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Introduction
1. Foundations of Economics
2. Productions Possibility Curve or Frontier Model
3. Introduction
4. Demand, Supply, and Equilibrium in Markets for Goods and Services
5. Shifts in Demand and Supply for Goods and Services
6. Changes in Equilibrium Price and Quantity: The Four-Step Process
7. Price Ceilings and Price Floors
8. Chapter 3 Key Terms
9. Key Concepts and Summary
10. Self-Check Questions
11. Review Questions
12. Critical Thinking Questions
13. Problems
14. Introduction
15. Measuring the Size of the Economy: Gross Domestic Product
16. Nominal Values vs Real Values
17. Tracking Real GDP over Time and the Business Cycle
18. How Well GDP Measures the Well-Being of Society
19. Key Terms
20. Key Concepts and Summary
21. Self-Check Questions
22. Review Questions
23. Critical Thinking Questions
24. Problems
25. Relatively Recent Arrival of Economic Growth
26. Labor Productivity and Economic Growth
27. Components of Economic Growth
28. Key Terms
29. Key Concepts and Summary
30. Self-Check Questions
31. Review Questions
32. Critical Thinking Questions
33. Problems
34. Introduction
35. Types of Unemployment
36. Key Terms
37. Key Concepts and Summary
38. Self Check Questions
39. Review Questions
40. Critical Thinking Questions
41. Problems
42. Introduction
43. Tracking Inflation
44. How to Measure Changes in the Cost of Living
45. The Confusion Over Inflation
46. Key Terms
47. Key Concepts and Summary
48. Self-Check Questions
49. Review Questions
50. Critical Thinking Questions
51. Problems
52. Introduction
53. Macroeconomic Perspectives on Demand and Supply
54. Building a Model of Aggregate Demand and Aggregate Supply
55. Shifts in Aggregate Supply
56. Shifts in Aggregate Demand
57. How the AD/AS Model Incorporates Growth, Unemployment, and Inflation
58. Keynes’ Law and Say’s Law in the AD/AS Model
59. Key Terms
60. Key Concepts and Summary
61. Self-Check Questions
62. Review Questions
63. Critical Thinking Questions
64. Problems
65. Introduction
66. Aggregate Demand in Keynesian Analysis
67. The Building Blocks of Keynesian Analysis
68. The Phillips Curve
69. The Keynesian Perspective on Market Forces
70. Key Terms
71. Key Concepts and Summary
72. Self-Check Questions
73. Review Questions
74. Critical Thinking Questions
75. Introduction
76. The Building Blocks of Neoclassical Analysis
77. The Policy Implications of the Neoclassical Perspective
78. Balancing Keynesian and Neoclassical Models
79. Key Terms
80. Key Concepts and Summary
81. Self-Check Questions
82. Review Questions
83. Critical Thinking Questions
84. Problems
85. Introduction
86. Defining Money by Its Functions
87. The Role of Banks
88. How Banks Create Money
89. Key Terms
90. Key Concepts and Summary
91. Self-Check Questions
92. Review Questions
93. Critical Thinking Questions
94. Problems
95. Introduction
96. The Federal Reserve Banking System and Central Banks
97. Bank Regulation
98. How a Central Bank Executes Monetary Policy
99. Monetary Policy and Economic Outcomes
100. Pitfalls for Monetary Policy
101. Key Terms
102. Key Concepts and Summary
103. Self Check Questions
104. Review Questions
105. Critical Thinking Questions
106. Problems
107. Introduction
108. Fiscal Policy
109. Key Terms
110. Key Concepts and Summary
111. Self Check Questions
112. Review Questions
113. Critical Thinking Questions
114. Problems
115. Introduction
116. Absolute and Comparative Advantage
117. What Happens When a Country Has an Absolute Advantage in All Goods
118. The Benefits of Reducing Barriers to International Trade
119. Key Terms
120. Key Concepts and Summary
121. Self Check Questions
122. Review Questions
123. Critical Thinking Questions
124. Problems
125. Introduction
126. Protectionism: An Indirect Subsidy from Consumers to Producers
127. International Trade and Its Effects on Jobs, Wages, and Working Conditions
128. Arguments in Support of Restricting Imports
129. The Tradeoffs of Trade Policy
130. Key Terms
131. Key Concepts and Summary
132. Self-Check Questions
133. Review Questions
134. Critical Thinking Questions
135. Problems
136. Appendix A The Use of Mathematics in Principles of Economics
137. Appendix B Present Discounted Value
138. Appendix C The Expenditure-Output Model
139. Chapter 3 Demand and Supply Answer Key
140. Chapter 4 The Macroeconomic Perspective Answer Key
141. Chapter 5 Economic Growth Answer Key
142. Chapter 6 Unemployment Answer Key
143. Chapter 7 Inflation Answer Key
144. Chapter 8 Aggregate Demand/Aggregate Supply Model Answer Key
145. Chapter 9 The Keynesian Perspective Answer Key
146. Chapter 10 The Neoclassical Perspective Answer Key
147. Chapter 11 Money and Banking Answer Key
148. Chapter 12 Monetary Policy and Bank Regulation
149. Chapter 13 Government Budgets Answer Key
150. Chapter 14 International Trade Answer Key
151. Chapter 15 Globalization and Protectionism Answer Key
References
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Macroeconomics Copyright © by Laura Prince and OpenStax is licensed under a Creative Commons Attribution 4.0 International License, except where otherwise noted.