Introduction

1. Introduction to the Course


What to expect from this course. What economics is all about.
Introduction

2. Economic Thinking


Distinguishing homo economicus from homo sapiens.
Macroeconomic Data

3. National Income


How to measure the annual produce of an entire nation
Macroeconomic Data

4. The Cost of Living


How to see through the money illusion
The Long Run

5. Production and Growth


A modern inquiry into the nature and causes of the wealth of nations
The Long Run

6. The Financial System


First look at macroeconomic plumbing
The Long Run

7. Unemployment


When the most important resource sits idle
The Long Run

8. The Monetary System


Making money
The Long Run

9. Money and Inflation


When the printing press gets hot
Open-Economy Macroeconomics

10. The Open Economy


When a nation is not an island
Open-Economy Macroeconomics

11. Modelling the Open Economy


Making sense of a complicated world
The Short Run

12. Aggregating Demand and Supply


A bird’s view of demand and supply
The Short Run

13. Monetary and Fiscal Policies


Managing the aggregate demand
The Short Run

14. Inflation-Unemployment Trade-off


Choose your poison
Conclusion

15. Big Macroeconomic Debates


Out of conflict comes clarity