Introduction

Welcome  •  Introduction  •  Acknowledgements

Classical Models -- The Role of Aggregate Supply

Overview  •  A Simple Classical Model  •  The Classical Model

Keynesian Models -- The Role of Aggregate Demand

Overview  •  The Simple Keynesian Model  •  The IS/LM Model   •  The IS/LM Model with Flexible Prices
A Simple IS/MP Model  •  The IS/MP Model 

Challenges, Responses, and Extensions -- A Historical View

Overview  •  The Great Depression  •  The Phillips Curve  •  The Keynesian Heyday  •  Crowding Out  •  Monetarism  •  The Natural Rate of Unemployment  •  The New Classical Economics  •  Real Business Cycles  •  Supply-Side Economics  •  New Keynesian Economics  •  The IS/MP Model  •  Taylor Rules  •  Open Economy Macro  •  The Mundell-Fleming Model  •  Growth

Foundations

Overview  •  Production Function and Demand for Labor  •  Labor Supply  •  National Income and Product Accounts (NIPA)  •  Balance of Payments  •  Loanable Funds (Consumption, Saving and Investment)  •  Money  •  Aggregate Demand  •  Aggregate Supply  •  Inflation and Price Indices  •  Unemployment

Comments?  Questions?  macro-at-econmodel-dot-com  Copyright 2006 William R. Parke