- Analyze long-run economic growth, deficits, and inflation
- Examine business cycles and monetary and fiscal policies
- Explore indicators such as unemployment
Make sense of macroeconomics Macroeconomics helps us understand important things about our economy and, more importantly, how to improve it. Whether you're enrolled in a class or simply want to grasp key concepts you come across every day--such as inflation, unemployment, and economic growth--you've come to the right place. Inside...
- Look at key concepts
- Measure what matters
- Understand interest rates
- Determine prices
- Analyze economic shocks
- Examine macro policy
- Spot financial weaknesses
- Consider financial crises
Inhaltsverzeichnis
Introduction 1
Part 1: Getting Started with Macroeconomics 5
CHAPTER 1: Discovering Why Macroeconomics Is a Big Deal 7
CHAPTER 2: Looking at Key Questions and Concepts 27
CHAPTER 3: The Short Run and the Long Run 43
Part 2: Measuring the Things That Matter 59
CHAPTER 4: Adding Up Gross Domestic Product 61
CHAPTER 5: Facing the Fact of Increasing Prices: Inflation 81
CHAPTER 6: Thinking About Interest Rates 103
CHAPTER 7: Unemployment: Wasting Talent and Productivity 125
Part 3: The Long-Run Macro Economy 145
CHAPTER 8: GDP Growth in the Long Run 147
CHAPTER 9: Long-Run Prices and Interest Rates 163
Part 4: Modeling the Short-Run Macro Economy 181
CHAPTER 10: Working Out a Country's Economic Demand 183
CHAPTER 11: Determining How Much Stuff an Economy Produces 201
CHAPTER 12: Using the AD-AS Model to Analyze Economic Shocks 217
Part 5: Examining Macroeconomic Policy 239
CHAPTER 13: Macroeconomic Policies for the Long Run 241
CHAPTER 14: Monetary Policy and the Short-Run Economy 257
CHAPTER 15: Fiscal Policy: Balancing the Books - Perhaps 275
CHAPTER 16: Unemployment and Inflation: The Phillips Curve 295
Part 6: Understanding the Financial Crisis 315
CHAPTER 17: Strengths and Weaknesses of the Financial System 317
CHAPTER 18: Learning from the 2007-08 Financial Crisis 335
Part 7: The Part of Tens 355
CHAPTER 19: Getting to Know Ten Great Macroeconomists 357
CHAPTER 20: Ten Top Tips to Take Away 367
Index 375
