MACROECONOMICS CONTENTS

MACROECONOMICS CONTENTS - rief contents xxv BRIEF CONTENTS...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: rief contents xxv BRIEF CONTENTS preface vi part 1 What Is Economics? introduction The Ordinary Business of Life 1 chapter 1 First Principles 5 chapter 2 Economic Models: Trade-offs and Trade 20 appendix Graphs in Economics 41 part 2 Supply and Demand chapter 3 Supply and Demand 56 chapter 4 The Market Strikes Back 83 chapter 5 Consumer and Producer Surplus 109 part 3 Introduction to Macroeconomics chapter 6 Macroeconomics: The Big Picture 138 chapter 7 Tracking the Macroeconomy 159 part 4 The Economy in the Long Run chapter 8 Long-Run Economic Growth 186 chapter 9 Savings, Investment Spending, and the Financial System 210 part 5 Short-Run Economic Fluctuations chapter 10 Aggregate Supply and Aggregate Demand 236 chapter 11 Income and Expenditure 269 appendix Deriving the Multiplier Algebraically 292 chapter 12 Fiscal Policy 293 appendix Taxes and the Multiplier 319 chapter 13 Money, Banking, and the Federal Reserve System 321 chapter 14 Monetary Policy 342 part 6 The Supply Side and the Medium Run chapter 15 Labor Markets, Unemployment, and Inflation 368 chapter 16 Inflation, Disinflation, and Deflation 393 part 7 Events and Ideas chapter 17 The Making of Modern Macroeconomics 415 part 8 The Open Economy chapter 18 International Trade 436 chapter 19 Open-Economy Macroeconomics 460 Supplemental chapter: Currencies and Crises Available on the Web, at www.worthpublishers.com/krugmanwells, and in booklet form. Solutions to “Check Your Understanding” Questions S-1 Macroeconomic Data 1929–2004 M-1 Glossary G-1 Index I-1 xxvi contents CONTENTS Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vi Part 1 What Is Economics? Introduction The Ordinary Business of Life . . 1 Any Given Sunday 1 The Invisible Hand 2 My Benefit, Your Cost 3 Good Times, Bad Times 4 Onward and Upward 4 An Engine for Discovery 4 Chapter... 1 • First Principles . . . . . . . . . . . . . . . . . . . 5 Common Ground 5 Individual Choice: The Core of Economics 6 Resources are scarce 6 Opportunity cost: The real cost of something is what you must give up to get it 7 For Inquiring Minds: Got a Penny? 8 “How much?” is a decision at the margin 8 People usually exploit opportunities to make themselves better off 9 For Inquiring Minds: Pay for Grades? 10 Individual choice: Summing it up 10 Economics in Action: A Woman’s Work 10 Interaction: How Economies Work 11 There are gains from trade 12 Markets move toward equilibrium 13 For Inquiring Minds: Choosing Sides 13 Resources should be used as efficiently as possible to achieve society’s goals 14 Markets usually lead to efficiency 15 When markets don’t achieve efficiency, government intervention can improve society’s welfare 16 Economics in Action: Restoring Equilibrium on the Freeways 16 A Look Ahead 17 Chapter... 2 • Economic Models: Trade-offs and Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 Tunnel Vision 20 Models in Economics: Some Important Examples 21 For Inquiring Minds:...
View Full Document

This note was uploaded on 03/18/2009 for the course ECON 102 taught by Professor Erus during the Spring '09 term at Boğaziçi University.

Page1 / 8

MACROECONOMICS CONTENTS - rief contents xxv BRIEF CONTENTS...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online