1. Macroeconomics
ECN 3102 CHAPTER 1

2. What Macroeconomics Is About
Long-run economic growth
Average labor productivity
Average labor productivity growth
Business cycles
Unemployment
Inflation
The international economy
Macroeconomic Policy
Aggregation

3. What Macroeconomists Do
Macroeconomic forecasting
Macroeconomic analysis
Macroeconomic research
In Touch with Data and Research: Developing and Testing an Economic Theory
Data development—very important for making data more useful

4. Why Macroeconomists Disagree
Positive vs. normative analysis
Classicals vs. Keynesians
A unified approach to macroeconomics