Part I: Introduction1. The Science of Macroeconomics2. The Data of MacroeconomicsPart II: Classical Theory: The Economy in the Long Run3. National Income: Where It Comes From and Where It Goes.-4. The Monetary System: What It Is and How It Works.-5. Inflation: Its Causes, Effects, and Social Costs.-6. The Open Economy.-7. Unemployment and the Labor MarketPart III: Growth Theory: The Economy in the Very Long Run8. Economic Growth I: Capital Accumulation and Population Growth.-9. Economic Growth II: Technology, Empirics, and PolicyPart IV: Business Cycle Theory: The Economy in the Short Run.-10. Introduction to Economic Fluctuations.-11. Aggregate Demand I: Building the IS-LM Model.-12. Aggregate Demand II: Applying the IS-LM Model.-13. The Open Economy Revisited: The Mundell-Fleming Model and the Exchange-Rate Regime.-14. Aggregate Supply and the Short-run Tradeoff Between Inflation and UnemploymentPart V: Topics in Macroeconomic Theory Thoroughly revised!15. A Dynamic Model of Economic Fluctuations.-16. Alternative Perspectives on Stabilization Policy17. Government Debt and Budget Deficits18. The Financial System: Opportunities and Dangers19. The Microfoundations of Consumption Epilogue: What We Know, What We Don'tGlossaryIndex