Macroeconomics, 12th edition
Published by Pearson (December 21st 2019) - Copyright © 2012
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Table of contents
CHAPTER 1 What Is Macroeconomics?
1-1 How Macroeconomics Affects Our Everyday Lives
Global Economic Crisis Focus: What Makes It Unique?
1-2 Defining Macroeconomics
1-3 Actual and Natural Real GDP
1-4 Macroeconomics in the Short Run and Long Run
1-5 CASE STUDY: How Does the Global Economic Crisis Compare to Previous Business Cycles?
Global Economic Crisis Focus: How It Differs from 1982—83
1-6 Macroeconomics at the Extremes
1-7 Taming Business Cycles: Stabilization Policy
International Perspective: Differences Between the United States and Europe Before and During the Global Economic Crisis
Global Economic Crisis Focus: New Challenges for Monetary and Fiscal Policy
1-8 The “Internationalization” of Macroeconomics
CHAPTER 2 The Measurement of Income, Prices, and Unemployment
2-1 Why We Care About Income
2-2 The Circular Flow of Income and Expenditure
2-3 What GDP Is, and What GDP Is Not
[BOX]Where to Find the Numbers: A Guide to the Data
2-4 Components of Expenditure
Global Economic Crisis Focus: Which Component of GDP Declined the Most in the Global Economic Crisis?
2-5 The “Magic” Equation and the Twin Deficits
Global Economic Crisis Focus: Chicken or Egg in Recessions?
2-6 Where Does Household Income Come From?
2-7 Nominal GDP, Real GDP, and the GDP Deflator
[BOX] How to Calculate Inflation, Real GDP Growth, or Any Other Growth Rate
2-8 Measuring Unemployment
Understanding the Global Economic Crisis: The Ranks of the Hidden Unemployed
APPENDIX TO CHAPTER 2: How We Measure Real GDP and the Inflation Rate
CHAPTER 3 Income and Interest Rates: The Keynesian Cross Model and the IS Curve
3-1 Business Cycles and the Theory of Income Determination
Global Economic Crisis Focus: What Were the Shocks That Made the 2008—09 Economic Crisis So Severe?
3-2 Income Determination, Unemployment, and the Price Level
3-3 Planned Expenditure
Global Economic Crisis Focus: Financial Market Instability as the Main Cause of the Global Economic Crisis
3-4 The Economy In and Out of Equilibrium
Understanding the Global Economic Crisis: How Changes in Wealth Influence Consumer Spending
3-5 The Multiplier Effect
3-6 Sources of Shifts in Planned Spending
3-7 How Can Monetary Policy Affect Planned Spending?
3-8 The Relation of Autonomous Planned Spending to the Interest Rate
Understanding the Global Economic Crisis: A Central Explanation of Business Cycles Is the Volatility of Investment
3-9 The IS Curve
3-10 Conclusion: The Missing Relation
[BOX] Learning About Diagr
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