Macroeconomics

‭J. Central Bank and Control of the Money Supply‬

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‭K. Tools of Central Bank Policy‬ ‭L. Limitations of Monetary Policy‬ ‭M. Quantity Theory of Money‬ ‭Chapter 4: Review Questions‬

‭Chapter 5:‬ ‭Inflation, Unemployment, and Stabilization‬‭Policies‬

‭A. Fiscal Policy‬

‭B. Demand-Side Effects of Fiscal Policy‬ ‭C. Government Defcits and Debt‬

‭D. Crowding out‬

‭E. Automatic Stabilizers‬

‭F. The Reserve Market Model‬

‭G. Monetary Policy‬

‭H. Supply-Side Effects and Policies‬

‭I. Policy Mix‬

‭J. Inflation and Unemployment‬

‭K. Changes in the AD-AS and Phillips Curve Models‬

‭L. Role of Expectations‬ ‭M. Economic Philosophies‬ ‭Chapter 5: Review Questions‬

‭Chapter 6:‬ ‭Economic Growth and Productivity‬

‭A. Economic Growth and Real GDP per Capita‬ ‭B. Economic Growth vs. Economic Expansion‬

‭C. Sources of Economic Growth‬

‭D. Labor Productivity‬

‭E. Research and Development and Technological Progress‬

‭F. The Aggregate Production Function‬

‭G. Benefts and Drawbacks of Economic Growth‬

‭H. Growth Policy‬

‭I. Additional Reading: The Trajectory of Productivity Since the 1950s‬

‭Chapter 6: Review Questions‬

‭Chapter 7:‬ ‭Open Economy: International Trade and Finance‬

‭A. Closed Economy vs. Open Economy‬ ‭B. Balance of Payments Accounts‬ ‭C. How and Why the BOP is Balanced‬

‭D. Exchange Rates‬

‭E. Demand for Foreign Exchange‬

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