Macroeconomics_Principles_Applications_and_tools_8e_by_Arthur_OSullivan_Steve

Brief Contents

PART 1 Introduction and Key Principles
1 Introduction: What Is Economics? 1
2 The Key Principles of Economics 28
3 Exchange and Markets 49
4 Demand, Supply, and Market
Equilibrium 67
PART 2 The Basic Concepts in Macroeconomics
5 Measuring a Nation’s Production and
Income 97
6 Unemployment and Inflation 120
PART 3 The Economy in the Long Run
7 The Economy at Full Employment 139
8 Why Do Economies Grow? 159
PART 4 Economic Fluctuations and Fiscal Policy
9 Aggregate Demand and Aggregate
Supply 185
10 Fiscal Policy 205
11 The Income-Expenditure Model 223
12 Investment and Financial Markets 253
PART 5 Money, Banking, and Monetary Policy
13 Money and the Banking System 272
14 The Federal Reserve and Monetary
Policy 291
PART 6 Inflation, Unemployment, and
Economic Policy
15 Modern Macroeconomics: From the Short
Run to the Long Run 311
16 The Dynamics of Inflation and
Unemployment 329
17 Macroeconomic Policy Debates 347
PART 7 The International Economy
18 International Trade and Public Policy 364
19 The World of International Finance 385

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