*Please note…the chapter numbering is not sequential intentionally. We mimic the chapter numbering as well as page numbers from Economics, 10/e, here for continuity.
PART I INTRODUCTION: THINKING LIKE AN ECONOMIST 1 Economics and Economic Reasoning 4 2 The Production Possibility Model, Trade, and Globalization 24 Appendix: Graphish: The Language of Graphs 42 3 Economic Institutions 51 Appendix: The History of Economic Systems 71 4 Supply and Demand 77 5 Using Supply and Demand 100 Appendix: Algebraic Representation of Supply, Demand, and Equilibrium 116
PART III MACROECONOMICS I MACROECONOMIC BASICS 24 Economic Growth, Business Cycles, and Unemployment 522 25 Measuring and Describing the Aggregate Economy 543 II POLICY MODELS 26 The Keynesian Short-Run Policy Model: Demand-Side Policies 567 26W The Multiplier Model 593 27 The Classical Long-Run Policy Model: Growth and Supply-Side Policies 594 III FINANCE, MONEY, AND THE ECONOMY 28 The Financial Sector and the Economy 615 Appendix: A Closer Look at Financial Assets and Liabilities 636 29 Monetary Policy 642 30 Financial Crises, Panics, and Unconventional Monetary Policy 664 IV TAXES, BUDGETS, AND FISCAL POLICY 31 Deficits and Debt: The Austerity Debate 684 32 The Fiscal Policy Dilemma 700 V MACROECONOMIC PROBLEMS 33 Jobs and Unemployment 719 34 Inflation, Deflation, and Macro Policy 737 VI INTERNATIONAL MACROECONOMIC POLICY ISSUES 9 Comparative Advantage, Exchange Rates, and Globalization 184 10 International Trade Policy 203 35 International Financial Policy 759 Appendix: History of Exchange Rate Systems 783 36 Macro Policy in a Global Setting 786 37 Structural Stagnation and Globalization 801 Appendix: Creating a Targeted Safety Net to Help Least Well Off 823 38 Macro Policy in Developing Countries 825
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