PART 1 Introduction 1 Thinking Like an Economist 2 Supply and Demand PART 2 Macroeconomics: Issues and Data 3 Macroeconomics: The Bird’s-Eye View of the Economy 4 Measuring Economic Activity: GDP, Unemployment, and Inflation PART 3 The Economy in the Long Run 5 Economic Growth, Productivity, and Living Standards 6 The Labor Market: Workers, Wages, and Unemployment 7 Saving and Capital Formation 8 Money, the Federal Reserve, and Global Financial Markets PART 4 The Economy in the Short Run 9 Short-Term Economic Fluctuations and Fiscal Policy 10 Stabilizing the Economy: The Role of the Fed 11 Aggregate Demand, Aggregate Supply, and Inflation PART 5 International Economy 12 International Trade and Trade Policy 13 Exchange Rates and the Open Economy
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