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Interest-Rate Differentials Country risk&ex -rate- expectations Country risk Political upheaval default on loan repayments higher i-rate to compensate Ex-rate expectations expect RMB to appreciate loans in RMB can pay a lower i-rate
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Goal Develop the Solow Growth Model How much of the economy's output should be consumed today and how much should be saved for the future? Static analysis(Ch. 3)> Dynamic
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Questions from Last Lecture Demand for money↑ =)=l ,Y) ↑ while fixed →l(r,y: hold& to balance the pressure ofd↑; hold,↑ to balance
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简答题 1、如何控制投资风险? 2、如何进行股票买卖品种的选择? 3、股票的买卖时机如何把握? 4、简述摊本操作法
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一、微观经济学的研究对象 二、什么是市场? 三、实际价格与名义价格 四、为什么学习微观经济学?
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CHAPTER 10 GENERALIZED LEAST SQUARES ESTIMATION Chapter 10 Generalized Least Squares Estimation 10.1 Model
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Chapter 1 Introduction 1.1 What is econometrics? Application of st atistical and mathematical met hods to the analysis of economic Purposes 1. Testing economic theories 2. Policy analysis(simultaneous equations model, vector autoregressive model
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模拟试题六 1.某商品X的需求函数为: Qx=197000-100P+50P+0.1m+0.02A 其中:Py=300为商品y的价格; 家庭平均收入m=10000 广告费A=200000
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5. 1 The Government Bond Market 5.1.1 when the government runs a deficit, it has to get the funds. There are three ways for the government to get funds
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3.1金融体系 1.金融体系的模式: 银行职能高度集中的金融体系 中央银行职能松散的金融体系
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