Introduction 1
Part 1: Getting Started with Macroeconomics 5
Chapter 1: Discovering Why Macroeconomics Is a Big Deal 7
Chapter 2: Looking at Key Questions and Concepts 27
Chapter 3: The Short Run and the Long Run 43
Part 2: Measuring the Things That Matter 59
Chapter 4: Adding Up Gross Domestic Product 61
Chapter 5: Facing the Fact of Increasing Prices: Inflation 81
Chapter 6: Thinking About Interest Rates 103
Chapter 7: Unemployment: Wasting Talent and Productivity 125
Part 3: The Long-Run Macro Economy 145
Chapter 8: GDP Growth in the Long Run 147
Chapter 9: Long-Run Prices and Interest Rates 163
Part 4: Modeling the Short-Run Macro Economy 181
Chapter 10: Working Out a Country's Economic Demand 183
Chapter 11: Determining How Much Stuff an Economy Produces 201
Chapter 12: Using the AD-AS Model to Analyze Economic Shocks 217
Part 5: Examining Macroeconomic Policy 239
Chapter 13: Macroeconomic Policies for the Long Run 241
Chapter 14: Monetary Policy and the Short-Run Economy 257
Chapter 15: Fiscal Policy: Balancing the Books - Perhaps 275
Chapter 16: Unemployment and Inflation: The Phillips Curve 295
Part 6: Understanding the Financial Crisis 315
Chapter 17: Strengths and Weaknesses of the Financial System 317
Chapter 18: Learning from the 2007-08 Financial Crisis 335
Part 7: The Part of Tens 355
Chapter 19: Getting to Know Ten Great Macroeconomists 357
Chapter 20: Ten Top Tips to Take Away 367
Index 375
