Chapter 7: The Analysis of Price Determination Gang Gong Copyright Notes: This electronic file is only used as a lecture notes for the student in this class. It is not allowed to be used for presentation anywhere else without the permission from the author

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:

Introduction 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

Question 1 Suppose in an open economy the consumption function take the form C=100+0.8 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

1. Please express the model of natural rate of unemployment according to blanchards 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

《消费经济学》课程教学资源（PPT课件讲稿）第二章 现代西方消费理论 第6节 结论

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《消费经济学》课程教学资源（PPT课件讲稿）第二章 现代西方消费理论 第3节 弗朗科.莫迪利阿尼与生命周期假说

《消费经济学》课程教学资源（PPT课件讲稿）第二章 现代西方消费理论 第2节 阿尔文.费雪和时际选择