Text and Notes in Principles of Macroeconomics
A series of long, structured explanatory essays on topical aspects of economics, including student questions and exercises as well as references to the CORE textbooks. Recent topics include public debt, inequality, and the reforms that have taken place since the global financial crisis.
Introduction to macroeconomics in the form of 15 chapters, subdivided into a total of 137 lessons, each with an animated video, a transcript and a self-text quiz. A 16th chapter is a set of flashcards for revision. Access to the videos, full transcripts and quizzes requires a paid login. Author names and qualifications are given in each lesson.
Dating from 2020, this is a 15-chapter textbook intended for a one-semester course in macroeconomic theory, adapted from the authors' Macroeconomics: Theory, Markets, and Policy.
"It examines the Canadian economy as an economic system, and embeds current Canadian institutions and approaches to monetary policy and fiscal policy within that system. The text observes short-run macroeconomic performance, analysis, and policy motivated by the recessions of the early 1980s and 1990s, the financial crisis and recession of 2008-2009, and the prolonged recovery in most industrial countries. A traditional Aggregate Demand and Supply (AD-AS) model is introduced, and a basic modern AD-AS model is developed."
New School Economic Review (NSER) is a student-run economics journal and blog that is free to access. The blog discusses topical economic issues in relation to articles that appear in the journal Issues of particular concern include: political economy, development, trade, philosophy of economics, and macroeconomics.
This short essay uses quotes from "The Logic of Collective Action" by Mancur Olson to explain in simple terms why government can be expected to make decisions that harm the economy. It introduces the concept of the different marginal effect of participation in small and large groups.
This short essay makes a case in simple terms that tariffs hurt the economy of the country that imposes them as well as the economies of the countries they are imposed on.
This is a set of hyperlinked mindmaps, including textual notes, images and hyperlinks, starting with Economic Environment of business. Reading the files requires the free MindManager viewer software, which is available for a variety of platforms. Previews of a couple of mind maps are available as PDFs, with reduced functionality.
This website supports the textbook Macroeconomics in Context by Goodwin et al. It combines mainstream macroeconomic principles with environmental and social considerations, considering alternatives to the conventional GDP measure. Sample chapters are available, along with student study guides for each chapter and lecture slides.
An open online textbook, divided into 38 chapters, drawn from various open educational sources including MIT Open CourseWare and Wikipedia, and curated by "subject matter experts, like professors, PhDs and Master’s students." One section deals with controversies in economics (with a US focus), such as "should the Government maintain a balanced budget?" Development of the textbook stopped in 2017 and the book was archived in this version.
This is an adapted version of the authors' Macroeconomics: Theory, Markets, and Policy, avoiding calculus and with minimal algebra. It dates from 2016 and Canadian in origin. It is viewable in this online presentation, or downloadable as a single PDF file.
The Economics Briefs document of The Economist's site includes short introductions to six ideas: Akerlof's Market for Lemons, Minsky's Financial Cycle, the Stolper-Samelson Theorem, the Keynesian Multiplier, the Nash equilibrium, and the Mundell-Fleming Trilemma.
This is a free and open set of course materials released by the Saylor Foundation, an educational charity, under a CC-BY licence, having been reviewed by three subject-matter experts. It is based on other free resources including Khan Academy videos. The material is arranged into ten units, each with readings, video and in some cases assessment materials.
A lay primer on inequality in the form of 14 "cards", introducing the Lorentz curve and Gini coefficient, general drivers of inequality, and some trends in inequality since the 2008 crash. It touches on a variety of perspectives and approaches to measurement, with links to academic papers for further information. Published in 2014 and updated in 2015.
Economystified was a blog, updated weekly from December 2010 to the Summer of 2014. Each post discusses an economic issue, an economist, or a principle of economic theory, aimed at a lay audience.
This textbook is both freely available and extensively peer-reviewed. Its 23 chapters aim to cover a one-semester course. It claims "a balanced approach to economics, to both Keynesian and classical views, and to the theory and application of economics concepts." Though officially published in March 2014, it has had updates to reflect current events. Its US origin is reflected in the choice of examples. It can be freely downloaded or viewed in a variety of formats, and an interactive version is available through the Apple iBookstore. A test bank, set of PowerPoint slides, and solutions booklet are available to lecturers on request.
Ask Dr. Econ is an educational resource that answers questions on (mostly macro) economic issues by a Federal Reserve Bank of San Francisco economist: the answer-bank is searchable by category or keyword. Answers are detailed, generally at introductory level. Examples: Does inflation hurt long-term growth? What are business cycles and how do they affect the economy? Why does a trade deficit weaken the currency? The service ran from 1998 until 2013.
Free introductory online textbook with embedded Prezi slide shows and YouTube videos as well as self-test quizzes. It is organised into ten units, from "Fundamental concepts" to "Foreign Exchange Rates and the Balance of Payments". The entire book can be downloaded as a 221-page PDF.
A 31-chapter principles textbook that focuses on real-world examples and introduces each theory point by first discussing an application. It can be downloaded& as a single PDF file or viewed online. It was published in 2012 by the Saylor Foundation, an educational charity.
A sixteen-chapter introductory textbook in which each theory point is introduced by first looking at an application. The examples are mainly US-centred. It can be downloaded as a single PDF or viewed online. It was published in 2012 by the Saylor Foundation, an educational charity.
This set of downloadable textbooks is aimed at UK economics students. They include introductory topics such as the basics of international economics, the neo-classical growth model, econometrics and micro/macro analysis. They range in size from about 20 pages to 150 pages. Users are required to fill in brief personal details before they can download the PDF files of the full text of the books. The free versions have embedded adverts. Ad-free versions are available with a paid subscription.
This on-line introductory text by Roger Schenk includes both micro- and macro- sections, with about a dozen chapters in each. The text has its own glossary and Who's Who and is available as a CD-ROM. A separate index holds text that has been removed from the main content of the book for flow or because it was too technical.
10 lectures by US economists downloadable as streamed video or MP3 audio presentations, with accompanying PowerPoint slides and related papers that pursue the issues in more depth. Two lectures are on growth (Dean Baker, Mark Weisbrot), others on US labour markets (John Schmitt), women in the labour market (Heather Boushey), trade (Mark Weisbrot), intergenerational mobility and life chances (Heather Boushey), the Federal Reserve, asset bubbles and intellectual property (all Dean Baker). The lectures are US-focused and reflect the sometimes market-critical perspective of the Center for Economic Policy and Research, a think-tank founded by Baker and Weisbrot in 1999 with an advisory board including Joseph Stiglitz and Robert Solow (not to be confused with the UK-based Centre for Economic Policy Research).
This is an index to a few dozen short articles for students and lay readers written by Moffat since 2002. Most are answers to questions submitted by students, such as "What Is The Demand For Money?" or "Do Changes in Stock Prices Cause Recessions?"
This introductory course in Macroeconomics includes the topics of inflation, unemployment, business cycles, gross domestic product, money, fiscal policy, and monetary policy. There are 20 lessons on macroeconomic basics, broken up into small chunks of text. The AmosWorld site also includes a glossary and an online testing system, to which this material is linked.
The files here are 16 short, explanatory essays to accompany Mankiw's Macroeconomics textbook. Readings include "Some simple math facts", "Two versions of Okun's law", "Theories of debt burden", and "The slope of the LM curve and automatic stabilization". Past exams from Woglom's course are also here. This link is to Archive.org's copy of the Spring 2000 site.
Archived on this site are lecture notes and images used in various courses given by Danby. Macroeconomic topics are: Macroeconomic flows for a closed and open economy; Macro notes (for Money supply, Money demand, Goods and money markets, and Aggregate demand and supply); Classical, Keynesian, and Monetarist theory; the "Classical" or fixed-output model; the IS-LM tutorial; and the Kalecki model. Microeconomic topics are: Consumer and producer surplus, Price determination, a Market model quiz, and the Todaro migration model. The Balance of Payments and Exchange Rates section contains the following material: Categories and definitions, Fundamental concepts, Relating the balance of payments to macro categories, and Exchange rates. The trade section contains material on: Introduction, Ricardian trade theory, Heckscher-Ohlin-Samuelson trade theory, Tariffs, Quotas, a trade quiz, and Annotated tariff and quota problems.
This site combines text, images and online quizzes into a survey of the classical and neoclassical paradigms of macroeconomics. It contains a number of interactive quizzes and simulations, as well as, some short text articles on a range of topics.
MBA lectures in macroeconomics by Nouriel Roubini, David Backus includes the text of 10 lectures from 1998, including graphs. The three main sections are "Overview of the World Economy", "The Classical Theory of the Long-Run" and "The Keynesian Theory of the Short-Run". The lectures are aimed at MBA students.
A complete book of nearly 900 pages, dating from 1993, with contributions from authors including Thomas Sargent, Joseph Stiglitz, Thomas Schelling, Paul Krugman, and N. Greg Mankiw. The structure covers basic topics, areas of application and ends with some short biographies of economists.
A US-focused introduction to inflation and its measurement, presented by a journalist in a question-and-answer format. Published in 2014.
A collection of short, accessible articles introducing economic concepts including economic efficiency, tariffs, arc elasticity, externalities, and efficiency wages. Authors include Jodi Beggs (Northeastern University) and Mike Moffat (Richard Ivey School of Business).
This is an open online course, including text, interactive graphs, assignments and discussion topics, video clips, and interactive questions, based on the OpenStax Principles of Economics textbook and refined after testing in some US universities and community colleges in 2017. It uses media from around the web, including some economics educators' YouTube channels. There are dedicated pages for lecturer Powerpoints and for problem sets.
This is a paper on the Tobin tax, considering the aims and effects of the tax in terms of theory and empirical results, specifically written for undergraduates. The author is Paul Ormerod of Volterra Consulting and it is reproduced by the Economics Network with permission.