CurtisIrvine-Macroeconomics-2017A
Free

CurtisIrvine-Macroeconomics-2017A

By Unknown
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Book Description
Table of Contents
  • Table of Contents
  • Part One: Introduction
    • Introduction to key ideas
      • What's it all about?
      • Understanding through the use of models
      • Opportunity cost and the market
      • A model of exchange and specialization
      • Economy-wide production possibilities
      • Aggregate output, growth and business cycles
      • Key concepts
      • End of chapter exercises
    • Theories, models and data
      • Observations, theories and models
      • Variables, data and index numbers
      • Testing economic models & analysis
      • Diagrams and economic analysis
      • Ethics, efficiency and beliefs
      • Key concepts
      • End of chapter exercises
    • The classical marketplace – demand and supply
      • Trading
      • The market's building blocks
      • Demand and supply curves
      • Other influences on demand
      • Other influences on supply
      • Simultaneous supply and demand impacts
      • Market interventions
      • Individual and market functions
      • Key concepts
      • End of chapter exercises
  • Part Two: Introduction to Macroeconomics
    • Economic activity and performance
      • Macroeconomic performance
      • Canadian economic performance
      • National accounts
      • Measuring GDP
      • Nominal GDP, real GDP & the GDP deflator
      • Per capita real GDP
      • Key concepts
      • End of chapter exercises
    • Output, business cycles, growth & employment
      • Aggregate demand & aggregate supply
      • Equilibrium output and potential output
      • Growth in potential output
      • Business cycles and output gaps
      • Output gaps and unemployment rates
      • Adjustments to output gaps?
      • The role of macroeconomic policy
      • Key concepts
      • End of chapter exercises
    • Aggregate expenditure & aggregate demand
      • Short run aggregate demand and output
      • Consumption, saving, and investment
      • The export and import functions
      • Aggregate expenditure and equilibrium output in the short run
      • The multiplier: changes in aggregate expenditure and equilibrium output
      • Equilibrium output and the AD curve
      • Key concepts
      • End of chapter exercises
    • The government sector
      • Government in Canada
      • Government expenditure, taxes, and equilibrium real GDP
      • The government's budget and budget balance
      • Fiscal policy & government budget balances
      • Automatic and discretionary fiscal policy
      • The public debt and the budget balance
      • Aggregate demand & equilibrium output
      • Key concepts
      • End of chapter exercises
  • Part Three: Financial Markets & Economic Activity
    • Money, banking & money supply
      • Money and the functions of money
      • Measures of the Canadian money supply
      • Banking in Canada today
      • Money created by banks
      • The monetary base and the money supply
      • Key concepts
      • End of chapter exercises
    • Financial markets, interest rates, foreign exchange rates & AD
      • Portfolio choices between money and other assets
      • Bond prices, yields and interest rates
      • The demand for money balances
      • Financial market equilibrium & interest rates
      • Interest rates and foreign exchange rates
      • Interest rates, exchange rates, and aggregate demand
      • The transmission mechanism
      • Key concepts
      • End of chapter exercises
    • Central banking and monetary policy
      • Central banking and the Bank of Canada
      • Central bank operating techniques
      • Monetary policy objectives & instruments targets
      • Monetary policy rules
      • The long-run neutrality of money
      • Monetary policy indicators
      • Key concepts
      • End of chapter exercises
  • Part Four: Real GDP, Business Cycles, Policy and Growth
    • A traditional AD/ AS model
      • The construction of an AD curve
      • The slope and position of the AD curve
      • Short-run aggregate supply
      • Short-run equilibrium output and prices
      • Business cycles in output and prices
      • Internal adjustment to output gaps?
      • Monetary policy and fiscal policy
      • Key concepts
      • End of chapter exercises
    • An AD/ AS model of the inflation rate and real GDP
      • Inflation and aggregate demand
      • Aggregate supply
      • The equilibrium inflation rate
      • Adjustments to output gaps
      • Monetary and fiscal policies
      • Recession, disinflation and deflation
      • Key concepts
      • End of chapter exercises
    • Economic growth
      • Growth in potential output
      • Growth in per capita GDP
      • Technology & growth in per capita output
      • Neoclassical growth theory and the convergence hypothesis
      • Recent growth studies and policy issues
      • Key concepts
      • End of chapter exercises
  • Part Five: International Macroeconomics and Trade Theory
    • International Macroeconomics
      • The balance of payments
      • The foreign exchange market
      • Flexible exchange rates and fixed exchange rates
      • Monetary and fiscal policy with flexible exchange rates
      • Monetary and fiscal policy with fixed exchange rates
      • Key concepts
      • End of chapter exercises
    • International trade
      • Trade in our daily lives
      • Canada in the world economy
      • Comparative advantage: the gains from trade
      • Intra-industry trade
      • Trade barriers: tariffs, subsidies and quotas
      • The politics of protection
      • Institutions governing trade
      • Key concepts
      • End of chapter exercises
  • Glossary
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