Macroeconomics

  1. The Real Economy in the Long Run
    1. Production and Economic Growth
      1. Economic Growth Around the World
        1. Growth Patterns
          1. Convergence and Divergence
            1. Growth Miracles and Disasters
            2. The Role of Productivity
              1. Definition of Productivity
                1. Labor Productivity
                  1. Total Factor Productivity
                    1. Importance for Living Standards
                    2. Determinants of Productivity
                      1. Physical Capital per Worker
                        1. Investment in Capital
                          1. Capital Accumulation
                            1. Capital Deepening
                            2. Human Capital per Worker
                              1. Education
                                1. Training
                                  1. Health
                                    1. Experience
                                    2. Natural Resources per Worker
                                      1. Renewable Resources
                                        1. Nonrenewable Resources
                                          1. Resource Curse
                                          2. Technological Knowledge
                                            1. Innovation
                                              1. Research and Development
                                                1. Technology Transfer
                                              2. The Production Function
                                                1. Mathematical Representation
                                                  1. Cobb-Douglas Production Function
                                                    1. Returns to Scale
                                                      1. Marginal Products
                                                      2. Growth Accounting
                                                        1. Sources of Growth
                                                          1. Solow Residual
                                                            1. Decomposition Methods
                                                            2. Theories of Economic Growth
                                                              1. Solow Growth Model
                                                                1. Assumptions
                                                                  1. Steady State
                                                                    1. Convergence
                                                                    2. Endogenous Growth Theory
                                                                      1. AK Model
                                                                        1. Human Capital Models
                                                                          1. R&D Models
                                                                        2. Public Policy and Economic Growth
                                                                          1. Saving and Investment
                                                                            1. Policies to Encourage Saving
                                                                              1. Policies to Encourage Investment
                                                                                1. Tax Incentives
                                                                                2. Diminishing Returns and Catch-Up Effect
                                                                                  1. Implications for Growth Rates
                                                                                    1. Conditional Convergence
                                                                                    2. Investment from Abroad
                                                                                      1. Foreign Direct Investment
                                                                                        1. Foreign Portfolio Investment
                                                                                          1. Technology Transfer
                                                                                          2. Education and Health
                                                                                            1. Human Capital Policies
                                                                                              1. Health and Productivity
                                                                                                1. Public vs Private Investment
                                                                                                2. Property Rights and Political Stability
                                                                                                  1. Corruption and Growth
                                                                                                    1. Institutional Quality
                                                                                                    2. Free Trade
                                                                                                      1. Trade Policies
                                                                                                        1. Openness and Growth
                                                                                                          1. Comparative Advantage
                                                                                                          2. Research and Development
                                                                                                            1. Government Support
                                                                                                              1. Private Sector Innovation
                                                                                                                1. Patent Systems
                                                                                                            2. Saving, Investment, and the Financial System
                                                                                                              1. The Financial System
                                                                                                                1. Functions of Financial System
                                                                                                                  1. Mobilizing Savings
                                                                                                                    1. Allocating Capital
                                                                                                                      1. Risk Management
                                                                                                                        1. Information Processing
                                                                                                                        2. Financial Markets
                                                                                                                          1. The Bond Market
                                                                                                                            1. Government Bonds
                                                                                                                              1. Corporate Bonds
                                                                                                                                1. Municipal Bonds
                                                                                                                                  1. Bond Ratings
                                                                                                                                    1. Yield Curves
                                                                                                                                    2. The Stock Market
                                                                                                                                      1. Primary Markets
                                                                                                                                        1. Secondary Markets
                                                                                                                                          1. Stock Exchanges
                                                                                                                                            1. Stock Indexes
                                                                                                                                              1. Market Efficiency
                                                                                                                                            2. Financial Intermediaries
                                                                                                                                              1. Banks
                                                                                                                                                1. Commercial Banks
                                                                                                                                                  1. Investment Banks
                                                                                                                                                    1. Role in the Economy
                                                                                                                                                      1. Types of Accounts
                                                                                                                                                      2. Mutual Funds
                                                                                                                                                        1. Diversification
                                                                                                                                                          1. Management Styles
                                                                                                                                                            1. Index Funds
                                                                                                                                                            2. Insurance Companies
                                                                                                                                                              1. Pension Funds
                                                                                                                                                            3. Saving and Investment in National Income Accounts
                                                                                                                                                              1. The Meaning of Saving and Investment
                                                                                                                                                                1. Private Saving
                                                                                                                                                                  1. Public Saving
                                                                                                                                                                    1. National Saving
                                                                                                                                                                      1. Investment Definition
                                                                                                                                                                      2. The Identity of Saving and Investment
                                                                                                                                                                        1. Closed Economy
                                                                                                                                                                          1. Open Economy
                                                                                                                                                                          2. The Market for Loanable Funds
                                                                                                                                                                            1. Supply of Loanable Funds
                                                                                                                                                                              1. Demand for Loanable Funds
                                                                                                                                                                                1. Equilibrium Interest Rate
                                                                                                                                                                                  1. Market Clearing
                                                                                                                                                                                  2. Policy Impacts on Loanable Funds Market
                                                                                                                                                                                    1. Saving Incentives
                                                                                                                                                                                      1. Investment Incentives
                                                                                                                                                                                        1. Government Budget Deficits and Surpluses
                                                                                                                                                                                          1. Crowding Out Effect
                                                                                                                                                                                            1. Ricardian Equivalence