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Thinking about Interest Rates, Prices, and the Economy

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Thinking about Interest Rates, Prices, and the Economy

J. Mushin

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Interest Rates, Prices, and the Economy presents a new approach to macroeconomics that is both rigorous and accessible. Instructors who use Thinking about Interest Rates, Prices, and the Economy, which is based on many years of teaching experience, will be able to ensure that their students derive maximum value from Interest Rates, Prices, and the Economy. The author has found that students enjoy this style of teaching and that it produces graduates who are knowledgeable and enthusiastic about economic theory and its applications.

Acknowledgements 

Introduction 

1 The Nature of Macroeconomic Issues

2 Determinants and Significance of Aggregate Demand

3 The IS Line: Income, Interest Rates, and the   Goods Market

4 The Money Supply and its Determinants

5 The LM Line: Income, Interest Rates, and   the Money Market

6 The Interaction of the Goods Market and the   Money Market

7 Digression on Pre-Keynesian Economic Theory

8 The Role of the Price Level in Aggregate Demand and Supply

9 Inflation: Causes, Effects, Policy

10 Unemployment: Causes, Effects, Policy

11 Exchange Rates and International Payments

12 The BP Line: Income, Interest Rates, and the Currency Market

13 The Complete Model

14 Conclusions: Overview of Macroeconomic Theory

 Glossary

 Notation

 Answers 

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