Intermediate Macroeconomics Made Simpler

20 Pages Posted: 16 Apr 2006

See all articles by Sheldon H. Stein

Sheldon H. Stein

Cleveland State University - Economics

Date Written: April 6, 2006


In the last thirty-five years, the course in intermediate macroeconomics has become more difficult, both for the student to learn and the instructor to teach. In this paper, some simpler approaches are presented to teaching the following topics: the distinction between private, public, and national savings; the Ricardian Equivalence Hypothesis; Economic Growth Theory; and the derivation of the Lucas Supply Curve.

JEL Classification: A22, E00, O40

Suggested Citation

Stein, Sheldon H., Intermediate Macroeconomics Made Simpler (April 6, 2006). Available at SSRN: or

Sheldon H. Stein (Contact Author)

Cleveland State University - Economics ( email )

Cleveland, OH 44115
United States
216-687-4537 (Phone)
216-687-9206 (Fax)

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