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Introduction -- The science of macroeconomics -- The data of macroeconomics -- Classidcal theory: the economy in the long run -- National income: where in comes from and where it goes -- The monetary system: what it is and how it works -- Inflation: its causes, effects, and social costs -- The open economy -- Unemployment -- Growth theory: the economy in the very long run -- Economic growth I: capital accumulation and population growth -- Economic growth II: technology, empirics, and policy -- Business cycle theory: the economy in the short run -- Introduction to economic fluctations -- Aggregate demand I: building the IS-LM model -- Aggregate demand II: Applying the IS-LM model -- The open economy revisited: the Mundell-Fleming model and the exchange-rate regime -- Aggregate supply and the short-run tradeoff between inflation and unemployment -- Topics in macroeconomic theory -- A dynamic model of aggregate demand and aggregate supply -- Understanding consumer behavior -- The theory of investment -- Topics in macroeconomic policy -- Alternative perspectives on stabilization policy -- Government debt and budget deficits -- The financial system: opportunities and dangers -- What we know, what we don't.
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