oluntaryunemploymentChapter10:rowthandStabilityTheEconomicsofDebtandDeficits:governmentbudget,budgetdeficit,surplus,andbalancebudgetShort-runimpact:crowdingoutvs.investmentencouragement,ratioofdebttoGDPLong-runimpactsoneconomicgrowth:internalvs.externaldebt,distortionsfromtaxation,displacementofcapitalStabilization:demandmanagement,fiscal-arymix,fixedrulesvs.discretion,inflationtargetingLong-RunGrowthandProductivityreachingthetechnologicalfrontiervs.movingitoutward,thespiritofenterprise4,RequiredTextbookSamuelson&Nordhous,Economics,17thedition5,mendedTextbook1,Macroeconomics,N.GregoryMankiw,WorldPublisher.2,Macroeconomics,OliverBlanchard,PrenticeHallT6,GradingpolicyThecoursegradewillbebasedonhomework,midtermexam,andafinalexam.Theweightsare:Homework:15%Midtermexam:25%Finalexam:40%Others:20%
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