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Chapter 3. Measuring GDP and economic growth


1. The Standard of Living Over Time

2. The Standard of Living Across Countries

3. Limitations of Real GDP

4. Economic Growth Trends

5. The Aggregate Production Function

6. Labor Market Equilibrium and Potential GDP

7. Why Labor Productivity Grows

8. Classical Growth Theory

9. Neoclassical Growth Theory

Chapter 4. Monitoring cycles, Jobs, and the Price Level

1.Employment and Unemployment

2.Three Labor Market Indicators

3. Types of Unemployment

4. “Natural” Unemployment

5. What Determines the Natural Unemployment Rate?

6. Real GDP and Unemployment Over the Business Cycle

7. Why Inflation and Deflation are Problems?

8. The Consumer Price Index

9. Measuring the Inflation Rate

10. The Biased CPI


Chapter 5. Finance, Saving, and Investment


1. Money, banks and the Federal reserve

2. What is money?

3. Depository institutions

4. How banks create money

5. Controlling the quantity of money

6. Money, interest and real GDP

7. The demand for money

8. Interest rate determination

9. Short-run effects of money on real GDP and the price level

10. The Magnitude and Consequences of the Bias

11. Alternative Price Indexes

Chapter 6. Money, price level and inflation


1. Financial Institutions and Financial Markets

2. The Market for Loanable Funds

3. The Real Interest Rate

4. The Demand for Loanable Funds

5. The Supply of Loanable Funds

6. Government in the Market for Loanable Funds

7. The Global Loanable Funds Market

8. Demand and Supply in Global and National Markets


Chapter 8. The exchange rate and the balance of payment


1. The Exchange Rate and the Balance of Payments

2. The Foreign Exchange Market

3. Exchange Rate Fluctuations

4. Changes in the Exchange Rate

5. Exchange Rate Expectations

6. Purchasing Power Parity

7. The Real Exchange Rate

8. Exchange Rate Policy

9. Fixed Exchange Rate

Chapter 9. Aggregate supply and demand


1. Aggregate supply

2. Aggregate demand

3. Macroeconomic equilibrium


Chapter 12. Expenditure multipliers: the Keynesian model

1. Fixed Prices and Expenditure Plans.

2. Marginal Propensities to Consume and Save.

3. Consumption Function and Saving Function

4. Inflation

5. Inflation and the price level

6. Effects of inflation

7. Interest rates and inflation


Chapter 10. Introduction to Economic Fluctuations


1. Time Horizons in Macroeconomics

2. The Model of Aggregate Supply and Aggregate Demand

3. Shifts in the Aggregate Demand Curve

4. Stabilization Policy

5. Shocks to Aggregate Supply

Chapter 13. Fiscal Policy


1. Taxes and the Incentive to Save and Invest.

2. Generational Effects of Fiscal Policy.

3. The Federal Budget

4. Supply-Side Effects of Fiscal Policy

5. Tax Revenues and the Laffer Curve

6. Generational Effects of Fiscal Policy

7. Fiscal Stimulus

8. Limitations of Discretionary Fiscal Policy


Chapter 14. Monetary Policy

1. What are the transmission channels of monetary policy?

2. What are alternative monetary policy strategies?

3. Monetary Policy Objectives

4. Monetary Policy Objectives and Framework

5. The Fed’s Decision-Making Strategy

6. Monetary Policy Transmission


Date: 2015-12-11; view: 444

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