Principles of macroeconomics

Abstract

Macroeconomics is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole. This textbook presents an overview of macroeconomic issues such as: supply and demand, the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are introduced, as are public debt and international economic issues. It also introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies