The Open Economy in the SR The Mundell-Fleming Model Model under floating ex-rate Model under fixed ex-rate Interest-rate- differentials Debate over floating v.s. fixed ex-rate Mundell-Fleming model with changing price level Model in large open economy

The Open Economy Why do countries trade with each other? \No nation was ever ruined by trade.\ -- Benjamin Franklin More varieties; higher quality; cheaper price

The Macroeconomic Policy Debate William McChesney Martin The fed.'s job is to take away the punch bowl just as the party gets going 联储的工作是在宴会进行时拿走盛满酒的酒杯。 The economy is inherently unstable

The Multiplier Process as Market Exchange Process A Contribution to the micro Foundation of Keynesian macroeconomics Abstract Traditional equilibrium analysis has been incorrectly founded once an\ordering issue\is

What is economics? Normative Definition Economics is the science that studies how to efficiently allocate economic resources Positive definition economics is the science that studies how an economy operates or how economic variables are

According to Say's Law, Supply Creates Its Own Demand as Prices move to balance Demand with Aggregate Supply

ECENOMIC S U.S. Real gross domestic Product

一、名词解释题(每小题3分,共15分) 1.个人可支配收入: 2.挤出效应: 3.充分就业预算盈余: 4.自然失业率: 5.流动性陷阱:

一、名词解释(每小题3分,共15分) 1、国内生产总值: 2.加速数: 3.挤出效应: 4.自动稳定器: 5.潜在产量:

一、重要概念(1课时) (一)宏观经济学 1、概念:研究一个整体社会的经济运行活动。 2、与微观经济学的区别: 3、宏观经济学的内容中心理论—国民产出或国收入决定理论;主要经济变量