Macroeconomics demystified / August Swanenberg.
Material type: TextPublication details: New York : McGraw-Hill, c2005.Description: xxxi, 327 p. : ill. ; 23 cmISBN:- 0071455116
- 9780071455114 :
- 339 22
- HB172.5 .S93 2005
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HB 172.5 SWA Macroeconomics demystified / | HB 172.5 SWA Macroeconomics demystified / | HB 172.5 SWA Macroeconomics demystified / | HB 172.5 SWA Macroeconomics demystified / | HB 172.5 SWA Macroeconomics demystified / | Hb 172.5 SWA Macroeconomics demystified / | HB 172.5 SWA Macroeconomics demystified / |
Includes index.
Includes bibliographical references (p. 285-286) and index.
Getting started : using charts in economics -- Macroeconomics : a quick self-test -- pt. 1. Setting the stage -- 1. Introduction to economics -- 1.1. Scarcity -- 1.2. Economic systems -- 1.3. Economic models -- 1.4. Opportunity cost -- 1.5. Production possibilities curve -- 1.6. Comparative advantage -- 1.7. Hints -- Quiz and answers -- 2. Microeconomics -- 2.1. Markets -- 2.2. Demand curve -- 2.3. Supply curve -- 2.4. Market equilibrium -- 2.5. Hints -- Quiz and answers -- pt. 2. The basics of macroeconomics -- 3. Introduction to macroeconomics -- 3.1. The circular flow model -- 3.2. Macroeconomic goals -- 3.3. Gross domestic product -- 3.4. Economic growth -- 3.5. Price stability -- 3.6. Full employment -- 3.7. Economic policy -- 3.8. Hints -- Quiz and answers -- 4. Aggregate supply and aggregate demand -- 4.1. Introduction -- 4.2. Aggregate supply : the Long run and the short run -- 4.3. Aggregate demand -- 4.4. Macroeconomic equilibrium -- 4.5. The AS/AD model -- 4.6. The "bathtub" theorem -- 4.7. The financing of flows -- 4.8. Hints -- Quiz and answers -- 5. Money and the Federal Reserve System -- 5.1. Introduction -- 5.2. The supply of money -- 5.3. Banks -- 5.4. The Federal Reserve System : organization -- 5.5. The Federal Reserve's central banking role -- 5.6 Hints -- Quiz and answers -- 6. The money market -- 6.1. The demand for money -- 6.2. The supply of money -- 6.3. The money market and the equilibrium rate of interest -- 6.4. The impact of money -- 6.5. The quantity theory of money -- 6.6. Hints -- Quiz and answers -- 7. Global economics -- 7.1. Introduction -- 7.2. Barriers to trade -- 7.3. The balance of payments -- 7.4. Foreign exchange rates -- 7.5. Global interdependence -- 7.6. Hints -- Quiz and answers --.
pt. 3. The goals of macroeconomics -- 8. Economic growth -- 8.1. Introduction -- 8.2. The foundation for economic growth -- 8.3. Labor productivity -- 8.4. Technology and economic growth -- 8.5. Global economics and economic growth -- 8.6. Hints -- Quiz and answers -- 9. Price stability -- 9.1. Introduction -- 9.2. The price Level -- 9.3. Major types of inflation -- 9.4. The impact of inflation -- 9.5. The Phillips curve -- 9.6. Global economics and price stability -- 9.7. Hints -- Quiz and answers -- pt. 4. Macroeconomic models -- 10. The classical model -- 10.1. The classical equilibrium -- 10.2. The factor market for labor -- 10.3. The factor market for capital -- 10.4. Labor productivity -- 10.5. Hints -- Quiz and answers -- 11. The Keynesian model -- 11.1. Introduction -- 11.2. The consumption function -- 11.3. The multiplier process -- 11.4. The Keynesian equilibrium -- 11.5. The Keynesian model and the AS/AD model -- 11.6. The U.S. unemployment rate 1990-2004 -- 11.7. Hints -- Quiz and answers -- 12. The business cycle -- 12.1. Introduction -- 12.2. Consumer and producer expectations -- 12.3. Classical models -- 12.4. Keynesian models -- 12.5. The impact of technology -- 12.6. The great depression and institutional reform -- 12.7. Hints -- Quiz and answers -- pt. 5. Macroeconomic policy -- 13. Fiscal policy -- 13.1. Introduction -- 13.2. The role of government budgeting -- 13.3. Fiscal policy and macroeconomic goals -- 13.4. The long-range impact of fiscal policy -- 13.5. Discretionary fiscal policy -- 13.6. Automatic fiscal policy -- 13.7. Global economics and fiscal policy -- 13.8. Hints -- Quiz and answers -- 14. Monetary policy -- 14.1. Introduction -- 14.2. The goals of monetary policy -- 14.3. Monetary policy rules -- 14.4. Effective policy -- 14.5. The mix of monetary and fiscal policy -- 14.6. Global economics and monetary policy -- 14.7. Hints -- Quiz and answers -- Appendix 1. The elasticity of supply and demand -- Appendix 2. Measuring GDP, the expenditure and the income methods -- Appendix 3. A brief History of economic models -- Final test 1 questions -- Final test 1 answers -- Final test 2 questions -- Final test 2 answers.
An introduction to macroeconomics that covers fundamental concepts and laws, goals, models, and policy in clear language and includes charts, graphs, quizzes, and two final tests with explained answers.
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