202 Chapter 6 - Chapter 6 An Introduction to Macroeconomics...

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Chapter 6 An Introduction to Macroeconomics
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Measuring the Economy GDP Nominal GDP Real GDP Unemployment Inflation
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GDP News http://www.bea.gov/index.htm Data http://www.bea.gov/national/xls/gdplev.xls
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Unemployment Unemployment Rate http://www.bls.gov/home.htm
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Inflation Inflation data: CPI, PPI, etc. http://www.bls.gov/
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Government Policy Growth Business cycle smoothing Effectiveness of tools Short-run Long-run Unemployment/Inflation tradeoff Expectations Announce policy?
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Growth Per Capita GDP US Global snapshot: http://siteresources.worldbank.org/DATASTAT http://www.imf.org/external/datamapper/index.p https://www.cia.gov/library/publications/the-wor
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Sources of Growth Tradeoff between current consumption and future consumption Savings/Investment Savings Financial Investment Economic Investment
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Institutions Financial Intermediaries Banks Other financial institutions Financial System
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202 Chapter 6 - Chapter 6 An Introduction to Macroeconomics...

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