Macroeconomic theory

Author: Bai Liehua
Publisher:
Publish Date: 1999-10-24
Features: This book starts by establishing a systematic macroeconomic model to analyze macroeconomic operations and propose macroeconomic policies. The book mainly includes the following content.
Chapter 1, Introduction, explains the main variables of macroeconomics and their relationships.
Chapters 2 to 4 establish the basic models of macroeconomics, including:
Chapter 2, Determination of National Income;
Chapter 3, Determination of Interest Rate and National Income Together;
Chapter 4, Determination of General Price Level, Interest Rate, and National Income Together.
Chapter 5 discusses the differences between Keynesianism and Classical Economics.
Chapters 6 to 8 study dynamic macroeconomic operations and related economic policies, including:
Chapter 6, Inflation in the General Price Level;
Chapter 7, Business Cycle;
Chapter 8, Economic Growth.
This book is suitable for economic research, economics teaching, and macroeconomic management personnel. It is also an excellent learning reference for graduate and undergraduate students of economics.