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Macroeconomic activity

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  • This is the fourth edition of Professor Lindauer's early ground-breaking Macroeconomics series. It holds reader interest because it constantly relates the concepts of modern macroeconomics to today's "Great Recession" and the policies and conditions that brought it about and are needed to end it. In so doing it explains why not all Keynesian and neo-classical theory and monetary and fiscal policies are applicable to the unique structure and institutions of the United States and how the current recession can be quickly ended -...

    pdf241p trinhosieupham 25-02-2013 33 7   Download

  • (bq) part 2 book "economics for managers" hass contents: measuring macroeconomic activity, the role of money in the macro economy, the aggregate model of the macro economy, international and balance of payments issues in the macro economy, combining micro and macro analysis for managerial decision making.

    pdf233p bautroibinhyen23 02-04-2017 21 3   Download

  • Chapter 1 - The nature and method of economics. In this chapter you will learn: The definition of economics, about the economic way of thinking, how economists construct theories, the distinction between microeconomics and macroeconomics, the pitfalls to objective thinking.

    ppt39p tangtuy04 16-03-2016 22 2   Download

  • Chapter 15 - Long run macroeconomic adjustments. After studying this chapter you will be able to understand: To apply the long-run AD-AS model, about the inflation-unemployment relationship, about the effects of taxation on aggregate supply.

    ppt60p tangtuy04 16-03-2016 15 1   Download

  • Chapter 1 The science of macroeconomics. After studying this chapter you will be able to understand: Macroeconomics, important issues in macroeconomics, why learn macroeconomics? economic models, functional notation, endogenous vs. exogenous variables, a multitude of models.

    doc7p tieu_vu20 24-09-2018 7 0   Download

  • Chapter 2 The data of macroeconomics- GDP, unemployment & inflation. After studying this chapter you will be able to understand: Gross Domestic Product (GDP) measures both total income and total expenditure on the economy’s output of goods & services; nominal GDP values output at current prices; real GDP values output at constant prices; GDP is the sum of consumption, investment, government purchases, and net exports;...

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  • Chapter 13 - Five debates over macroeconomic policy. In this chapter you will consider whether policymakers should try to stabilize the economy, consider whether monetary policy should be made by rule rather than by discretion, consider whether the central bank should aim for zero inflation, consider whether fiscal policymakers should reduce the government debt, consider whether the tax laws should be reformed to encourage saving.

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  • Chapter 14 - Advances in business cycle theory. After studying this chapter you will be able to understand: describe alternative perspectives on the causes of macroeconomic instability, including the views of mainstream economists, monetarists, real-business-cycle advocates, and proponents of coordination failures; explain what the equation of exchange is and how it relates to "monetarism";...

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  • Chapter 17 - Investment. This chapter examines how the financial system works. First, we discuss the large variety of institutions that make up the financial system in our economy. Second, we discuss the relationship between the financial system and some key macroeconomic variables notably saving and investment. Third, we develop a model of the supply and demand for funds in financial markets.

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  • In chapter 10 you will learn: What fiscal policy is and what it is used for; what discretionary fiscal policy is and its function; about the economy’s built-in stabilizers; what a cyclically adjusted budget is; the problems, criticisms, and complications of fiscal policy.

    ppt37p tangtuy04 16-03-2016 16 2   Download

  • Chapter 14 introduce to the bank of Canada and monetary policy. In this chapter you will learn: The main functions of the bank of Canada, how the Bank of Canada can expand or contract the money supply, the components of money demand, how the equilibrium interest rate is determined in the money market, the mechanism by which the interest rate affects GDP.

    ppt77p tangtuy04 16-03-2016 23 2   Download

  • In this chapter you will learn: The foundation of economics, the nature of economic efficiency, how to achieve economic growth, the two general types of economic systems society can choose to co-ordinate production & consumption decisions, what the circular flow model is.

    ppt71p tangtuy04 16-03-2016 19 1   Download

  • Chapter 3 - Individual markets: Demand and supply. After studying this chapter you will be able to understand: What markets are, what demand is and what factors affect it, what supply is and what factors affect it, how demand and supply together determine market equilibrium.

    ppt74p tangtuy04 16-03-2016 30 1   Download

  • Chapter 4 introduce an overview of the market system & the Canadian economy. In this chapter you will learn: The basic institutions required for a market economy, the Four Fundamental Questions any economy faces, how the “invisible hand” helps to close the gap between private & public interests, the role of government in a market economy, about the structure of the Canadian economy.

    ppt38p tangtuy04 16-03-2016 20 1   Download

  • Chapter 5 decribes Canada in the global economy. In this chapter you will learn: That trade is crucial to Canada’s economic well-being, the importance of specialization & comparative advantage in international trade, how the value of a currency is established on foreign exchange markets, the economic costs of trade barriers, about multilateral trade agreements & free trade zones.

    ppt38p tangtuy04 16-03-2016 19 1   Download

  • Chapter 6 - Measuring domestic output and the price level. After studying this chapter you will be able to understand: What gross domestic product (GDP) is and what it measures, the expenditure approach to measuring gross domestic product (GDP), the income approach to measuring gross domestic product (GDP), the distinction between nominal GDP and real GDP, what the Consumer Price Index (CPI) is and how it is constructed, the shortcomings of GDP as a measure of a country’s well-being.

    ppt55p tangtuy04 16-03-2016 22 1   Download

  • Chapter 7 introduction to economic growth and fluctuations. In this chapter you will learn: The definition and causes of economic growth, the nature and cause of the business cycle, the nature of unemployment and its measurement, the definition of inflation and how it is measured, the redistribution effects of inflation the output effects of inflation.

    ppt47p tangtuy04 16-03-2016 26 1   Download

  • Chapter 8 - Building the aggregate expenditure model. In this chapter you will learn: The factors that determine consumption expenditure and saving, the factors that determine investment spending, how equilibrium GDP is determined in a closed economy without a government sector, about the effects of the multiplier on changes in equilibrium GDP,…

    ppt95p tangtuy04 16-03-2016 21 1   Download

  • Chapter 9 - Aggregate demand and aggregate supply. After studying this chapter you will be able to understand: Why the aggregate demand curve is downward sloping, and what factors shift the entire curve; what determines the shape of the short run aggregate supply curve, and what factors shift the entire curve; how the equilibrium price level and real GDP are determined; the distinction between the short-run and long-run supply curve; the nature and causes of recessionary and inflationary gaps.

    ppt72p tangtuy04 16-03-2016 20 1   Download

  • Chapter 11 presents deficits, surpluses, and the public debt. After studying this chapter you will be able to understand: What a budget deficit and a budget surplus are, and their connection to the public debt; about the recent history of Canada’s budget surpluses, deficits and public debt; the misconceptions about budget deficits and the national debt; the substantive issues about budget deficits and the public debt; the effect of the recent budgetary surplus.

    ppt31p tangtuy04 16-03-2016 18 1   Download

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