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Webpages useful for teachers of intermediate macroeconomics:
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World Economic Forecasts
2002-03-20

- Virtually no one expects real GDP to fall in either the United States or the Euro area this year. The recession is thought to be over--although estimates of the strength of the recovery-to-be vary widely.
- Virtually no one expects any inflation: consumer price indexes are predicted to rise at 1.5 percent per year in 2002, and because of falling computer prices broad indexes of price change are expected to grow even more slowly.
- Japan, however, continues its decade-long economic stagnation, with the average forecast being a fall in GDP of one percent this year.
Previous Handouts
2001-03-13: Population Growth (Chapter 5: Growth Facts)
2001-03-06: Capacity Utilization (Chapter 2: Economic Data)
2001-02-27: U.S. Household Incomes (Chapter 2: Economic Data; Chapter 5: Growth Facts)
2001-02-20: Unemployment in the 1990s (Chapter 2: Economic Data)
2001-02-06: U.S. Monetary Policy (Chapter 13: Stabilization Policy)
2001-01-28: GDP in 2000 and 2001 (Chapter 13: Stabilization Policy. Chapter 2: Economic Data)
2001-01-21: The Course of the U.S. Recession (Chapter 13: Stabilization Policy)
2001-01-07: Argentina's Crisis (Chapter 15: Exchange Rate Regimes)
2001-12-10: The U.S. Recession (Chapter 2: Principal Macroeconomic Variables)
2001-12-03: The Overvalued Euro (Chapter 3: Exchange Rates; Chapter 15: Exchange Rate Regimes)
2001-11-26: Net Exports, the Exchange Rate, and an IS-Led Boom (Chapter 11: Balance of Payments; Chapter 15: Exchange Rate Regimes)
2001-11-19: The European Central Bank and Its Monetary Policy (Chapter 13: Stabilization Policy)
2001-11-12: Central Banks Worldwide Cut Interest Rates Again (Chapter 13: Stabilization Policy)
2001-11-05: Effects of the Collapse in Spending on Durables (Chapter 9: Income-Expenditure and the Multiplier.)
2001-10-28: What Kind of Stimulus (Chapter 13: Stabilization Policy. Chapter 9: Income-Expenditure and the Multiplier.)
2001-10-21: Federal Reserve Reaction to the Terror Attack on the World Trade Center (Chapter 13: Stabilization Policy. Chapter 10: The IS Curve.)
2001-10-14: Why a Stimulus Package Might Be Desireable (Chapter 13: Stabilization Policy. Chapter 10: The IS Curve.)
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