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macroeconomics
macroeconomics
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Book Introduction
I wrote this from the perspective of a student, with the following seven principles in mind.

First, to reduce the learning burden on students, the introduction starts off easy and the difficulty gradually increases as it progresses.
Second, the learning content is briefly explained in 40 chapters to make it easier for students to understand.
Third, we provided supplementary explanations of mathematics when absolutely necessary to accurately understand the content.
Fourth, in the parts that are essential for understanding the theory, we included content directly analyzed through data and cases.
Fifth, while based on the author's own framework and system, I have tried to incorporate as many of the strengths of existing excellent foreign textbooks as possible.
Sixth, the content of the text is summarized at the end of each section, allowing readers to grasp the entire flow of the section in a short period of time.
Seventh, when using it as a textbook by dividing it into 40 chapters, you can select the chapters to include in your studies.
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index
Part 1: Fundamentals of Macroeconomics
Chapter 1: Major Concerns of Macroeconomics
Chapter 2: Macroeconomic Measurement I: National Income
Chapter 3: Macroeconomic Measurement II: Inflation and Unemployment
Chapter 4: Production and Distribution of National Income
Appendix: Key Macroeconomic Variables Related to the Production Function
Chapter 5 National Income in Expenditure Aspects
Appendix: The Circular Process of an Open Economy
Summary of Part 1
Part 1 Practice Problems

Part 2: Theory of National Income Determination: Simple Model
Chapter 6: Classical School Model
Chapter 7 Simple Keynesian Model
Chapter 8: Unemployment: Classical vs. Keynesian
Appendix: Trends in Unemployment and Economic Growth Rates in Korea 86
Summary of Part 2
Part 2 Practice Problems

Part 3: Money and Macroeconomics
Chapter 9: Money and Financial Markets
Chapter 10 Money and Prices
Chapter 11: Interest Rates: Classical vs. Keynesian
Appendix: Expected Inflation and Prices 126
Summary of Part 3
Part 3 Practice Problems

Part 4: The Demand Side of Macroeconomics
Chapter 12: Derivation of the IS-LM Curve
Chapter 13: The IS-LM Model and Fiscal and Monetary Policy
Appendix: IS-LM Analysis of the Corona Economic Crisis
Chapter 14: Prices, Expected Inflation, and the IS-LM Model
Appendix: IS-LM Model Expressed in Formulas
Summary of Part 4
Part 4 Practice Problems

Part 5: Aggregate Demand and Aggregate Supply Model
Chapter 15 Short-Term and Long-Term
Chapter 16: Deriving the Aggregate Supply Curve I: Error and Incomplete Information
Chapter 17: Deriving the Aggregate Supply Curve II: Rigidity of Wages and Prices
Appendix: Imperfect Competition and the Aggregate Supply Curve
Chapter 18: Expectation Formation and the Aggregate Supply Curve
Chapter 19: Aggregate Demand and Aggregate Supply Shocks and Business Cycles
Chapter 20: The Phillips Curve
Appendix: The Phillips Curve and Okun's Law in Korea 248
Summary of Part 5
Part 5 Practice Problems

Part 6: Economic Growth
Chapter 21: Factors of Economic Growth and Growth Accounting
Appendix: Growth Accounting in Korea
Chapter 22: Capital Accumulation and the Solow Model
Appendix: Aging and Economic Growth
Chapter 23: Technological Progress and the Solow Model
Chapter 24: Endogenous Growth Theory
Summary of Part 6
Part 6 Practice Problems

Part 7: Microeconomic Foundations of Macroeconomics
Chapter 25: Consumption Theory I: Basic Model
Chapter 26: Consumption Theory II: Multiperiod Choice
Chapter 27: Consumption Theory III: Fiscal Policy and Consumption
Appendix: Characteristics of Consumption Fluctuations in Korea
Chapter 28: Investment Theory I: Basic Model
Appendix: Marginal Efficiency of Capital and Marginal Efficiency of Investment
Chapter 29: Investment Theory II: Investment Instability
Appendix: Characteristics of Fluctuations in Facility Investment in Korea
Chapter 30: The Supply of Money
Chapter 31: The Demand for Money
Appendix: Characteristics of Korea's Money Demand Function
Summary of Part 7
Part 7 Practice Problems

Part 8: Open Macroeconomy
Chapter 32 Balance of Payments and Exchange Rates
Appendix: Derivation of the Marshall-Lerner Conditions
Chapter 33 Purchasing Power Parity and Interest Rate Parity
Appendix: Country Risk and Interest Rate Assessment
Chapter 34: Open Macroeconomic Models: Demand Side
Chapter 35: Exchange Rate and Price Adjustment, Foreign Exchange Crisis, and the Choice of Exchange Rate System
Appendix: Managed Floating Exchange Rates and Stalwart Foreign Exchange Market Intervention
Summary of Part 8
Part 8 Practice Problems

Part 9: Debate on Economic Fluctuations and Stabilization Policies
Chapter 36: The Challenge of the New Classical School
Chapter 37 RBC Theory
Chapter 38: Main Theories of New Keynesianism
Chapter 39: Interest Rate Rules and the IS-MP Model
Chapter 40 Stabilization Policy: Comprehensive
Appendix: Calculating the Government Debt Ratio
Summary of Part 9
Part 9 Practice Problems

Appendix Practice Questions (Multiple-Choice, Descriptive) Answers and Explanations
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GOODS SPECIFICS
- Date of issue: June 30, 2022
- Page count, weight, size: 640 pages | 188*257*35mm
- ISBN13: 9791156646051
- ISBN10: 1156646057

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