Monetary Measures of Gains-to￾Trade You can buy as much rice as you wish at RMB1 per kilogram once you enter the gasoline market. Q: What is the most you would pay to enter the market?

What Are We Doing in this Chapter? We apply our basic framework of consumer choice to study issues of choices across different time periods; Again, in terms of theoretical framework, not much is new!

吉林大学：《宏观经济学》课程j电子教案（PPT课件）宏观总复习

吉林大学：《宏观经济学》课程j电子教案（PPT课件）第五章 通货膨胀理论

The Purpose of this Chapter To begin to understand the art of building an economic model To begin to understand three basic elements of modeling in economics: –Purpose –Simplification through assumptions –Value judgment

吉林大学：《宏观经济学》课程j电子教案（PPT课件）第四章 货币市场的均衡

吉林大学：《宏观经济学》课程j电子教案（PPT课件）古典宏观经济模型

吉林大学：《宏观经济学》课程j电子教案（PPT课件）第二章 国民收入核算

Main Issue Mean-Variance Utility Budget Constraints for Risky Assets Measuring Risk Capital Asset Pricing Model

Assets An asset is a commodity that provides a flow of services over time. E.g. a house, or a computer. A financial asset provides a flow of money over time -- a security