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Textbook
Macroeconomics as a Second LanguageJanuary 2011, ©2011
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Macroeconomics as a Second Language, a new volume in Wiley's bestselling As a Second Language series, is a study and review guide for students taking principles of macroeconomics courses or for any student who needs a review of fundamental concepts. A professor of the course for more than a decade, Olney combines her insights and experience in the classroom into this concise and accessible text.
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Table of Contents
Chapter 1: Economics Tools – Math and Graphing
Chapter 2: Production Possibilities Frontier, Economic Growth, and Gains from Trade
Chapter 3: Demand and Supply
Chapter 4: Measuring the Macroeconomy
Chapter 5: Long-Run Economic Growth
Chapter 6: Keynesian Cross
Chapter 7: Aggregate Demand
Chapter 8: The Spending Multiplier
Chapter 9: Macroeconomic Policy: The Overview
Chapter 10: Fiscal Policy
Chapter 11: Money Creation
Chapter 12: The Money Market
Chapter 13: Monetary Policy and Interest Rates
Chapter 14: Inflation and Output: The AS/AD Approach
Chapter 15: Input and Output: The Monetary Policy Approach
Chapter 16: Open Economy Macroeconomics
Answers to all “TRY” Questions
Index
Chapter 2: Production Possibilities Frontier, Economic Growth, and Gains from Trade
Chapter 3: Demand and Supply
Chapter 4: Measuring the Macroeconomy
Chapter 5: Long-Run Economic Growth
Chapter 6: Keynesian Cross
Chapter 7: Aggregate Demand
Chapter 8: The Spending Multiplier
Chapter 9: Macroeconomic Policy: The Overview
Chapter 10: Fiscal Policy
Chapter 11: Money Creation
Chapter 12: The Money Market
Chapter 13: Monetary Policy and Interest Rates
Chapter 14: Inflation and Output: The AS/AD Approach
Chapter 15: Input and Output: The Monetary Policy Approach
Chapter 16: Open Economy Macroeconomics
Answers to all “TRY” Questions
Index
Hallmark Features
- Opening chapter key concepts: A list of key terms and concepts, graphs, and equations covered in the chapter to keep the student on track.
- “TIP” Notes: Tricks in each chapter for remembering key concepts or common errors to avoid.
- “TRY” Questions: These questions give students the chance to test what they’ve learned throughout the book. Answers to all the “TRY” questions can be found in the back of the book.
- Emphasis on Fundamentals: It ‘cuts right to the chase’ by focusing in on the concepts, assumptions, and models essential to the student’s overall understanding of macroeconomics.



