YALE ECON 1116
Introductory Macroeconomics
Complete Study Guide | 2026-2027
Output, unemployment, inflation, growth,
aggregate demand and supply, fiscal policy,
monetary policy, banking, trade, and
exchange rates.
Independent Study Resource
Not affiliated with or endorsed by Yale
University.
,How to Use This Guide
Study each chapter, then answer the practice prompts without looking back. For exams, focus on the causal chain rather
than memorizing isolated statements. Draw a graph when it clarifies the mechanism.
, Table of Contents
1. Macroeconomic Questions and GDP
2. Growth and Productivity
3. Unemployment and the Labor Market
4. Inflation and Price Measurement
5. Short-Run Output Fluctuations
6. Aggregate Demand
7. Aggregate Supply
8. The Expenditure Model and Multiplier
9. Fiscal Policy
10. Money, Banking, and Financial Intermediation
11. Monetary Policy and Interest Rates
12. Open Economy and Exchange Rates
13. Institutions, Growth, and Policy Tradeoffs
14. Comprehensive Review and Exam Strategy
Introductory Macroeconomics
Complete Study Guide | 2026-2027
Output, unemployment, inflation, growth,
aggregate demand and supply, fiscal policy,
monetary policy, banking, trade, and
exchange rates.
Independent Study Resource
Not affiliated with or endorsed by Yale
University.
,How to Use This Guide
Study each chapter, then answer the practice prompts without looking back. For exams, focus on the causal chain rather
than memorizing isolated statements. Draw a graph when it clarifies the mechanism.
, Table of Contents
1. Macroeconomic Questions and GDP
2. Growth and Productivity
3. Unemployment and the Labor Market
4. Inflation and Price Measurement
5. Short-Run Output Fluctuations
6. Aggregate Demand
7. Aggregate Supply
8. The Expenditure Model and Multiplier
9. Fiscal Policy
10. Money, Banking, and Financial Intermediation
11. Monetary Policy and Interest Rates
12. Open Economy and Exchange Rates
13. Institutions, Growth, and Policy Tradeoffs
14. Comprehensive Review and Exam Strategy
