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Macro Economics

PART I.  AN INTRODUCTION TO ECONOMICS AND ECONOMY

  • Nature and Method of Economics
  • Economics Problems
  • Pure Capitalism and Circular Flow
  • Understanding Individual Markets: Demand and Supply
  • The Private Sector and the Market System
  • The Public Sector

PART II.  NATIONAL INCOME, EMPLOYMENT, AND FISCAL POLICY

  • Measuring Domestic Output, National Income, and the Price Level
  • Unemployment and Inflation
  • Aggregate Demand and Aggregate Supply
  • Classical and Keynesian Theories of Employment
  • Fiscal Policy

PART III.  MONEY, BANKING AND MONETARY POLICY

  • Money and Banking
  • How Banks create Money
  • The Federal Reserve Banks and Monetary Policy

PART IV.  PROBLEMS IN MACROECONOMICS

  • Monetarism and Rational Expectations
  • The Inflation- Unemployment Relationship
  • Budget Deficits and the Public Debt
  • Economic Growth

PART V. INTERNATIONAL ECONOMICS AND THE WORLD ECONOMY

  • International Trade
  • Exchange Rates, Balance of Payments and Trade Deficits
  • Growth and the Less Developed Economies
Accounting, Macro Economics Private Tutor in Houston, Richmond, Sugarland, NY | Prerna Sareen