Chapter1 - CHAPTER1 TheScienceofMacroeconomics APowerPoint...

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1 Chapter One CHAPTER 1 The Science of Macroeconomics ® A PowerPoint Tutorial To Accompany   MACROECONOMICS, 7th. Edition N. Gregory Mankiw Tutorial written by: Mannig J. Simidian B.A. in Economics with Distinction, Duke University  M.P.A., Harvard University Kennedy School of Government M.B.A., Massachusetts Institute of Technology (MIT) Sloan School of Management
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2 Chapter One Mankiw’s Macroeconomics Modules for Macroeconomics 7 th ed. are dedicated to the loving memory of my cherished father, best friend and mentor. Daddy– you are still my inspiration for making sure these tutorials are the best they can be for students worldwide! Ara Vahan Simidian (June 24, 1928 - December 19, 2008) May he continue to enjoy learning and loving economics from heaven above. In Memoriam Ara Vahan Simidian Ara Vahan Simidian with with Mankiw’s Macroeconomics Modules Mankiw’s Macroeconomics Modules author, Mannig J. Simidian, 2007. author, Mannig J. Simidian, 2007.
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3 Chapter One Professor Greg Mankiw is not only a prolific, talented, and ingenious economist, but humble and kind-hearted. His unique and extraordinary creative ability to impart knowledge makes him both an economist and artist. I am so honored and grateful again be a part of supplementing his unprecedented craftsmanship. My mentor, and friend for over a decade Professor Mike McElroy (North Carolina State University) was the first to see the novelty in these tutorials while I was an undergraduate student at Duke University. His contributions and influence will be a part of my work indefinitely. My gratitude is endless as well to Professors David Denslow, Mark Rush, Ed Tower, and Jeff Frankel. My love and gratitude goes to my dear friend and surrogate father Dr. Lawrence Brockman, D.M.D, an endodontist but an economist in spirit who
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This note was uploaded on 12/04/2011 for the course ECON 305 taught by Professor Neri during the Spring '11 term at American.

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Chapter1 - CHAPTER1 TheScienceofMacroeconomics APowerPoint...

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