, and Inflation
Interest Rates
Long-Run Economic Performance
Productivity, Output, and Employment
How Much Does the Economy Produce? The Production Function
The Demand for Labor
The Supply of Labor
Labor Market Equilibrium
Relating Output and Unemployment: Okun's Law
Consumption, Saving, and Investment
Consumption and Saving
Goods Market Equilibrium
Saving and Investment in the Open Economy
Balance of Payments Accounting
Goods Market Equilibrium in an Open Economy
Saving and Investment in a Small Open Economy
Saving and Investment in Large Open Economies
Fiscal Policy and the Current Account
Long-Run Economic Growth
The Sources of Economic Growth
Growth Dynamics: The Solow Model
Government Policies to Raise Long-Run Living Standards
The Asset Market, Money, and Prices
What Is Money?
Portfolio Allocation and the Demand for Assets
The Demand for Money
Asset Market Equilibrium
Money Growth and Inflation
Business Cycles and Macroeconomic Policy
Business Cycles
What Is a Business Cycle?
The American Business Cycle: The Historical Record
Business Cycle Facts
Business Cycle Analysis: A Preview
The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis
The FE Line: Equilibrium in the Labor Market
The IS Curve: Equilibrium in the Goods Market
The LM Curve: Asset Market Equilibrium
General Equilibrium in the Complete IS LM Model
Price Adjustment and the Attainment of General Equilibrium
Aggregate Demand and Aggregate Supply
Classical Business Cycle Analysis: Market-Clearing Macroeconomics
Business Cycles in the Classical Model
Money in the Classical Model
The Misperceptions Theory and the Nonneutrality of Money
Keynesianism: The Macroeconomics of Wage and Price Rigidity
Real-Wage Rigidity
Price Stickiness
Monetary and Fiscal Policy in the Keynesian Model
The Keynesian Theory of Business Cycles and Macroeconomic Stabilization
Macroeconomic Policy: Its Environment and Institutions
Unemployment and Inflation
Unemployment and Inflation: Is There a Trade-Off?
The Problem of Unemployment
The Problem of Inflation
Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy
Exchange Rates
How Exchange Rates Are Determined: A Supply-and-Demand Analysis
The IS LM Model for an Open Economy
Macroeconomic Policy in an Open Economy with Flexible Exchange Rates
Fixed Exchange Rates
Monetary Policy and the Federal Reserve System
Principles of Money Supply Determination
Monetary Control in the United States
The Conduct of Monetary Policy: Rules Versus Discretion
Government Spending and Its Financing
The Government Budget: Some Facts and Figures
Government Spending, Taxes, and the Macroeconomy
Government Deficits and Debt
Deficits and Inflation
Some Useful Analytical Tools
Table of Contents provided by Publisher. All Rights Reserved.

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