Economics and economic reasoning -- Economic organization of society -- U.S. economy in a global setting -- Supply and demand -- Using supply and demand -- Economic growth, business cycles, unemployment, and inflation -- National income accounting -- Growth, productivity, and the wealth of nations -- Aggregate demand, aggregate supply, and modern macroeconomics -- multiplier model -- Demand management policy -- Politics, surpluses, deficits, and debt -- Money, banking, and the financial sector -- Monetary policy and the debate about macro policy -- Inflation and its relationship to unemployment and growth -- Open economy macro: Exchange rate and trade policy -- International dimensions of monetary and fiscal policies -- Tools, rules, and policy

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