Macroeconomics

Moving the¬†City Tech¬†ECON¬†1101¬†course¬†to an OER…


Open textbooks to use:

1. Principles of Macroeconomics by OpenStax College is licensed under a Creative Commons License 4.0 International.

Senior Contributing Author: Timothy Taylor, Macalester College

Published: March 2014.

2. Principles of Macroeconomics by Libby Rittenberg (Colorado College) and Timothy Tregarthen (University of Colorado at Colorado Springs) is licensed under a Attribution-NonCommercial-ShareAlike CC BY-NC-SA.


Broken down by syllabus topic(s):
Navigational note: In OpenStax web view, please click on “Contents” in the upper left to see ALL chapter sections
 TOPICS OERs
Topic One Principles: scarcity, macro vs. micro economics; economic decision making; participants in the market economy; economic systems Ch. 1 РWelcome to Economics! & Ch. 2.1 РChoice in a World of Scarcity, OpenStax 
Topic Two Economic models Ch. 2.2 – Production possibilities frontier & Ch. 2.3 – Confronting objections to the economic approach, OpenStax
Topic Three Supply and demand Ch. 3 РDemand and Supply, OpenStax 
Topic Four Macroeconomics: theory and policy

Ch. 6 – the Macroeconomic perspective, OpenStax

Ch. 11 – Aggregate demand/Aggregate supply model, OpenStax

Topic Five  Tracking the Macroeconomy

Ch. 6 – the Macroeconomic perspective, OpenStax

Ch. 7 – Economic growth, OpenStax

Ch. 6 – Measuring total output and income, Rittenberg & Tregarthen

Topic Six  Unemployment and Inflation Ch. 16 РInflation and unemployment, Rittenberg & Tregarthen
Topic Seven  Measuring inflation Ch. 9 Inflation, OpenStax
Topic Eight  Fiscal policy  Ch. 17 РGovernment budgets and Fiscal policy, OpenStax
Topic Nine  Money, banking, and the Federal Reserve System

Ch. 14 РMoney and Banking, OpenStax 

Ch. 15.1 & 15.2 – Federal Reserve Banking System, OpenStax

Topic Ten  Monetary policy Ch. 15.3 Р15.5 Monetary policy, OpenStax
Topic Eleven  International Trade Ch. 20 РInternational trade, OpenStax