Chapter 11 Fiscal Policy: The Keynesian View and the Historical Development of Macroeconomics

chapter Materials

Here are the reading assignments for this chapter:

Required

Macroeconomics: Private and Public Choice, 17th edition. Gwartney, Stroup, Sobel & Macpherson.
Cengage.com: https://www.cengage.com/c/macroeconomics-private-public-choice-17e-gwartney-stroup-sobel-macpherson/9780357134009/
Macroeconomics: Private and Public Choice, 16th edition. Gwartney, Stroup, Sobel & Macpherson.
Cengage.com: https://www.cengage.com/c/macroeconomics-private-and-public-choice-16e-gwartney-stroup-sobel-macpherson/9781305506756/

Optional

Cengage Publisher PowerPoint slides.
Publisher_Macro_Chapter_11_17e.pdf
Publisher_Macro_Chapter_11_17e.pptx
Publisher_Macro_Chapter_11_16e.pdf
Publisher_Macro_Chapter_11_16e.pptx

Videos

The Gus A. Stavros Center for the Advancement of Free Enterprise and Economic Education at Florida State University is pleased to offer these resources. They were created by Teaching Professor Joe Calhoun.

The captions were created by a computer program so sometimes they may be inaccurate or contain spelling or grammatical errors.

You may alternate the views by clicking on the white icon on the top-right corner of the screen.

The videos should not be downloaded or distributed beyond this site.

The videos were created using the 16th edition slides. The content for this chapter is nearly identical for the 17th edition so the videos are equally applicable and relevant.

11-1: The Great Depression and the Macroadjustment Process

11-1a: The Great Depression and Keynesian Economics

11-2: The Keynesian View of Fiscal Policy

11-3: Fiscal Policy and the Good News of Keynesian Economics

11-3a & b: Fiscal Policy Changes and Problems of Timing

11-3c: Saving, Spending, Debt, and the Impact of Fiscal Policy