Macroeconomics: Analysis of the Chinese Economy

Author: Si Chunlin
Publisher:
Publish Date: 2004-03-01
Features: This book applies macroeconomic theory to establish a systematic and concise framework for the operation of China's macroeconomy, aiming to analyze its status and characteristics, as well as identify the trends in China's macroeconomic performance. The author utilizes macroeconomic operation data from China between 1979 and 2001 to construct models such as the consumption function, investment function, money demand function, GDP gap and inflation loop, long-term growth and technological progress model, IS-LM curve, and more. Notably, the IS-LM curve for China holds significant innovative value. This book is a well-combined textbook that integrates theoretical and empirical research, offering a high academic level of "localization." The case studies interspersed throughout the book further enrich the teaching material. Each chapter includes "Chapter Summary" and "Thoughts and Exercises," with "Reference Answers to Exercises" provided at the end of the book. This book can serve as a textbook for university economics and management programs, particularly suitable for MBA teaching. It can be said that this book is a localized macroeconomics textbook.