Test Bank for Macroeconomics in

Modules, 4th Edition, Paul Krugman

Robin Wells
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Table of Contents

Section 1 Basic Economic Concepts

Module 1 First Principles
Module 2 Models and the Production Possibility Frontier
Module 3 Comparative Advantage and Trade
Module 4 The Circular Flow Diagram
Appendix: Graphs in Economics

Section 2 Demand, Supply, and Equilibrium

Module 5 Demand
Module 6 Supply and Equilibrium
Module 7 Changes in Equilibrium

Section 3 Market Efficiency and Price Controls

Module 8 Consumer and Producer Surplus
Module 9 Efficiency and Markets
Module 10 Price Controls (Ceilings and Floors)

Section 4 International Trade

Module 11 Gains from Trade
Module 12 Supply, Demand, and International Trade
Section 5 Macroeconomic Measurement
Module 13 Introduction to Macroeconomics
Module 14 National Accounts and the Gross Domestic Product
Module 15 Interpreting Real Gross Domestic Product

Section 6 Unemployment and Inflation

Module 16 Defining Unemployment
Module 17 Categories of Unemployment
Module 18 The Costs of Inflation
Module 19 Measuring Inflation

Section 7 Long-Run Economic Growth

Module 20 Sources of Long-Run Economic Growth
Module 21 Productivity and Growth
Module 22 Long-Run Growth Policy

Section 8 Savings, Investment Spending, and the Financial System

Module 23 Savings and Investment Spending
Module 24 The Market for Loanable Funds
Module 25 The Financial System
Module 26 Present Value and Time Value of Money

Section 9 Income and Expenditure

Module 27 The Multiplier
Module 28 Consumer Spending and Investment Spending
Module 29 The Income-Expenditure Model

Section 10 Aggregate Demand Aggregate Supply

Module 30 Aggregate Demand
Module 31 Aggregate Supply
Module 32 The AD-AS Model

Section 11 Fiscal Policy

Module 33 Fiscal Policy Basics
Module 34 Fiscal Policy and the Multiplier
Module 35 Budget Deficits and the Public Debt

Section 12 Money, Banking, and the Federal Reserve System

Module 36 Defining the Measuring Money
Module 37 Banking and Money Creation
Module 38 The Federal Reserve System

Section 13 Monetary Policy

Module 39 The Federal Reserve and Monetary Policy
Module 40 The Money Market
Module 41 Monetary Policy and the Interest Rate
Module 42 Money, Output, and Prices in the Long Run

Section 14 Inflation, Disinflation, and Deflation

Module 43 Causes of High Inflation
Module 44 Output Gaps, Inflation, and the Phillips Curve
Module 46 Deflation

Section 15 International Macroeconomics

Module 46 Capital Flows and the Balance of Payments
Module 47 The Foreign Exchange Marke
tModule 48 Exchange Rate Policy
Module 49 Exchange Rates and Macroeconomic Policy