This book aims to approach the topics of Macroeconomic Theory in a simple and understandable way.
In the first chapter, the concept of Gross Domestic Product is described, along with the way it is measured and its weaknesses as an indicator of the living standards of a nation.
The second chapter examines the main theories of income distribution and the relationship between fair income distribution and economic growth.
The third chapter explores the determining factors of aggregate supply and aggregate demand, while the fourth chapter attempts to determine income and employment.
The fifth chapter discusses the concept and functions of money, the banking system, and the main monetary theories.
The sixth chapter analyzes the role of public expenditures and public revenues, as well as the effects of fiscal policy on the economy.
The seventh chapter examines the behavior of macroeconomic variables during the phases of the economic cycle, investigates the causes that provoke these economic cycles, and also examines the problems of inflation and unemployment.
Finally, the eighth chapter reviews the macroeconomic policy in the Greek economy for the period 1981-2004 and the effects of the degree of monopoly of businesses on the growth of the Greek economy.
