第四章消费理论 一、基本概念 横截面消费函数短期消费函数长期消费函数消费函数之谜示范效应 绝对收入假说相对收入假说持久收入持久收入假说生命周期假说

第十章通货膨胀理论 一、基本概念 通货膨胀通货收缩通货膨胀率消费价格指数批发价格指数 温和的通货膨胀奔腾的通货膨胀超级的通货膨胀平衡的通货膨胀

1. Please express the model of natural rate of unemployment according to Blanchard’s book and then give your comments. 2. How can you explain the aggregate demand and aggregate supply curves. How they are different from the usual definition on demand and supply curves

(Continued with question 1 in exercise for chapter 3). Suppose instead of given 2000 there is an investment function which takes the form

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 determined under the given economic system. The System of an Economy:

The objective of this chapter is to study how money and interest rate is determined in the money and financial market. The money and financial market is the market in which money and various financial assets (such as, bonds and stocks) are exchanged

Question 1: Suppose in an open economy the consumption function take the form C 8Yd =100 + 0. Tax is the proportion of income with the tax rate to be given by 0.2. Meanwhile import depends on the domestic income with the function given by

Introduction The objective of this chapter is to study how employment is determined in the labor market We are considering the labor market in which the following relation should always hold:

The aim of this chapter is to study how output is determined in Keynesian framework. The analysis in this chapter is often named multiplier analysis

Introduction The objective of this chapter is to move from theory to empiric. Specially, we shall study how macroeconomic policies can be applied to solve practical macroeconomic problems