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Chapter 2 Basic Analytical Tools 1. General Equilibrium Analysis-般均衡法 )GEA means analyzing two or more than two related markets at the same time(eg Export Market and Import Market, Goods Market and Factor Market) 2) We usually use the PpF and CIC as the basic tools in the general equilibrium analysis of international trade. 2. Partial Equilibrium Analysis,局部均衡法 1) PEA means only analyzing single marketin one time 2)We usually use the Demand Curve and the Supply Curve as the basic tools in the partial equilibrium analysis. 2006年版2006年版 Chapter 2 Basic Analytical Tools 1. General Equilibrium Analysis一般均衡法 1) GEA means analyzing two or more than two related markets at the same time(eg.Export Market and Import Market, Goods Market and Factor Market) 2) We usually use the PPF and CIC as the basic tools in the general equilibrium analysis of international trade. 2. Partial Equilibrium Analysis局部均衡法 1) PEA means only analyzing single market in one time 2) We usually use the Demand Curve and the Supply Curve as the basic tools in the partial equilibrium analysis
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