PART 1: INTRODUCTION: THINKING LIKE AN ECONOMIST1 Economics and Economic Reasoning2 The Production Possibilities Model, Trade, and Globalization 3 Economic Institutions 4 Supply and Demand5 Using Supply and Demand PART II: MACROECONOMICSMACROECONOMIC BASICS6 Economic Growth, Business Cycles, and Unemployment 7 Measuring and Describing the Aggregate Economy POLICY MODELS8 The Keynesian Short-Run Policy Model: Demand-Side Policies 8W The Multiplier Model 9 The Classical Long-Run Policy Model: Growth and Supply-Side Policies FINANCE, MONEY, AND THE ECONOMY10 The Financial Sector and the Economy 11 Monetary Policy 12 Financial Crises, Panics, and Unconventional Monetary Policy TAXES, BUDGETS, AND FISCAL POLICY13 Deficits and Debt: The Austerity Debate14 The Fiscal Policy Dilemma MACROECONOMIC PROBLEMS15 Jobs and Unemployment 16 Inflation, Deflation, and Macro Policy INTERNATIONAL MACROECONOMIC POLICY ISSUES17 Comparative Advantage, Exchange Rates, and Globalization18 International Trade Policy19 International Financial Policy 20 Macro Policy in a Global Setting 21 Structural Stagnation and Globalization22 Macro Policy in Developing Countries
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