CHAPTER 1CHAPTER 1 The Science of Macroeconomics The Science of Macroeconomicsslide 0Learning objectivesThis chapter introduces you tothe issues macroeconomists studythe tools macroeconomists usesome important concepts in macroeconomic analysisCHAPTER 1CHAPTER 1 The Science of Macroeconomics The Science of Macroeconomicsslide 1Important issues in macroeconomicsWhy does the cost of living keep rising?Why are millions of people unemployed,even when the economy is booming?Why are there recessions?C
