🗊Презентация The Science of Macroeconomics

Категория: Экономика и Финансы
Нажмите для полного просмотра!
The Science of Macroeconomics, слайд №1The Science of Macroeconomics, слайд №2The Science of Macroeconomics, слайд №3The Science of Macroeconomics, слайд №4The Science of Macroeconomics, слайд №5The Science of Macroeconomics, слайд №6The Science of Macroeconomics, слайд №7The Science of Macroeconomics, слайд №8The Science of Macroeconomics, слайд №9The Science of Macroeconomics, слайд №10The Science of Macroeconomics, слайд №11The Science of Macroeconomics, слайд №12The Science of Macroeconomics, слайд №13The Science of Macroeconomics, слайд №14The Science of Macroeconomics, слайд №15The Science of Macroeconomics, слайд №16The Science of Macroeconomics, слайд №17The Science of Macroeconomics, слайд №18The Science of Macroeconomics, слайд №19The Science of Macroeconomics, слайд №20The Science of Macroeconomics, слайд №21The Science of Macroeconomics, слайд №22The Science of Macroeconomics, слайд №23The Science of Macroeconomics, слайд №24The Science of Macroeconomics, слайд №25The Science of Macroeconomics, слайд №26The Science of Macroeconomics, слайд №27The Science of Macroeconomics, слайд №28The Science of Macroeconomics, слайд №29The Science of Macroeconomics, слайд №30The Science of Macroeconomics, слайд №31The Science of Macroeconomics, слайд №32The Science of Macroeconomics, слайд №33
Скачать
Вы можете ознакомиться и скачать презентацию на тему The Science of Macroeconomics. Доклад-сообщение содержит 33 слайдов. Презентации для любого класса можно скачать бесплатно. Если материал и наш сайт презентаций Mypresentation Вам понравились – поделитесь им с друзьями с помощью социальных кнопок и добавьте в закладки в своем браузере.

Слайды и текст этой презентации

Слайд 1


The Science of Macroeconomics, слайд №1
Описание слайда:

Слайд 2


IN THIS CHAPTER, YOU WILL LEARN: about the issues macroeconomists study about the tools macroeconomists use some important concepts in macroeconomic analysis
Описание слайда:
IN THIS CHAPTER, YOU WILL LEARN: about the issues macroeconomists study about the tools macroeconomists use some important concepts in macroeconomic analysis

Слайд 3


Important issues in macroeconomics What causes recessions? What is “government stimulus” and why might it help? How can problems in the housing market spread to the rest of the economy? What is the government budget deficit? How does it affect workers, consumers, businesses, and taxpayers?
Описание слайда:
Important issues in macroeconomics What causes recessions? What is “government stimulus” and why might it help? How can problems in the housing market spread to the rest of the economy? What is the government budget deficit? How does it affect workers, consumers, businesses, and taxpayers?

Слайд 4


Important issues in macroeconomics Why does the cost of living keep rising? Why are so many countries poor? What policies might help them grow out of poverty? What is the trade deficit? How does it affect the country’s well-being?
Описание слайда:
Important issues in macroeconomics Why does the cost of living keep rising? Why are so many countries poor? What policies might help them grow out of poverty? What is the trade deficit? How does it affect the country’s well-being?

Слайд 5


The Science of Macroeconomics, слайд №5
Описание слайда:

Слайд 6


The Science of Macroeconomics, слайд №6
Описание слайда:

Слайд 7


The Science of Macroeconomics, слайд №7
Описание слайда:

Слайд 8


The Science of Macroeconomics, слайд №8
Описание слайда:

Слайд 9


U.S. Real GDP per capita (2005 dollars)
Описание слайда:
U.S. Real GDP per capita (2005 dollars)

Слайд 10


The Science of Macroeconomics, слайд №10
Описание слайда:

Слайд 11


U.S. Unemployment Rate (% of labor force)
Описание слайда:
U.S. Unemployment Rate (% of labor force)

