The Science of macroeconomics -- The data of macroeconomics -- Classical Theory : The Economy in the Long Run -- National income : Where it comes from and where it goes -- The monetary system : What it is and how it works -- Inflation : Its causes, effects, and social costs -- The open economy -- Unemployment and the labor market -- Growth Theory : The Economy in the Very Long Run -- Economic growth I : Capital accumulation and population growth -- Economic growth II : Technology, empirics, and policy -- Business Cycle Theory : The Economy in the Short Run -- Introduction to economic fluctuations -- Aggregate demand I : Building the IS-LM model -- Aggregate demand II : Applying the IS-LM model -- The open economy revisited : The Mundell-Fleming model and the exchange-rate regime -- Aggregate supply and the short-run tradeoff between inflation and unemployment -- Topics in Macroeconomic Theory and Policy -- A dynamic model of economic fluctuations -- Alternative perspectives on stabilization policy -- Government debt and budget deficits -- The financial system : Opportunities and dangers -- The microfoundations of consumption and investment -- Epilogue. What we know, what we don't -- Part I. Introduction -- Chapter 1. Chapter 2. Part II. Chapter 3. Chapter 4. Chapter 5. Chapter 6. Chapter 7. Part III. Chapter 8. Chapter 9. Part IV. Chapter 10. Chapter 11. Chapter 12. Chapter 13. Chapter 14. Part V. Chapter 15. Chapter 16. Chapter 17. Chapter 18. Chapter 19. Glossary -- Index.
Macroeconomics is the study of the fluctuations in the cycles of income and economic growth, unemployment, production and income distribution, inflation, and financial markets. Simply put, it is the study of aggregate supply and demand.