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Macroeconomics Principles of Macroeconomics (Mankiw's Principles of Economics)
Principles of Macroeconomics (Mankiw's Principles of Economics)

Principles of Macroeconomics (Mankiw's Principles of Economics) Mankiw • 8th Edition • 978-1305971509

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Ch. 1 - Ten Principles of Economics

Introduction to Economics Three Key Economic Ideas Productive and Allocative Efficiency

Ch. 2 - Thinking Like an Economist

Positive and Normative Statements Circular Flow Diagram Production Possibilities Frontier (PPF) - Introduction and Productive Efficiency PPF - Increasing Marginal Opportunity Costs and Allocative Efficiency PPF - Outward Shifts Graphing Review Percentage and Decimal Review Fractions Review

Ch. 3 - Interdependence and the Gains from Trade

PPF - Comparative Advantage and Absolute Advantage PPF - Comparative Advantage and Trade PPF - Price of the Trade

Ch. 4 - The Market Forces of Supply and Demand

Introduction to Supply and Demand The Basics of Demand Individual Demand and Market Demand Shifting Demand The Basics of Supply Individual Supply and Market Supply Shifting Supply Big Daddy Shift Summary Supply and Demand Together: Equilibrium, Shortage, and Surplus Supply and Demand Together: One-sided Shifts Supply and Demand Together: Both Shift

Ch. 5 - Elasticity and Its Application

Percentage Change and Price Elasticity of Demand Elasticity and the Midpoint Method Price Elasticity of Demand on a Graph Determinants of Price Elasticity of Demand Total Revenue Test Total Revenue Along a Linear Demand Curve Income Elasticity of Demand Cross-Price Elasticity of Demand Price Elasticity of Supply Price Elasticity of Supply on a Graph Elasticity Summary

Ch. 6 - Supply, Demand, and Government Policies

Price Ceilings, Price Floors, and Black Markets Introducing Taxes and Tax Incidence The Laffer Curve

Ch. 7 - Consumers, Producers, and the Efficiency of Markets

Consumer Surplus and WIllingness to Pay Producer Surplus and Willingness to Sell Economic Surplus and Efficiency

Ch. 8 - Application: The Costs of Taxation

Effects of Taxes on a Market Elasticity and Taxes

Ch. 9 - Application: International Trade

Exporting and Importing Sources of Comparative Advantage Tariffs on Imports Import Quotas and VERs Arguments Against International Trade

Ch. 10 - Measuring a Nation's Income

Calculating GDP Detailed Explanation of GDP Components Nominal GDP and Real GDP Shortcomings of GDP

Ch. 11 - Measuring the Cost of Living

Consumer Price Index (CPI) Using CPI to Adjust for Inflation Problems with the Consumer Price Index (CPI) Nominal Interest, Real Interest, and the Fisher Equation

Ch. 12 - Production and Growth

Productivity and the Per-Worker Production Function Institutions that Promote Economic Growth

Ch. 13 - Saving, Investment, and the Financial System

Financial System Definitions Savings Equal Investment Market for Loanable Funds Shifts in the Market for Loanable Funds Stocks, Bonds, and Mutual Funds

Ch. 14 - The Basic Tools of Finance

Risk and Insurance Risk and Diversification Time Value of Money Calculations Calculating Bond and Stock Prices

Ch. 15 - Unemployment

Labor Force and Unemployment Types of Unemployment Labor Unions and Collective Bargaining Unemployment: Minimum Wage Laws and Efficiency Wages Unemployment Trends

Ch. 16 - The Monetary System

The Functions of Money; The Kinds of Money Defining the Money Supply: M1 and M2 Required Reserves and the Deposit Multiplier Introduction to the Federal Reserve The Federal Reserve and the Money Supply

Ch. 17 - Money Growth and Inflation

The Demand for Money The Money Supply on the Graph Quantity Theory of Money Nominal Interest, Real Interest, and the Fisher Equation Costs of Inflation: Shoe-leather Costs and Menu Costs

Ch. 18 - Open-Economy Macroeconomics: Basic Concepts

Net Exports Equal Net Foreign Investment Balance of Trade; Trade Deficit and Trade Surplus Exchange Rates: Introduction Exchange Rates: Nominal and Real Exchange Rates: Purchasing Power Parity

Ch. 19 - A Macroeconomic Theory of the Open Economy

Exchange Rates: Equilibrium Exchange Rates: Shifts in Supply and Demand Exchange Rates and Net Exports Budget Surplus and Budget Deficit

Ch. 20 - Aggregate Demand and Aggregate Supply

Aggregate Demand Shifting Aggregate Demand Long Run Aggregate Supply Short Run Aggregate Supply Shifting Short Run Aggregate Supply AD-AS Model: Equilibrium in the Short Run and Long Run AD-AS Model: Shifts in Aggregate Demand

Ch. 21 - The Influence of Monetary and Fiscal Policy on Aggregate Demand

The Demand for Money The Money Supply on the Graph Monetary Policy and Aggregate Demand Expansionary and Contractionary Monetary Policy Introduction to Fiscal Policy Expansionary and Contractionary Fiscal Policy Government Purchases and the Multiplier Effect Criticisms of Fiscal Policy

Ch. 22 - The Short-Run Trade-off between Inflation and Unemployment

Short Run Phillips Curve Long Run Phillips Curve Phillips Curve and Expected Inflation Phillips Curve and Supply Shocks Sacrifice Ratio Disinflation and Deflation

Ch. 23 - Six Debates over Macroeconomic Policy

Criticisms of Fiscal Policy Taxes, the Multiplier Effect, and Automatic Stabilizers Taylor Rule Who is Affected by Inflation? Budget Surplus and Budget Deficit

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