A Primer on Macroeconomics
eBook - ePub

A Primer on Macroeconomics

Policies and Perspectives

  1. 176 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

A Primer on Macroeconomics

Policies and Perspectives

About this book

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Yes, you can access A Primer on Macroeconomics by Thomas M. Beveridge in PDF and/or ePUB format, as well as other popular books in Economics & Economic Theory. We have over one million books available in our catalogue for you to explore.

Information

Edition
2
Index
ADAS model, 241243
Administrative lag, 169
Aggregate demand (AD)
composition of, 117, 151, 164
defined, 116
Aggregate demand (AD) curve, 116118
autonomous and induced components of, 152
demographics, 124125
exchange rates, 123124
expectations, 122123
foreign economic conditions, 123
foreign trade effect and, 120
government policy and, 121122
income distribution, 124
real interest rate effect and, 118120
slope of, 118120, 155
wealth and, 122
wealth effect and, 118
Aggregate price level, 117, 125, 135
Aggregate supply curve, defined, 125
Aggregate supply, defined, 125
Allocative efficiency, 14
American Reinvestment and Recovery Act, 170, 171, 253
Appreciation, 49
Assets, 189
Asymmetrical process, 141
Automatic stabilizers, 174
assessment of, 176
during recession, 174175
during upswing, 176
Average tax rate, 174
Balanced-budget, 167169
Bartering, 182
Bernstein, Jared, 171
Bobo doll, 141
Bond market, 199200
British Royal Mint, 184
Bush, George W., 248
Business cycle, terminology of, 82–85
Business inventories, changes in level of, 71–75
Buyers, composition of, 35–36
Capital flight, 172
Capital resources, 3
Ceteris paribus assumption, 23–24, 117118
Change in quantity demanded, 23, 44
Cheap foreign labor, 229230
China, currency manipulator, 244246
Circular flow diagram, 68–75
Classical economics, 143
crowding-out effect, 145147
loanable funds market, 145147
long run and, 143
money is veil, 144145
policy views of, 145
prices, 143
self-correcting mechanism, 144
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Table of contents

  1. Cover
  2. Half Title Page
  3. Title Page
  4. Copyright
  5. Contents
  6. Preface
  7. Acknowledgments
  8. Chapter 5 Aggregate Demand and Aggregate Supply
  9. Chapter 6 The Government Sector
  10. Chapter 7 The Financial Sector
  11. Chapter 8 The International Sector
  12. Chapter 9 Economic Growth and Lasting Lessons
  13. About the Author
  14. Index