Includes index.

Part 1 - Introduction and National Income Accounting Chapter 1 - Introduction Chapter 2 - National Income Accounting Part 2 - Growth, Aggregate Supply and Demand, and Policy Chapter 3 - Growth and Accumulation Chapter 4 - Growth and Policy Chapter 5 - Aggregate Supply and Demand Chapter 6 - Aggregate Supply and the Phillips CurveChapter 7 - Unemployment Chapter 8 - Inflation Chapter 9 - Policy Preview Part 3 - First Models Chapter 10 - Income and SpendingChapter 11 - Money, Interest, and IncomeChapter 12 - Monetary and Fiscal Policy Chapter 13 - International Linkages Part 4 - Behavioral Foundations Chapter 14 - Consumption and Saving Chapter 15 - Investment Spending Chapter 16 - The Demand for Money Chapter 17 - The Fed, Money, and Credit Chapter 18 - Policy Chapter 19 - Financial Markets and Asset Prices Chapter 20 - The National DebtPart 5 - Big Events, International Adjustments, and Advanced Topics Chapter 21 - Recession and Depression Chapter 22 - Inflation and HyperinflationChapter 23 - International Adjustment and InterdependenceChapter 24 - Advanced Topics

Explains both the potential and limitations of economic policy. This book employs a model-based approach to macroeconomic analysis and demonstrates how various models are connected with the goal of giving students the capacity to analyze various economic issues in the context of an economic frame of reference.