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Macroeconomics Chapter 11 中级宏观经济学  沈凌  上海财经大学经济学院 

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1 Macroeconomics Chapter 11 中级宏观经济学  沈凌  上海财经大学经济学院  http://iclass.shufe.edu.cn/teacherweb/users/shenling/

2 Macroeconomics Chapter 12 中级宏观经济学  答疑时间: 周三下午 2 : 00 - 5 : 00 ,如需其他时 间,请先预约。  答疑地点: 经济学院楼 524 室  电话: 65903483  Email: ling.shen@mail.shufe.edu.cn  助教: 车大为 dwche@yahoo.com.cn dwche@yahoo.com.cn

3 Macroeconomics Chapter 13 教科书:  Robert Barro: Macroeconomics -- A Modern Approach  Others : G. Mankiw: Macroeconomics

4 Macroeconomics Chapter 14 评分及进度  评分: 作业及平时课堂回答问题 : 30% 期中考试 : 30% 期末考试 :40%  进度: 基本每周一章。

5 Macroeconomics Chapter 15 C h a p t e r 1 Thinking About Macroeconomics

6 Macroeconomics Chapter 16 What can we learn from this course? Macroeconomics Determining the aggregate economic variables Nominal variablesReal variables real GDP Consumption Investment Export & Import Unemployment Rate General price level Money supply Interest rate Exchange rate

7 Macroeconomics Chapter 17 Output, Unemployment, and Prices in U.S. History

8 Macroeconomics Chapter 18 Output, Unemployment, and Prices in U.S. History  Growth rate of real GDP for year t Multiply by 100 to get the growth rate of real GDP in percent per year.

9 Macroeconomics Chapter 19 Output, Unemployment, and Prices in U.S. History

10 Macroeconomics Chapter 110 Output, Unemployment, and Prices in U.S. History

11 Macroeconomics Chapter 111 Output, Unemployment, and Prices in U.S. History

12 Macroeconomics Chapter 112 Output, Unemployment, and Prices in U.S. History  Inflation rate for year t

13 Macroeconomics Chapter 113 Output, Unemployment, and Prices in U.S. History

14 Macroeconomics Chapter 114 A Brief Introduction of Chinese Success (All data without special notes are from Chinese Statistical Yearbook) Nominal 1978: 2005: GDP 364.5 Billion RMB 18308 Billion RMB GDP p.c. 381 Yuan RMB 14040 Yuan RMB

15 Macroeconomics Chapter 115 Real GDP

16 Macroeconomics Chapter 116 Growth rate ( in RMB )

17 Macroeconomics Chapter 117 Who enjoys ?  Poverty level: <100 yuan p.c. in 1978 250 Million  <625 yuan p.c. in 2000 32 Million

18 Macroeconomics Chapter 118  In general, Gini coefficient of the income increases since 1985.

19 Macroeconomics Chapter 119

20 Macroeconomics Chapter 120

21 Macroeconomics Chapter 121 如何去理解我们这个世界?  亚里士多德的观察: 鸡毛下落速度远慢于铁球  伽利略的实验: 两个铁球同时落地

22 Macroeconomics Chapter 122 如何去理解我们这个世界?  实验的条件是什么? 忽略空气浮力  模型与假设

23 Macroeconomics Chapter 123 Economic Models  Endogenous variables are the ones that we want the model to explain.  Exogenous variables are the ones that a model takes as given and does not attempt to explain.

24 Macroeconomics Chapter 124 Economic Models

25 Macroeconomics Chapter 125 Economic Models The Coffee Market  目标 我们想去了解咖啡价格的决定因素。  什么因素促使咖啡价格上升? --- 买的人多了 --- 西方文化的流行 --- 咖啡对身体健康作用的发现

26 Macroeconomics Chapter 126 Economic Models The Coffee Market

27 Macroeconomics Chapter 127 Economic Models The Coffee Market

28 Macroeconomics Chapter 128 Economic Models The Coffee Market

29 Macroeconomics Chapter 129 Economic Models The Coffee Market

30 Macroeconomics Chapter 130 Economic Models The Coffee Market

31 Macroeconomics Chapter 131 Economic Models  Disequilibrium a discrepancy between the quantities of labor demanded and supplied. New Keynesian model, argues that some prices are sticky and move only slowly to equate the quantities of goods demanded and supplied.

32 Macroeconomics Chapter 132 Economic Models  Economic growth model  Equilibrium business-cycle model - basic market-clearing model of economic fluctuations


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