1. Introduction and Overview -- 2. National Income Accounts -- 3. Budget Deficits, Trade Deficits and Global Capital Flows: The National Savings Identity -- 4. Aggregate Demand: Setting the Stage for Demand-Side Stabilization -- 5. Demand-Side Stabilization: Overheating, Hard Landing, and Everything in Between -- 6. Long-Term Interest Rates, the Yield Curve, and Hyperinflation -- 7. ISLM: The Engine Room -- 8. The Classical Model -- 9. The Keynesian Model -- 10. The Supply-Side Model and the New Economy -- 11. Central Banks and Monetary Policy -- References.

"Macroeconomic Policy" is an applications oriented text designed for individuals who desire a hands-on approach to analyzing the effects of fiscal and monetary policies. The book demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. MBA and Executive MBA students who appreciate the importance of monetary and fiscal analysis will find this text to be right on target. Financial analysts and individual investors who need to strip away economic myths and jargon and systematically examine and understand the effects of macro policies will also find the book extremely useful.