Macroeconomics : Private and Public Choice

Preface -- Acknowledgments -- I. The economic way of thinking - An introduction -- 1. The Economic Approach -- 2. Some Tools of the Economist -- 3. Market Decisions and the Market Process -- 4. A Bird`s-Eye View of the Public Sector -- 5. Taxes and Government Spending -- -- II. Macroeconomics -- 6. Taking the Nation`s Economic Pulse -- 7. Unemployment, Inflation, and Business Cycles -- 8. Aggregate Equilibrium and a Simple Keynesian Model -- 9. The Multiplier, Accelerator, and a Keynesian View of the Business Cycle -- 10. Fiscal Policy -- 11. Money and the Banking System -- 12. Money, Employment, Inflation, and a More Complete Keynesian Model -- 13. The Business Cycle and Inflation - The Monetarist View -- 14. The Monetarist View of Macropolicy -- 15. Dealing with Unemployment and Inflation -- -- III. International Economics -- 16. Gaining from International Trade -- 17. International Finance and Balance of Payments -- 18. Comparative Economic Systems -- -- IV. Public Choice -- 19. Problem Areas for the Market -- 20. Public Choice and Gaining from Government -- 21. The Economics of Government Fallure -- -- Appendix A. A Graphic Look at Economics -- Appendix B. Analyzing the Equilibrium Level of Income with Equations -- Appendix C. Analyzing Aggregate Equilibrium with the IS-LM Model Suggestions for Additional Reading -- Hints for Answering Discussion Questions -- Index