Chapter 1: IntroductionChapter 2: National Income and
Accounting
Chapter 3: Growth and Accumulation
Chapter 4: Growth and Policy
Chapter 5: Aggregate Supply and Demand
Chapter 6: Aggregate Supply and the Phillips Curve
Chapter 7: Unemployment
Chapter 8: Inflation
Chapter 9: Policy Preview
Chapter 10: Income and Spending
Chapter 11: Money, Interest, and Income
Chapter 12: Monetary and Fiscal Policy
Chapter 13: International Linkages
Chapter 14: Consumption and Saving
Chapter 15: Investment Spending
Chapter 16: The Demand for Money
Chapter 17: The Fed, Money, and Credit
Chapter 18: Policy
Chapter 19: Financial Markets and Asset Prices
Chapter 20: The National Debt
Chapter 21: Recession and Depression
Chapter 22: Inflation and Hyperinflation
Chapter 23: International Adjustment and Interdependence
Chapter 24: Advanced Topics
RUDI DORNBUSCH (1942–2002) was Ford Professor of Economics and
International Management at MIT. He did his undergraduate work in
Switzerland and held a PhD from the University of Chicago. He
taught at Chicago, at Rochester, and from 1975 to 2002 at MIT. His
research was primarily in international economics, with a major
macroeconomic component. His special research interests included
the behavior of exchange rates, high inflation and hyperinflation,
and the problems and opportunities that high capital mobility pose
for developing economies. He lectured extensively in Europe and in
Latin America, where he took an active interest in problems of
stabilization policy, and held visiting appointments in Brazil and
Argentina. His writing includes Open Economy Macroeconomics and,
with Stanley Fischer and Richard Schmalensee, Economics.
Castor Professor of Economics at the University of Washington. He
was an undergraduate at Yale University and received his Ph.D. from
MIT, where he studied under Stanley Fischer and Rudi Dornbusch. He
taught at the Wharton School of the University of Pennsylvania
before moving on to the University of Washington, and he has
taught, while on leave, at the University of California – San
Diego, the Stanford Business School, and Princeton. His principal
research areas are macroeconomics, econometrics, and the economics
of race. In the area of macroeconomics, much of his work has
concentrated on the microeconomic underpinnings of macroeconomic
theory. His work on race is part of a long-standing collaboration
with Shelly Lundberg. www.econ.washington.edu/user/startz
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