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Textbook Site for:
Fundamentals of Economics , Second Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Chapter Outlines
Chapter 16: Macroeconomic Policy, Business Cycles, and Growth
  1. The Phillips Curve
    1. An Inflation-Unemployment Tradeoff?
    2. Short-Run Versus Long-Run Tradeoffs
  2. The Role of Expectations
    1. Expected Versus Unexpected Inflation
    2. Forming Expectations
  3. Sources of Business Cycles
    1. The Political Business Cycle
    2. Real Business Cycles
  4. The Link Between Monetary and Fiscal Policies
  5. Economic Growth
    1. The Determinants of Growth
    2. Productivity
Summary/Key Terms/Exercises


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