A practical guide to macroeconomics

Introduction. Is macroeconomics useful?

Trends and cycles, shocks and stability

Determinants of aggregate spending and saving

Production functions and growth accounting

The macroeconomics of "the" labor market

Understanding US inflation dynamics

What does monetary policy do?

What does fiscal policy do?

Conclusion. Is (macro)economics useful?

Appendix A: Measuring prices

Appendix B: Measuring output

Appendix C: Measuring employment

Appendix D: Other odds and ends