Contents Chapter 1
Introduction to Macroeconomics .............................................................................
1
Chapter 2
The Measurement and Structure of the National Economy .......................................
16
Chapter 3
Productivity, Output, and Employment ....................................................................
39
Chapter 4
Consumption, Saving, and Investment .....................................................................
69
Chapter 5
Saving and Investment in the Open Economy ..........................................................
109
Chapter 6
Long-Run Economic Growth ..................................................................................
133
Chapter 7
The Asset Market, Money, and Prices .....................................................................
156
Chapter 8
Business Cycles ......................................................................................................
177
Chapter 9
The IS-LM/AD-AS Model: A General Framework for Macroeconomic Analysis ................................................................
198
Classical Business Cycle Analysis: Market-Clearing Macroeconomics...........................................................................
229
Keynesianism: The Macroeconomics of Wage and Price Rigidity .....................................................................................
260
Chapter 12
Unemployment and Inflation ...................................................................................
296
Chapter 13
Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy .........................................................
324
Chapter 14
Monetary Policy and the Federal Reserve System....................................................
368
Chapter 15
Government Spending and Its Financing .................................................................
393
Chapter 10 Chapter 11
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