Principles of Macroeconomics | Alan Grant, Libby Rittenberg, and Timothy Tregarthen

- 1Economics: The Study of Choice
- 2Confronting Scarcity: Choices in Production
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  - 2.1Start Up: An Attempt to Produce Safer Air Travel
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  - 2.2Factors of Production
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  - 2.3The Production Possibilities Curve
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  - 2.4Applications of the Production Possibilities Model
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  - 2.5Review and Practice
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- 3Demand and Supply
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  - 3.1Start Up: Crazy for Coffee
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  - 3.2Demand
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  - 3.3Supply
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  - 3.4Demand, Supply, and Equilibrium
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  - 3.5Review and Practice
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- 4Applications of Demand and Supply
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  - 4.1Start Up: Better. Faster. Cheaper.
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  - 4.2Putting Demand and Supply to Work
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  - 4.3Government Intervention in Markets: Price Floors and Price Ceilings
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  - 4.4Government Intervention in Markets: Taxes
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  - 4.5Review and Practice
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- 5Introduction to the Macroeconomy: Measuring the Economy’s Output
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  - 5.1Start Up: Your Uncertain Future
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  - 5.2Measuring Total Output: GDP and Its Components
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  - 5.3Real GDP, Economic Growth, and Business Cycles
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  - 5.4GDP and Economic Well-Being
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  - 5.5Review and Practice
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- 6The Price Level and Inflation
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  - 6.1Start Up: College Is More Expensive Than Ever . . . Or Is It?
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  - 6.2Measuring Prices and Inflation
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  - 6.3The Causes of Inflation
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  - 6.4The Consequences of Inflation
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  - 6.5Review and Practice
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- 7Unemployment
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  - 7.1Start Up: This One Was Different . . . But Was That Better or Worse?
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  - 7.2Measuring Unemployment
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  - 7.3The Nature of Unemployment
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  - 7.4Policy Implications of Unemployment
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  - 7.5Review and Practice
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- 8Aggregate Demand and Aggregate Supply
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  - 8.1Start Up: The Great Warning
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  - 8.2Aggregate Demand
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  - 8.3Aggregate Demand and Aggregate Supply: The Long Run and the Short Run
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  - 8.4Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium
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  - 8.5Review and Practice
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- 9Economic Growth
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  - 9.1Start Up: How Important Is Economic Growth?
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  - 9.2The Significance of Economic Growth
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  - 9.3Growth and the Long-Run Aggregate Supply Curve
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  - 9.4A Recipe for Economic Growth
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  - 9.5Review and Practice
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- 10The Nature and Creation of Money
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  - 10.1Start Up: Holy Mackerel—This Fish Story Is True!
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  - 10.2What Is Money?
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  - 10.3The Banking System and Money Creation
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  - 10.4The Federal Reserve System
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  - 10.5Review and Practice
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- 11Financial Markets and the Economy
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  - 11.1Start Up: Who Wants to Be a Millionaire?
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  - 11.2The Functions of Financial Instruments
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  - 11.3The Bond and Foreign Exchange Markets
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  - 11.4Demand, Supply, and Equilibrium in the Money Market
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  - 11.5Review and Practice
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- 12Monetary Policy and the Fed
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  - 12.1Start Up: The Fed Goes to War
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  - 12.2Monetary Policy in the United States
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  - 12.3Problems and Controversies of Monetary Policy
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  - 12.4The Trade-Off Between Inflation and Unemployment
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  - 12.5Review and Practice
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- 13Government and Fiscal Policy
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  - 13.1Start Up: A Massive Stimulus
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  - 13.2Government and the Economy
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  - 13.3The Use of Fiscal Policy to Stabilize the Economy
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  - 13.4Fiscal Policy in Practice
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  - 13.5Review and Practice
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- 14Consumption and the Aggregate Expenditures Model
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  - 14.1Start Up: Consumption Spending Plummets as the COVID-19 Recession Begins
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  - 14.2Determining the Level of Consumption
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  - 14.3The Aggregate Expenditures Model
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  - 14.4Aggregate Expenditures and Aggregate Demand
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  - 14.5Review and Practice
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- 15Investment and Economic Activity
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  - 15.1Start Up: Jittery Firms Slash Investment as Great Recession Unfolds
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  - 15.2The Role and Nature of Investment
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  - 15.3Determinants of Investment
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  - 15.4Investment and the Economy
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  - 15.5Review and Practice
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- 16Net Exports and International Finance
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  - 16.1Start Up: Currency Crises Shake the World
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  - 16.2The International Sector: An Introduction
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  - 16.3International Finance
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  - 16.4Exchange Rate Systems
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  - 16.5Review and Practice
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- 17A Brief History of Macroeconomic Thought and Policy
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  - 17.1Start Up: Three Revolutions in Macroeconomic Thought
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  - 17.2The Great Depression and Keynesian Economics
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  - 17.3Keynesian Economics in the 1960s and 1970s
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  - 17.4Macroeconomics for the Twenty-First Century
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  - 17.5Review and Practice
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- 18Inequality, Poverty, and Discrimination
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  - 18.1Start Up: Occupy Wall Street; Change the World?
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  - 18.2Income Inequality
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  - 18.3The Economics of Poverty
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  - 18.4The Economics of Discrimination
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  - 18.5Review and Practice
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- AGraphs in Economics
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  - A.1Graphs in Economics
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  - A.2Nonlinear Relationships and Graphs Without Numbers
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  - A.3Using Graphs and Charts to Show Values of Variables
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  - A.4Review and Practice
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- BThe Solow Model of Economic Growth
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  - B.1Capital Accumulation and Economic Growth
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  - B.2Review and Practice
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