Table of Contents

• 1. Introduction to Macroeconomics
• 2. The Measurement and Structure of the National Economy
• 3. Productivity, Output, and Employment
• 4. Consumption, Saving, and Investment
• 5. Saving and Investment in the Open Economy
• 6. Long-Run Economic Growth
• 7. The Asset Market, Money, and Prices
• 8. Business Cycles
• 9. The IS–LM/AD–AS Model: A General Framework for Macroeconomic Analysis
• 10. Classical Business Cycle Analysis: Market-Clearing Macroeconomics
• 11. Keynesianism: The Macroeconomics of Wage and Price Rigidity
• 12. Unemployment and Inflation
• 13. Exchange Rates, Business Cycles, and Macroeconomic Policy in the Open Economy
• 14. Monetary Policy and the Federal Reserve System
• 15. Government Spending and Its Financing
• Appendix A: Some Useful Analytical Tools