Description
Table of Contents
PART 1: INTRODUCTION
- What is Economics?
- The Economic Problem
- Demand and Supply
PART 2: MONITORING MACROECONOMIC PERFORMANCE
- Monitoring the Value of Production: GDP
- Monitoring Jobs and Inflation
PART 3: MACROECONOMIC TRENDS
- Economic Growth
- Finance, Saving, and Investment
- Money, the Price Level, and Inflation
- The Exchange Rate and the Balance of Payments
PART 4: MACROECONOMIC FLUCTUATIONS
- Aggregate Supply and Aggregate Demand
- Expenditure Multipliers
- The Business Cycle, Inflation, and Deflation
PART 5: MACROECONOMIC POLICY
- Fiscal Policy
- Monetary Policy
- International Trade Policy