Elasticity . . . … is a measure of how much buyers and sellers respond to changes in market conditions … allows us to analyze supply and demand with greater precision

In a free, unregulated market system, market forces establish equilibrium prices and exchange quantities. While equilibrium conditions may be efficient, it may be true that not everyone is satisfied

The Costs of Taxation How do taxes affect the economic well- being of market participants?

International Trade What determines whether a country imports or exports a good?

The Meaning of Competition uA perfectly competitive market has the following characteristics: u There are many buyers and sellers in the market

Monopoly While a competitive firm is a price taker, a monopoly firm is a price maker

Imperfect Competition Imperfect competition refers to those market structures that fall between perfect competition and pure monopoly

导论提纲 一、什么是金融市场学? 二、为什么要学习金融市场学? 三、本课程的主要内容 四、如何学习?

西北工业大学：《西方经济学》课程PPT教学课件（微观经济学、宏观经济学）第17章 开放经济的宏观经济学

西北工业大学：《西方经济学》课程PPT教学课件（微观经济学、宏观经济学）第10章 宏观经济学概论