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Part I: Introduction
1. The Science of Macroeconomics
2. The Data of Macroeconomics

Part II: Classical Theory: The Economy in the Long Run
3. 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 Market

Part III: Growth Theory: The Economy in the Very Long Run
8. Economic Growth I: Capital Accumulation and Population Growth.-
9. Economic Growth II: Technology, Empirics, and Policy

Part 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 Unemployment

Part V: Topics in Macroeconomic Theory Thoroughly revised!
15. A Dynamic Model of Economic Fluctuations.-
16. Alternative Perspectives on Stabilization Policy
17. Government Debt and Budget Deficits
18. The Financial System: Opportunities and Dangers
19. The Microfoundations of Consumption

Epilogue: What We Know, What We Don't

Glossary
Index

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The number one textbook for intermediate macroeconomics courses since its first edition, this title is known for conveying the cutting edge in macroeconomics theory, research, and policy to the classroom, explaining complex concepts with exceptional clarity.