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:

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:

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

概述 财务评价 财务评价举例 改扩建项目和技术改造项目的财务评价 国民经济评价

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

概述 盈亏平衡分析 敏感性分析 概率分析 风险决策

 静态评价方法  动态评价方法  投资方案的选择

 资金的时间价值及等值计算  利息与利息率  资金等值计算

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