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Learning Basic Macroeconomics by Hal W. Snarr

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Index

AD. See Aggregate demand

AE. See Aggregate expenditure

Aggregate demand, 19, 55, 57–58

Aggregate demand (AD), 54–55

Aggregate expenditure (AE), 43–55

Aggregate market model, 66–68

business cycle, 70–72

fiscal policy multipliers revisited, 68–69

long-run aggregate supply, 59–63

short-run aggregate supply, 63–66

simulated aggregate demand, 57–58

American Recovery and Reinvestment Act, 76

Austrian economics, 89, 90, 91

The Austrian School, 89–91

Balanced-budget multiplier, 54

The Black Obelisk (Maria, Erich), 118

Business cycle, 70–72

Capital Based Macroeconomics (CBM), 123–125

CBM. See Capital Based Macroeconomics

Central planning, 10–14

The Chicago school, 88–89

Classical economics versus Keynesian economics, 73

The classical school, 109 ...

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