tailieunhanh - THE REAL ECONOMY IN THE LONG RUN

THE REAL ECONOMY IN THE LONG RUN 12 Production and Growth 13 Saving, Investment, and the Financial System 14 The Basic Tools of Finance 15 Unemployment These chapters describe the forces that in the long run determine key real variables, including growth in GDP, saving, investment, real interest rates, and unemployment. MONEY AND PRICES IN THE LONG RUN 16 The Monetary System 17 Money Growth and Inflation The monetary system is crucial in determining the long-run behavior of the price level, the inflation rate, and other nominal variables | Macroeconomics N. Gregory Mankiw FIFTH EDITION THE REAL ECONOMY IN THE LONG RUN 12 Production and Growth ----------------- 13 Saving Investment and the Financial System 14 The Basic Tools of Finance 15 Unemployment -------------------------- These chapters describe the forces that in the long run determine key real variables including growth in GDP saving investment real interest rates and unemployment. MONEY AND PRICES IN THE LONG RUN 16 The Monetary System 17 Money Growth and Inflation The monetary system is crucial in determining the long-run behavior of the price level the inflation rate and other nominal variables. THE MACROECONOMICS OF OPEN ECONOMIES 18 Open-Economy Macroeconomics Basic Concepts A nation s economic interactions with other nations are described by its trade balance net foreign investment and exchange rate. 19 A Macroeconomic Theory of the Open Economy A long-run model of the open economy explains the determinants of the trade balance the real exchange rate and other real variables. SHORT-RUN ECONOMIC FLUCTUATIONS 20 Aggregate Demand and Aggregate Supply - 21 The Influence of Monetary and Fiscal Policy on Aggregate Demand 22 The Short-Run Trade-off between Inflation and Unemployment -- The model of aggregate demand and aggregate supply explains short-run economic fluctuations the short-run effects of monetary and fiscal policy and the short-run linkage between real and nominal variables. FINAL THOUGHTS 23 Five Debates over Macroeconomic Policy A capstone chapter presents both sides of five major debates over economic policy. This page intentionally left .