Macroeconomics

Description

Introduction -- Economics : foundations and models -- Trade-offs, comparative advantage, and the market system -- Where prices come from : the interaction of demand and supply -- Economic efficiency, government price setting, and taxes -- The economics of health care -- Firms in the domestic and international economies -- Firms, the stock market, and corporate governance -- Comparative advantage and the gains from international trade -- Macroeconomic foundations and long-run growth -- Gdp : measuring total production and income -- Unemployment and inflation -- Economic growth, the financial system, and business cycles -- Long-run growth: sources & policies -- Short-run fluctuations -- Aggregate expenditure and output in the short run -- Aggregate demand and aggregate supply analysis -- Monetary and fiscal policy -- Money, banks, and the federal reserve system -- Monetary policy -- Fiscal policy -- Inflation,unemployment, and federalreservepolicy -- The international economy -- Macroeconomics in an open economy -- The international financial system -- Woods system -- Glossary -- Index.