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Principles of Macroeconomics Workbook

Principles of Macroeconomics Workbook

Author(s): Yurim Lee

Edition: 1

Copyright: 2022

Pages: 151

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Ebook

$46.31 USD

ISBN 9798385151448

Details Electronic Delivery EBOOK 180 days

Faculty Review Copy

Principles of Macroeconomics Workbook introduces students of economics and business to understanding and solving fundamental macroeconomic models via basic mathematics. It covers principle macroeconomic topics and can be paired with various textbooks, including the Macroeconomics by Krugman and Wells. The topics covered in the workbook include:

• math refresher

• supply and demand

• GDP and the price index

• unemployment

• economic growth

• savings, investment, and the loanable funds market

• keynesian cross (income-expenditure model)

• AD-AS model

• fiscal policy

• money and monetary policy

• phillips curve

Section 1: Review of Math and Microeconomics 
SECTION 1-1 Math Refresher
SECTION 1-2 Supply and Demand

Section 2: Short- and Long-Run Views of the Macroeconomy 
SECTION 2-1 GDP and the Price Index
SECTION 2-2 Unemployment
SECTION 2-3 Economic Growth

Section 3: Analysis of Business Cycle Fluctuations 
SECTION 3-1 Savings, Investment Spending, and the Loanable Funds Market
SECTION 3-2 Income and Expenditure: The Keynesian Cross
SECTION 3-3 Aggregate Demand and Aggregate Supply

Section 4: Taming the Business Cycle through Policies
SECTION 4-1 Fiscal Policy
SECTION 4-2 Money, Banking, and the Role of the Federal Reserve
SECTION 4-3 Monetary Policy
SECTION 4-4 Phillips Curve

Yurim Lee
Yurim Lee is an assistant professor in Economics at Central Washington University in Ellensburg, Washington. She received her Ph.D. in Economics at the University of Washington, Seattle. Her research and expertise are in applied macroeconomic theory, with a focus on the effects of self-employment and relevant reforms on business cycles and welfare costs.

Principles of Macroeconomics Workbook introduces students of economics and business to understanding and solving fundamental macroeconomic models via basic mathematics. It covers principle macroeconomic topics and can be paired with various textbooks, including the Macroeconomics by Krugman and Wells. The topics covered in the workbook include:

• math refresher

• supply and demand

• GDP and the price index

• unemployment

• economic growth

• savings, investment, and the loanable funds market

• keynesian cross (income-expenditure model)

• AD-AS model

• fiscal policy

• money and monetary policy

• phillips curve

Section 1: Review of Math and Microeconomics 
SECTION 1-1 Math Refresher
SECTION 1-2 Supply and Demand

Section 2: Short- and Long-Run Views of the Macroeconomy 
SECTION 2-1 GDP and the Price Index
SECTION 2-2 Unemployment
SECTION 2-3 Economic Growth

Section 3: Analysis of Business Cycle Fluctuations 
SECTION 3-1 Savings, Investment Spending, and the Loanable Funds Market
SECTION 3-2 Income and Expenditure: The Keynesian Cross
SECTION 3-3 Aggregate Demand and Aggregate Supply

Section 4: Taming the Business Cycle through Policies
SECTION 4-1 Fiscal Policy
SECTION 4-2 Money, Banking, and the Role of the Federal Reserve
SECTION 4-3 Monetary Policy
SECTION 4-4 Phillips Curve

Yurim Lee
Yurim Lee
Yurim Lee is an assistant professor in Economics at Central Washington University in Ellensburg, Washington. She received her Ph.D. in Economics at the University of Washington, Seattle. Her research and expertise are in applied macroeconomic theory, with a focus on the effects of self-employment and relevant reforms on business cycles and welfare costs.