UNIVERSITY OF ECONOMICS
HO CHI MINH CITY
MACROECONOMICS
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MACROECONOMICS
Macroeconomics is the study of the
economy as a whole. Its goal is to explain
the economic changes that affect many
households, firms, and markets at once.
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Macroeconomics answers questions like the
following:
 Why is average income high in some countries and
low in others?
 Why do prices rise rapidly in some time periods
while they are more stable in others?
 Why do production and employment expand in
some years and contract in others?
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CONTENTS
Chapter 1
AGGREGATE DEMAND AGGREGATE SUPPLY
AND EQUILIBRIUM
Chapter 2
MEASURING AGGREGATE OUTPUT
Chapter 3
THE MULTIPLIER MODEL
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CONTENTS
Chapter 4
THE IS – LM FRAMEWORK
Chapter 5
OPEN-ECONOMY MACROECONOMICS:
BASIC CONCEPTS
Chapter 6
INFLATION AND UNEMPLOYMENT
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REFERENCES
Theory and Problems of Macroeconomic Theory
Eugene A. Diulio, International Edition 1990
Principles of Macroeconomics
Roy J.Ruffin, Paul R. Gregory, Scott, Foresman and
Company 1983
Economics
Paul Krugman, Robin Wells, International Edition 2009
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