Monday, December 31, 2012

About Macroeconomics



  • Intro
    • stabilization policy
      • fiscal policy vs monetary policy
      • secular long-run growth
    • economic aggregates
      • aggregate output
      • aggregate price level
      • investment spending
      • current account & financial account
    • business cycle
      • depression, recession, expansion
    • employment
      • employment, unemployment
      • labor force = employment + unemployment
      • discouraged worker
      • underemployment
    • inflation vs deflation
      • concepts of nominal vs real
      • consumer price index: CPI
      • price stability
      • inflation rate
    • open economy vs close economy
      • trade balance
      • capital flows
  • CH 24
    • national income and product accounts (national accounts)
    • consumer spending
    • physical capital & financial capital
    • government transfer
      • social security benefit
    • disposable income

    • private saving
      • financial market
    • government borrowing
    • government purchase of goods and services
    • investment spending
    • final goods and services

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