1 Introduction to Macroeconomics
2 Measuring the Macroeconomy
3 An Overview of Long-Run Economic Growth
4 A Model of Production
5 The Solow Growth Model
6 Growth and Ideas
7 The Labor Market, Wages, and Unemployment
8 Inflation
9 An Overview of the Short-Run Model
10 The IS Curve
11 Monetary Policy and the Phillips Curve
12 Stabilization Policy and the AS/AD Framework
13 The Global Financial Crisis: Overview
14 The Global Financial Crisis and the Short-Run Model
15 The Government and the Macroeconomy
16 International Trade
17 Exchange Rates and International Finance
18 Parting Thoughts




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Economics in the News

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New York Times

Britain’s Jobless Rate Rises, to 4.4%, for First Time in 2 YearsWed, 21 Feb 2018 11:14:13 GMT
Wage growth remained largely unchanged over the period but jumped in December alone, the Office for National Statistics said.

The Economy Is Getting Hotter. Is a Productivity Boom Next?Wed, 21 Feb 2018 10:00:46 GMT
New research suggests that for the economy to become more productive, demand matters.

Venezuela Launches Virtual Currency, Hoping to Resuscitate EconomyWed, 21 Feb 2018 02:06:23 GMT
Government officials are hoping to spur vitally needed imports like food and medicine and, perhaps, give investors a way of skirting American sanctions.

Robert Reich: The Shrinking Middle ClassTue, 20 Feb 2018 19:05:31 GMT
Berkeley professor and former Secretary of Labor Robert Reich, speaking at The New York Times’s 2018 New Work Summit, said the current path of innovation will widen the economic gap and leave middle-class workers with few well-paying options.

“The New Electricity”Tue, 20 Feb 2018 16:34:41 GMT
Machine-learning pioneer and Landing.ai Founder and C.E.O. Andrew Ng, speaking at The New York Times’s 2018 New Work Summit, discussed the widespread impact of artificial intelligence on the economy.

South Korea’s Most Dangerous Enemy: DemographicsTue, 20 Feb 2018 10:00:17 GMT
The countries of East Asia may need to overcome their ethno-nationalistic resistance to immigration if they want to remain economic powerhouses.

In Colombia Border Town, Desperate Venezuelans Sell Hair to SurviveSat, 17 Feb 2018 10:00:28 GMT
Fleeing crime and economic crisis, more than half a million Venezuelans have entered Colombia, with many homeless, begging for food and suffering abuse.

South Africa Sees Fresh Start for Economy, With the Same ChallengesThu, 15 Feb 2018 23:43:57 GMT
Jacob Zuma’s ouster as president is raising hopes of better fortunes for the nation’s moribund economy, but it will not happen easily.

The White House Is Very Optimistic on Growth. It Shouldn’t Be.Wed, 14 Feb 2018 18:39:47 GMT
Making its forecast come true would require productivity improvements not seen in decades and an atypical policy on interest rates.