Look for the slide where investment equals depreciation (
The PPT presentation that accompanies the 11th edition of Mankiw's "Macroeconomics" provides a comprehensive visual aid for instructors to teach the concepts and theories of macroeconomics. The PPT slides are organized by chapter, with each slide providing a clear and concise summary of the key points. Some of the features of the PPT include:
Visual aids for supply and demand, the AD-AS model, and other core macroeconomic frameworks.
Showing how saving, population growth, and technological progress determine a nation's steady-state standard of living.
Dynamic Aggregate Supply (DAS) and Dynamic Aggregate Demand (DAD). Using numerical simulations to map economic policy shocks.
Part IV: Business Cycle Theory: The Economy in the Short Run
This is the critical juncture where the "Mankiw Method" shines. It does not preach a single political ideology. Instead, it presents the tools: fiscal policy (government spending and taxes) and monetary policy (the Federal Reserve and interest rates). It asks students to analyze the lag effects of policy and the risks of over-correction, mirroring the debates happening in real-time at the Federal Reserve.
The core of the course focuses on business cycles and stabilization policy:
Animates the sticky-price model and the Phillips Curve. Part V: Topics in Macroeconomic Policy