Macroeconomics

Part I Introduction Chapter 1 The Science of Macroeconomics Chapter 2 The Data of Macroeconomics Part II Classical Theory: The Economy in the Long Run Chapter 3 National Income: Where It Comes From and Where It Goes Chapter 4 The Monetary System: What It Is and How It Works Chapter 5 Inflation: Its Causes, Effects, and Social Costs Chapter 6 The Open Economy Chapter 7 Unemployment and the Labor Market Part III Growth Theory: The Economy in the Very Long Run Chapter 8 Capital Accumulation as a Source of Growth Chapter 9 Population Growth and Technological Progress Chapter 10 Growth Empirics and Policy Part IV Business Cycle Theory: The Economy in the Short Run Chapter 11 Introduction to Economic Fluctuations Chapter 12 Aggregate Demand I: Building the IS–LM Model Chapter 13 Aggregate Demand II: Applying the IS–LM Model Chapter 14 The Open Economy Revisited: The Mundell–Fleming Model and the Exchange-Rate Regime Chapter 15 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment Part V Topics in Macroeconomic Theory and Policy Chapter 16 A Dynamic Model of Economic Fluctuations Chapter 17 Alternative Perspectives on Stabilization Policy Chapter 18 Government Debt and Budget Deficits Chapter 19 The Financial System: Opportunities and Dangers Chapter 20 The Microfoundations of Consumption and Investment Epilogue What We Know, What We Don’t Glossary Index