¿ Williamson’s Macroeconomics uses a thoroughly modern approach that is consistent with the way that macroeconomic research is conducted today. Introduction; Measurement; Business Cycle Measurement; Consumer and Firm Behavior: The Work?Leisure Decision and Profit Maximization; A Closed-Economy One-Period Macroeconomic Model; Search and Unemployment Labor Market Facts; Economic Growth: Malthus and Solow; Income Disparity Among Countries and Endogenous Growth; A Two-Period Model: The Consumption?Savings Decision and Credit Markets; Credit Market Imperfections: Credit Frictions, Financial Crises, and Social Security; A Real Intertemporal Model with Investment; Money, Banking, Prices, and Monetary Policy; Business Cycle Models with Flexible Prices and Wages; New Keynesian Economics: Sticky Prices; International Trade in Goods and Assets; Money in the Open Economy; Money, Inflation, and Banking; Inflation, the Phillips Curve, and Central Bank Commitment; Mathematical Appendix. Suitable for all readers interested in understanding macroeconomics.

PART Ⅰ Introduction and Measurement Issues Chapter 1 Introduction Chapter 2 Measurement Chapter 3 Business Cycle Measurement PART Ⅱ A One-Period Model of the Macroeconomy Chapter 4 Consumer and Firm Behavior: The work-Leisure Decision and Profit Maximization Chapter 5 A Closed-Economy One-Period Macroeconomic Model Chapter 6 Search and Unemployment PART Ⅲ Economic growth Chapter 7 Economic Growth: Malthus and Solow Chapter 8 Income Disparity Among Countries and Endogenous Growth PART Ⅳ Savings, Investment, and Government Deficits Chapter 9 A Two-Period Model: The Consumption-Savings Decision and Credit Markets Chapter 10 Credit Market Imperfections: Credit Frictions, financial Crises, and Social security Chapter 11 A Real Intertemporal Model with Investment PART Ⅴ Money and Business cycles Chapter 12 Money, Banking, Prices, and Monetary Policy Chapter 13 Business Cycle Models with Flexible Prices and Wages Chapter 14 New Keynesian Economics: Sticky Prices PART Ⅵ International Macroeconomics Chapter 15 International Trade in Goods and Assets Chapter 16 Money in the Open Economy PART Ⅶ Money, Banking, and Inflation Chapter 17 Money, Inflation, and Banking Chapter 18 Inflation, the Phillips Curve, and Central Bank Commitemnt Appendix Mathematical Appendix Index