Chapter 15 Macroeconomic Policy, Economic Stability, and the Federal Debt

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_15_17e.pdf
Publisher_Macro_Chapter_15_17e.pptx
Publisher_Macro_Chapter_15_16e.pdf
Publisher_Macro_Chapter_15_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.

15-1: Economic Fluctuations: The Past 100 Years

15-2: Can Discretionary Policy Promote Economic Stability?

15-3: Forecasting Tools and Macro Policy

15-4: How Are Expectations Formed?

15-5: Macro Policy Implications of Adaptive and Rational Expectations

15-6: The Phillips Curve: The View of the 1960s versus Today

15-7: The Growing Federal Debt and Economic Stability

15-7b: Who Owns the National Debt?

15-7c: How Does Debt Financing Influence Future Generations?

15-7d: Why Is Deficit Spending So Difficult to Control?

15-7e: Have Federal Debt Obligations Grown to a Dangerous Level?

15-8: Perspective on Recent Macroeconomic Policy and Economic Instability