Macroeconomics

Welcome to the World of Economics

1. Introduction To Economics

2. Economic Problems, Economic Systems, and the U.S. Economy

3. The Market for a Commodity

4. Macroeconomic Issues and Policies

5. Measuring Economic Activity: GDP and Its Components

6. Macroeconomic Variables and Macroeconomic Problems

7. The Macro-Market: Aggregate Demand, Aggregate Supply, Equilibrium General Price Level, and Real GDP

8. The Components of Aggregate Demand

9. The Money Market

10. Inflation or Unemployment: The Self-Adjustment Mechanism and Demand-Side Policies

11. Unemployment and Inflation: Supply Side Economics

12. Economic Theory and Policy in the U.S.

Review Questions