The first part is the basic concept and measurement of macroeconomics.
Chapter 1 Introduction to Macroeconomics
Section 1 Research Objects and Basic Concepts of Macroeconomics
I macroeconomics and microeconomics
Second, the micro-foundation of macroeconomic theory
Third, flow and stock.
Four. Before and after.
Section 2 Research Methods of Macroeconomics
First, the philosophical basis of economic theory-world outlook and methodology
Second, balance and imbalance.
Third, static economics and dynamic economics.
Chapter II National Income Accounting
Section 1 Overview of National Income Accounting
Section 2 Circulation of Product Flow and Income Flow
I. National products and national income
Two-sector model: all national products are used for personal consumption.
Three, two-sector model: including savings and investment.
Four or three-sector model: government tax revenue and government expenditure.
V. Four-sector model: net export
Section 3 Accounting of Gross National Product and Service Value by Value Added Method
I. Final products and intermediate products
Second, the input-output table accounting NNP
Section IV Calculation of Gross Domestic Product and Gross National Product by Expenditure Method
First, consumption
Second, investment.
Three. Goods and services purchased by the government and transfer payments
Four. Export and import
Section 5 National Income Calculated by Income Method
Section 6 National Income, Personal Income and disposable personal income
I. National income and personal income
Second, disposable personal income.
Section 7 Nominal and Real Gross Domestic Product
First, the actual national production chain is weighted.
Second, the outer chain weight.
Thirdly, the application of Fisher Chain Index.
Section 8 Actual Production GDP and Potential Real GDP (Potential Real GDP)
Review thinking questions
Appendix method of national income accounting system
I. Introduction
Second, labor creates material wealth and labor provides (intangible) services.
Third, productive labor and unproductive labor
Fourth, the labor and value of producing goods.
Five, the use value and quantitative indicators of the national economic accounting system
The second part is the static equilibrium model of national income determination.
Chapter III Classical Macroeconomic Model
Section 1 Say's Law and "Keynesian Revolution"
Section II Say's Law and Classical Macroeconomic Model
First, Say's Law and Its Significance
Second, Say's law and interest rate theory: the equilibrium of capital market
Three. Say's Law and the Function of Money: Dichotomy and Neutrality of Money.
Fourthly, classical wage theory and full employment equilibrium: the equilibrium of labor market.
Verb (abbreviation of verb) theory of money quantity: the determination of price level.
Six, the classical macroeconomic model
Section III "Keynesian Revolution"
Review thinking questions
The fourth chapter is a simple Keynesian macroeconomic model.
Section 1 Effective Demand
I. Total supply price and total supply
Second, the total demand price and total demand
Third, effective demand and macro-equilibrium.
Consumption function in the second quarter
First, the consumption function
Second, the average propensity to consume and marginal propensity to consume
Third, the saving function.
Fourth, the basic psychological law of consumption tendency.
Section 3 Investment Function
Section IV Decision on Balancing National Income
I. Decision on the Balance of Total Supply, Total Demand and National Income
Second, the decision to balance savings and investment with national income.
Section 5 multiplier principle
I. Overview
Second, the simplified multiplier.
Third, the change of consumption function and multiplier.
Review thinking questions
Chapter V Government Expenditure, Taxation, Import and Export
Section 1 Government Expenditure and Government Expenditure Multiplier
Section 2 Government Expenditure, Taxation and Tax Multiplier
First of all, the net tax revenue has not changed.
Second, balance the budget multiplier
Third, taxes change with income.
Section 3 Government Transfer Payment and Transfer Payment Multiplier
The fourth quarter fiscal policy and full employment
Section 5 Exports and Export Multipliers
Simple export multiplier
Two. Import, tax and export multipliers
Review thinking questions
Chapter VI Consumption Theory
The first section Keynes's consumption function
Section 2 Cross-sectional Consumption Function
Section III Short-term (Economic Cycle) Consumption Function and Long-term Consumption Function
First, the short-term consumption function
Second, the long-term consumption function
The fourth quarter absolute income hypothesis
Section 5 Relative Income Hypothesis
Section VI Assumption of Constant Income
Review thinking questions
Chapter VII Determination of Profit, Interest and Investment
Section 1 Marginal Efficiency of Capital and Investment Decision
First, the investment theory of neoclassical economics
Second, the balance between marginal productivity of capital interest rate and investment decision
Three. Determination of marginal efficiency, interest rate and investment amount of investment
Section 2 Determination of Acceleration Principle and Investment
I. Capital-output ratio
Second, the acceleration principle
Section 3 Interest Rate, Investment and IS Curve
Review thinking questions
Chapter VIII Determination of Money Supply and Demand and Interest Rate
Section 1 Three Motives of Money Demand
First, trading motives.
Second, the prevention motivation
Third, speculative motives.
Fourth, the total demand for money.
Section 2 Determination of Money Supply and Demand and Equilibrium Interest Rate
Section 3 Changes of Equilibrium Interest Rate
I. Changes in the money supply
Second, the change of income level.
