Macroeconomics : theory, performance, and policy / by Robert E. Hall, John B. Taylor.

Includes index.

Contents: The macroeconomy -- Measuring economic performance : output and income -- Monitoring the economy : inflation and employment -- Aggregate demand -- Aggregate supply and price adjustment -- Macroeconomic policy : a first look -- Consumption demand and investment demand -- Foreign trade and the exchange rate -- The government's influence on aggregate demand -- The monetary system -- Aggregate supply and economic growth -- New classical theory -- The theory of wage and price rigidities -- Aggregate dynamics and price adjustment -- Designing and maintaining a good macro policy -- Macroeconomic policy in the world economy.