Goods market -- Financial markets -- Labor market -- Putting all markets together -- Natural rate of unemployment and the Phillips curve -- Inflation, activity and nominal money growth -- Facts of growth -- Saving, capital accumulation and output -- Technological progress and growth -- Financial markets and expectations -- Expectations, consumption and investment -- Expectations, output and policy -- Openness in goods and financial markets -- Goods market in an open economy -- Output, the interest rate and the exchange rate -- Exchange rate regimes -- Depressions and slumps -- High inflation -- Should policymakers be restrained -- Monetary policy -- Fiscal policy -- The story of macroeconomics.