Unit One

Text

The Goals of Macroeconomics

Word Study

Exercises

Reading Practice:An Economic Role For Government

Unit Two

Text

Aggregate Supply and Aggregate Demand in Macroeconomics

Aggregate Supply

Aggregate Demand

Shifts in Aggregate Demand

Word Study

Exercises

Reading Practice:The Classical and Keynesian Models

Unit Three

Text

Money and Banking

Money

Banks

Interest Rate

The Federal Budget Deficit

Word Study

Exercises

Reading Practice:Key Financial Markets

The Burden of Government Borrowing

The Problem of the Twin Deficits

Unit Four

Text

The Trade Deficit

Word Study

Exercises

Reading Practice:The Debt Monster:Reality and Myths

Unit Five

Text

Costs and Benefits of Inflation

Shoe-leather Costs

Tax Distortions

Inflation Variability

Money Illusion

Seignorage

The Option of Negative Real Interest Rates

Money Illusion Revisited

Word Study

Exercises

Reading Practice:How Do Hyperinflations End?

Unit Six

Text

Unemployment

The Rate of Job Loss

Rate of Job Finding

Unemployment during the Recession of the Early 1990s

Word Study

Exercises

Reading Practice:Forms of Unemployment and Its Side Effects

Unit Seven

Text

Insurance

Word Study

Exercises

Reading Practice:Risk Financing Techniques for the Multinational Corporation

Industry Arguments for Protection

Protection

Text

Unit Eight

Protectionism,1980s Style

Word Study

Exercises

Reading Practice:International Trade

Unit Nine

Text

Characteristics of a Good Tax System

Word Study

Exercises

Reading Practice:Tax Revenues

Increases in the Accumulation of Capital Goods

The Sources of Productivity Growth

Text

Unit Ten

Higher Quality of the Labor Force

Reallocating Resources

Technological Change

Word Study

Exercises

Reading Practice:The Determinants of Technological Progress

Unit Eleven

Text

Information Gathering and Price Dispersion

Information Problems Word Study

Exercises

Reading Practice:Advertising

Unit Twelve

Text

The Nature of Fluctuations in Economic Activity

The Traditional Business—Cycle View

The Real Business—Cycle View

Monetarist and New Classical Views

New Keynesian Views

Word Study

Exercises

Reading Practice:Keynesians Versus Monetarists

Appendix Ⅰ 模拟试题二份

Appendix Ⅱ 词汇表

Appendix Ⅲ 参考书目