11.3 - Monetary and Fiscal Policy in the Keynesian Model - Monetary Policy - Fiscal Policy - Application Macroeconomic Policy and the Real Interest Rate in the 1980s

11.4 - The Keynesian Theory of Business Cycles and Macroeconomic Stabilization - Keynesian Business Cycle Theory - Macroeconomic Stabilization - Box 11.2 Japanese Macroeconomic Policy in the 1990s - Supply Shocks in the Keynesian Model - The Political Environment: - The Role of the Council of Economic Advisers in Formulating Economic Policy - Chapter Summary - Key Terms - Key Equations - Review Questions - Numerical Problems - Analytical Problems - The Conference Board® Exercises - Appendix 11.A Labor Contracts and Nominal-Wage Rigidity - Appendix 11.B The Multiplier in the Keynesian Model

12.1 – Unemployment and Inflation: Is There a Trade-Off ? Macroeconomic Policy: Its Environment and Institutions Unemployment and Inflation 12.1 – Unemployment and Inflation: Is There a Trade-Off ? - The Expectations-Augmented Phillips Curve - The Shifting Curve - Macroeconomic Policy and the Phillips Curve - The Long-Run Phillips Curve