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First principles -- Economic models: trade-offs and trade -- Supply and demand -- The market strikes back -- Consumer and producer surplus -- Macroeconomics: the big picture -- Tracking the macroeconomy -- Long run economic growth -- Savings, investment spending, and the financial system -- Aggregate supply and aggregate demand -- Income and expenditure -- Fiscal policy -- Money. banking, and the federal reserve system -- Monetary policy -- Labor markets, unemployment and inflation -- Inflation, disinflation, and deflation -- The making of modern macroeconomics -- International trade -- Open-economy macroeconomics.
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