1.1 brief contents



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 Money and Inflation

Chapter 5 The Open Economy

Chapter 6 Unemployment

part III Growth Theory: The Economy in the Very Long Run

Chapter 7 Economic Growth I: Capital Accumulation and Population Growth

Chapter 8 Economic Growth II: Technology, Empirics, and Policy

part IV Business Cycle Theory: The Economy in the Short Run

Chapter 9 Introduction to Economic Fluctuations

Chapter 10 Aggregate Demand I: Building the IS–LM Model

Chapter 11 Aggregate Demand II: Applying the IS–LM Model

Chapter 12 The Open Economy Revisited: The Mundell–Fleming Model and the Exchange-Rate Regime

Chapter 13 Aggregate Supply and the Short-Run Tradeoff Between Inflation and Unemployment

Chapter 14 A Dynamic Model of Aggregate Demand and Aggregate Supply

part V Macroeconomic Policy Debates

Chapter 15 Stabilization Policy

Chapter 16 Government Debt and Budget Deficits

part VI More on the Microeconomics Behind Macroeconomics

Chapter 17 Consumption

Chapter 18 Investment

Chapter 19 Money Supply and Money Demand

Chapter 20 The Financial System: Opportunities and Dangers

Epilogue What We Know, What We Don’t