Third, the change of speculative money demand.
Review thinking questions
Chapter 9 Extended Keynesian Macroeconomic Model: IS-LM Model
Section 1 Product Market Equilibrium: IS Curve
First, product market balance.
Second, the derivation of IS curve
Thirdly, the characteristics of IS curve.
Section 2 Money Market Equilibrium: LM Curve
First, the balance of the money market
Second, the derivation of LM curve
Third, the characteristics of LM curve
In the third quarter, the product market and the money market reached equilibrium at the same time: IS-LM model
The fourth quarter changes in the equilibrium of the two markets
First, the change of aggregate demand: the shift of IS curve.
Second, the change of money supply: the movement of LM curve
Review thinking questions
Chapter 10 Total Demand Supply and Keynesian Macroeconomic Model
Section 1 aggregate demand curve (AD)
First, aggregate demand curve's deduction.
Second, the movement of aggregate demand curve.
Third, the mathematical equation of AD curve
Total supply curve in the second quarter (AS)
Section 3 Keynesian aggregate supply function: monetary wages are fixed.
Section four: the total supply function of classical school: variable money wage rate
Section V Total Demand and Keynesian Macroeconomic Model
I. Derivation of AD curve and its changes
Second, AS curve AD curve and Keynesian macroeconomic equilibrium
The sixth section is a brief summary: Keynesian macroeconomics and classical macroeconomics.
First, Keynesian macroeconomics
Second, classical macroeconomics.
Third, the actual equilibrium effect: Keynesian effect and Pigou effect.
Review thinking questions
Part III Monetary Theory and Monetary Policy
Chapter II Money Supply in XI
Section 1 Definition and Function of Currency
I. Money, assets and wealth
Second, the function of money.
Third, the measurement of money.
Section 2 Banking System and Deposit Creation
I. Central Bank
Second, the deposit reserve
Third, deposit creation and deposit multiplier
Fourth, the "leakage" in the process of deposit creation.
Section III Determination of Money Supply
First of all, the decision of money supply
Second, the factors affecting the money supply.
Section 4 Exogeneity and Endogeneity of Money Supply
The first is the "gold bar dispute"
Second, the monetary school and the banking school.
Third, Marx's currency circulation formula.
Fourth, Wicksell and Fisher.
V Keynes and monetarism
Abstract of intransitive verbs
Review thinking questions
Chapter XII Money Demand
The first section is the traditional theory of money quantity.
First, Fisher's trading equation.
Second, Cambridge equation.
Section 2 Keynes's Money Demand Function
First of all, Keynes's flow preference theory
Second, baumol's "square root formula"
Third, Tobin's asset selection theory.
Section 3 Monetary Demand Function of Monetarism
Section IV Summary
Review thinking questions
Chapter XIII Macroeconomic Policies
Section 1 Policy Objectives
Section II Fiscal Policy
I. Fiscal revenue and expenditure and public debt
Two. Decision on fiscal revenue and expenditure and national income
Third, automatic stabilizers and proactive fiscal policies
Fourth, compensatory fiscal policy, full employment budget surplus and financial drag.
Verb (abbreviation for verb) fiscal deficit and public debt
Section 3 Monetary Policy
First, the goal of monetary policy.
Second, monetary policy tools.
Third, selective control.
Fourth, moral advice.
Section 4 Rules and Appropriate Monetary Policy
I. Introduction
Second, the view of monetary school in favor of rules.
Third, The Taylor Rule.
Fourth, the rules and the credibility of the central bank
Verb (abbreviation of verb) Monetary growth target and inflation rate target —— A historical review of the central bank
Review thinking questions
The fourth part is post-Keynesian macroeconomics
Chapter XIV Monetarism
The first part is an overview.
Section II Theoretical Basis
First, the restated theory of money quantity.
Second, the macroeconomic model
Third, the natural unemployment rate hypothesis and the theory of accelerating inflation.
Section III Empirical Data
First, positive economics's method
Second, the exogenous nature of money supply.
Section IV Policy Propositions
Review thinking questions
Chapter 15 Rational Expectation School: Neoclassical Economics
Section 1 Expectation and Rational Expectation
I. Expectations and general equilibrium in Walras
Second, static expectation, extrapolation expectation and adaptive expectations.
Third, rational expectations.
Section 2 Rational Expectation and Inefficiency of Stability Policy
I. Phillips curve
Second, the natural unemployment rate hypothesis and vertical Phillips curve
Thirdly, rational expectation and the ineffectiveness of stabilization policy.
Section 3 Lucas aggregate supply function and rational expectation macroeconomic model
I. Macroeconomic model of rational expectation
Second, Lucas aggregate supply function and economic cycle
Three. abstract
The fourth quarter, the real economic cycle model
Review thinking questions
Chapter 16 New Keynesianism
The first part is an overview.
First, Walras general equilibrium model.
Second, the Keynesian revolution and neoclassical synthesis.
Third, Keynesianism and Neo-Keynesianism.
