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Chapter 6. Macroeconomics: The Big Picture Link to syllabus.

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Presentation on theme: "Chapter 6. Macroeconomics: The Big Picture Link to syllabus."— Presentation transcript:

1 Chapter 6. Macroeconomics: The Big Picture Link to syllabus

2 Figure 6-3 p. 171. The Business Cycle

3 Figure 6-2 p. 170. Business Cycle

4 Figure 6-4 p. 172. US Unemployment Rates, 1988-2011

5 Figure 6-3 p. 160. U.S. Unemployment

6 Global p. 173. International Business Cycles Compared Rough correlations

7 Figure 6-1 (p. 168) and 6-5, (p. 174). Comparing Three Business Cycles.

8 Figure 6-7 p. 175. Long Term Growth in the US, 1900-2007 For log-graph for the US, see next slide

9 Economic Growth in the US, India, and China. ( Second edition). Fig 9-1, P. 226 Not repeated in the current edition.

10 Figure 6-8 p. 177. Rising Prices in the US, 1980-2011

11 Figure 6-9 p. 180. Unbalanced Trade

12 Figure 6-11, p. 182. Auto Sales and Total US Manufacturing Production. Was it a good idea to make emergency loans to GM & Chrysler?

13 The AD-AS Model. Fig. 12-11, p. 361 Previews of Coming Attractions!


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