Chapter 19

Macroeconomic Problems

In this chapter we discuss four major economic problems which are central to modern macroeconomics

Begin the chapter

Overheads

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Contents

  1. Macroeconomics: Introductory Comments
  2. Macroeconomic Problems
  3. Recessions
  4. Unemployment
    1. Definition of Unemployment
    2. Biases in Measuring Unemployment
    3. Concepts of Unemployment
    4. Kinds of Unemployment
      1. Frictional Unemployment
      2. Cyclical Unemployment
      3. Structural Unemployment
    5. Inflation
      1. Price Indices
      2. Rates of Inflation
      3. Causes of Inflation
      4. Costs of Inflation
      5. Hyperinflation
    6. Economic Stagnation
    7. Chapter Conclusion
    8. Appendix: Updater on the Controversy over Bias in Inflation Measurement
    Next Chapter: Money

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