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Macroeconomics Study Guide: Fiscal Policy, Inflation & Unemployment, and Open Economy

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Introduction to Fiscal Policy

Expansionary and Contractionary Fiscal Policy

Taxes, the Multiplier Effect, and Automatic Stabilizers

AD-AS Model: Equilibrium in the Short Run and Long Run

Short Run Phillips Curve

Long Run Phillips Curve

Phillips Curve and Expected Inflation

Phillips Curve and Supply Shocks

Disinflation and Deflation

Real Business Cycle Model

Balance of Payments: Introduction

Balance of Payments: Financial Account and Capital Account

Balance of Payments: Current Account

Balance of Trade; Trade Deficit and Trade Surplus

Net Exports Equal Net Foreign Investment

Exchange Rates: Introduction

Exchange Rates: Nominal and Real

Exchange Rates: Shifts in Supply and Demand

Exchange Rates: Purchasing Power Parity