Section II Actual Balance Effect of Patinkin
First, Patinkin's development of Walras's general equilibrium theory.
Second, Patinkin and non-Walras equilibrium.
Section 3 Clovo's Double Decision Theory
The fourth quarter, Lai Rong Hovde and wage price rigidity
Section V General Equilibrium Model of Barrow and Grossman Non-Walras Equilibrium
Section VI New Keynesian Interpretation of Economic Cycle: Microeconomics of Wage Price Stiffness
I. Monopoly and price determination
Second, the labor contract
3. Markup pricing and long-term price agreement
Review thinking questions
The fifth part is dynamic economics
Chapter 17 Economic Cycle Theory
The first part is an overview.
Section 2 Economic Cycle Theory
The third section is the theory of insufficient consumption and excessive savings.
First, sismondi's theory of insufficient consumption.
Second, Malthus's theory of excessive savings
Third, Hobson's theory of excessive savings (insufficient consumption)
Fourth, Foster and Kajing's theory of insufficient consumption.
The fourth quarter disproportionate crisis theory-excessive investment (capital shortage or excessive consumption)
First, the theory of monetary overinvestment.
Two. Non-monetary overinvestment theory
Section 5 Schumpeter's "Innovation" Cycle Theory
Section VI Pure Currency Crisis Theory
Section 7 Theory of Political Business Cycle
Section 8 Capital Stock Adjustment Theory-Interaction between Multiplier and Accelerator
Chapter 18 Theory of Economic Growth
The first part is an overview.
The second quarter Harold Thomas economic growth model
I. Real growth rate
Second, ensure the growth rate.
Third, ensure the growth rate, real growth rate and economic cycle.
Fourth, the natural growth rate
Verb (abbreviation of verb) Thomas economic growth model
Abstract of intransitive verbs
Section III Neoclassical Growth Model
First, per capita capital can change the growth model.
Second, the neoclassical growth model of income distribution
Third, the golden rule.
Section four: Cambridge economic growth model-a growth model with variable national income distribution share.
First, the "capital struggle" between the two Cambridge universities.
Second, Caldo's distribution theory and steady-state balanced growth
Third, Kaletski's dynamic macroeconomic model.
Section 5 Technical Progress and Economic Growth
First, the meaning of technological progress
Second, neutral technological progress and non-neutral technological progress
Section VI Measurement of the Source of Economic Growth
First, the theoretical basis
Second, the source of Solow's growth measurement
Third, the source of Denison's growth measurement.
Chapter 19 Inflation Theory
Section 1 Definition of Inflation
Section 2 Causes and Results of Inflation
First, demand drives inflation.
Second, cost drives inflation.
Third, structural inflation.
Four. abstract
Section 3 Expectation and Inflation
I. Core inflation
Second, the natural unemployment rate hypothesis and accelerating inflation.
Section 4 Phillips curve and expectation
Section 5 Phillips curve and unemployment
First, Lipset's theoretical interpretation
Second, Phelps's "job-seeking unemployment"
Section VI "Stagflation" Causes and Countermeasures
I. Four stages of the inflation cycle
Second, the length of stagflation-the debate between Keynesianism and monetarism.
Part VI International Economics
Chapter 20 International Trade Theory
Section 1 Mercantilism
Adam Smith's theory of absolute advantage in the second quarter
One, two countries and two products
Two countries and three products
Section III Ricardo's Comparative Cost Theory
I. Decision on trade patterns
Second, the terms of trade determine.
3. Does Ricardo's international value theory "violate" the labor theory of value?
Section IV John Mill's International Value Theory-Common Demand Theory
Section 5 Marshall's foreign trade curve
Section VI Distribution of Interests in International Trade
Section 7: Heckschel Olin's Theory of Resource Endowment
Chapter XXI Foreign Trade Policy
Section 1 Economic Effects of Tariffs
I. Tariffs
Second, subsidies to producers.
Section 2 Non-tariff Trade Barriers
I. Import quotas
Second, other non-tariff barriers.
Three. export quotas
Section 3 Contemporary World Trade Policy
I. General Agreement on Tariffs and Trade
Second, regional economic integration.
Chapter XXII International Finance and International Monetary System
Section 1 Balance of payments
I. Current account
Two. capital account
Three. Balance or settle accounts
Section 2 Foreign Exchange and Exchange Rate System
I. Foreign exchange and exchange rate
Second, the adjustment and change of exchange rate.
Third, the fixed exchange rate of the gold standard
4. Free floating exchange rate
Five, purchasing power parity theory
Section III Evolution of the International Monetary System
First, the gold standard.
Two. Bretton Woods international monetary system
Third, the end of the Bretton Woods system and the management of the floating exchange rate system.
Section IV Adjustment of Balance of Payments
I. Automatic adjustment of the fixed exchange rate of the gold standard
Second, the balance of payments adjustment of the Bretton Woods Agreement.
Section 5 Macroeconomics of Open Economy
I. Internal balance and external balance
Second, the consistency and conflict between internal balance and external balance.
Third, direct control.
Four. abstract