Real GDP versus Money GDP (实际GDP和名义GDP) Money GDP/Nominal GDP(名义GDP) values the production of goods and services at current prices(以现价). Real GDP(实际GDP) values the production of goods and services at constant prices(以不变价格)

Supply and Demand The Market Mechanism Changes in Market Equilibrium Elasticities of Supply and Demand Short-Run Versus Long-Run Elasticities

employment GDP=DI consumption saving

Quality Uncertainty and the Market for Lemons Market Signaling Moral Hazard The Principal-Agent Problem

General Equilibrium Analysis Efficiency in Exchange Equity and Efficiency Efficiency in Production

Topics to be Discussed Competitive Factor Markets Equilibrium in a Competitive Factor Market Factor Markets with Monopsony Power Factor Markets with Monopoly Power

Gaming and Strategic Decisions Dominant Strategies The Nash Equilibrium Revisited Repeated Games

Monopolistic Competition Oligopoly Price Competition Competition Versus Collusion:he Prisoners' Dilemma

Monopoly Monopoly Power Sources of Monopoly Power The Social Costs of Monopoly Power

Topics to be Discussed The Themes of Microeconomics What Is Market? Real Versus Nominal Prices Why Study Microeconomics?