Macroeconomics

Dr. Roger Arnold is at California State University San Marcos, where his fields of specialization are general microeconomic theory and monetary theory. Dr. Arnold earned his B.S. in economics from the University of Birmingham in England. He received his Ph.D. in economics from Virginia Tech.

Part I: ECONOMICS: THE SCIENCE OF SCARCITY.
1. What Economics Is About.
Appendix A: Working with Diagrams.
Appendix B: Should You Major in Economics?
2. Production Possibilities Frontier Framework.
3. Supply and Demand: Theory.
4. Prices: Free, Controlled, and Relative.
5. Supply, Demand, and Price: Applications.
Part II: Macroeconomic Fundamentals.
6. Macroeconomic Measurements, Part I: Prices and Unemployment.
7. Macroeconomic Measurements, Part II: GDP and Real GDP.
Part III: Macroeconomic Stability, Instability, and Fiscal Policy.
8. Aggregate Demand and Aggregate Supply.
9. Classical Macroeconomics and the Self-Regulating Economy.
10. Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy.
11. Fiscal Policy and the Federal Budget.
Part IV: Money, the Economy, and Monetary Policy.
12. Money, Banking and the Financial System.
13. The Federal Reserve System.
Appendix C: The Market for Reserves (Or the Federal Funds Market).
14. Money and the Economy.
15. Monetary Policy.
Appendix D: Bond Prices and Interest Rates.
Part V: Expectations and Growth.
16. Expectations Theory and the Economy.
17. Economic Growth: Resources, Technology, Ideas, and Institutions.
Part VI: Government and the Economy.
18. Debates in Macroeconomics Over the Role and Effects of Government.
Part VII: Public Choice, and Special-Interest-Group Politics.
19. Public Choice and Special-Interest-Group Politics.
Part VIII: Economics Theory-Building and Everyday Life.
20. Building Theories to Explain Everyday Life: From Observations to Questions to Theories to Predictions.
The Global Economy.
Part IX: International Economics and Globalization.
21. International Trade.
22. International Finance.
Web Chapters.
23. The Economic Case For and Against Government: Five Topics Considered.
24. Stocks, Bonds, Futures, and Options.