PrefacePart 1IntroductionChapter 1What is Economics?1AppendixGraphs in Economics8Chapter 2The Economic Problem19Chapter 3Demand and Supply37Part2Monitoring MacroeconomicPerformanceChapter 4Measuring GDP and Economic Growth52Chapter 5Monitoring Jobs and Inflation65Part3Macroeconomic TrendsChapter 6Economic Growth77Chapter 7Finance, Saving, and Investment88Chapter 8Money, the Price Level, and Inflation100Chapter9The Exchange Rate and the Balance of Payments114Part4Macroeconomic FluctuationsChapter10Aggregate Supply and Aggregate Demand126Chapter 11Expenditure Multipliers140Chapter 12TheBusiness Cycle, Inflation, and Deflation155Part5Macroeconomic PolicyChapter 13Fiscal Policy168Chapter 14Monetary Policy182Chapter 15International Trade Policy196T a b l e o f C o n t e n t s
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