Study Guide for Arnold’s Macroeconomics

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  • Edition: 10th
  • Format: Paperback
  • Copyright: 2010-11-04
  • Publisher: South-Western College Pub
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Written and updated by the author, this Study Guide includes a list of key concepts and terms, review questions and problems, and short-answer exercises asking "what is wrong?" or "what has been overlooked?" Multiple-choice, true/false, and fill-in-the-blank practice questions are also included. All content for the Study Guide has been updated in accordance with updates to the core text.

Table of Contents

What Economics is Aboutp. 1
Production Possibilities Frontier Frameworkp. 11
Supply and Demand: Theoryp. 19
Prices: Free, Controlled, and Relativep. 30
Supply, Demand and Price: Applicationsp. 38
Macroeconomic Measurements, Part I: Prices and Unemploymentp. 47
Macroeconomic Measurements, Part II: GDP and Real GDPp. 56
Aggregate Demand and Aggregate Supplyp. 67
Classical Macroeconomics and the Self-Regulating Economyp. 77
Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economyp. 86
Fiscal Policy and the Federal Budgetp. 96
Money, Banking and the Financial Systemp. 106
The Federal Reserve Systemp. 115
Money and the Economyp. 124
Monetary Policyp. 135
Expectations Theory and the Economyp. 145
Economic Growth: Resources, Technology, Ideas, and Institutionsp. 156
The Financial Crisis of 2007-2009p. 163
Debates in Macroeconomics Over the Role and Effects of Governmentp. 171
Public Choice and Special-Interest-Group Politicsp. 178
International Tradep. 185
International Financep. 195
Globalization and International Impacts on the Economyp. 205
Stocks, Bonds, Futures, and Optionsp. 216
Web Chapter Agriculture: Problems, Policies, and Unintended Effectsp. 225
Answer Keyp. 231
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