Слайд 12


The Science of Macroeconomics, слайд №12
Описание слайда:

Слайд 13


U.S. Inflation Rate (% per year)
Описание слайда:
U.S. Inflation Rate (% per year)

Слайд 14


The Science of Macroeconomics, слайд №14
Описание слайда:

Слайд 15


Economic models …are simplified versions of a more complex reality irrelevant details are stripped away …are used to show relationships between variables explain the economy’s behavior devise policies to improve economic performance
Описание слайда:
Economic models …are simplified versions of a more complex reality irrelevant details are stripped away …are used to show relationships between variables explain the economy’s behavior devise policies to improve economic performance

Слайд 16


Endogenous vs. exogenous variables The values of endogenous variables are determined in the model. The values of exogenous variables are determined outside the model: the model takes their values and behavior as given. In the model of supply & demand for cars, endogenous: P, Q d, Q s exogenous: Y, Ps
Описание слайда:
Endogenous vs. exogenous variables The values of endogenous variables are determined in the model. The values of exogenous variables are determined outside the model: the model takes their values and behavior as given. In the model of supply & demand for cars, endogenous: P, Q d, Q s exogenous: Y, Ps

Слайд 17


Example of a model: Supply & demand for new cars shows how various events affect price and quantity of cars assumes the market is competitive: each buyer and seller is too small to affect the market price Variables Qd = quantity of cars that buyers demand Qs = quantity that producers supply P = price of new cars Y = aggregate income Ps = price of steel (an input)
Описание слайда:
Example of a model: Supply & demand for new cars shows how various events affect price and quantity of cars assumes the market is competitive: each buyer and seller is too small to affect the market price Variables Qd = quantity of cars that buyers demand Qs = quantity that producers supply P = price of new cars Y = aggregate income Ps = price of steel (an input)

Слайд 18


The demand for cars demand equation: Q d = D (P,Y ) shows that the quantity of cars consumers demand is related to the price of cars and aggregate income
Описание слайда:
The demand for cars demand equation: Q d = D (P,Y ) shows that the quantity of cars consumers demand is related to the price of cars and aggregate income

Слайд 19


Digression: functional notation General functional notation shows only that the variables are related. Q d = D (P,Y ) A specific functional form shows the precise quantitative relationship. Example: D (P,Y ) = 60 – 10P + 2Y
Описание слайда:
Digression: functional notation General functional notation shows only that the variables are related. Q d = D (P,Y ) A specific functional form shows the precise quantitative relationship. Example: D (P,Y ) = 60 – 10P + 2Y

Слайд 20


The market for cars: Demand
Описание слайда:
The market for cars: Demand

Слайд 21


The market for cars: Supply
Описание слайда:
The market for cars: Supply

Слайд 22


The market for cars: Equilibrium
Описание слайда:
The market for cars: Equilibrium

Слайд 23


The effects of an increase in income
Описание слайда:
The effects of an increase in income

Слайд 24


The effects of a steel price increase
Описание слайда:
The effects of a steel price increase

Слайд 25


NOW YOU TRY Supply and Demand 1. Write down demand and supply equations for smartphones; include two exogenous variables in each equation. 2. Draw a supply-demand graph for smartphones. 3. Use your graph to show how a change in one of your exogenous variables affects the model’s endogenous variables.
Описание слайда:
NOW YOU TRY Supply and Demand 1. Write down demand and supply equations for smartphones; include two exogenous variables in each equation. 2. Draw a supply-demand graph for smartphones. 3. Use your graph to show how a change in one of your exogenous variables affects the model’s endogenous variables.

Слайд 26


The use of multiple models No one model can address all the issues we care about. E.g., our supply-demand model of the car market… can tell us how a fall in aggregate income affects price & quantity of cars. cannot tell us why aggregate income falls.
Описание слайда:
The use of multiple models No one model can address all the issues we care about. E.g., our supply-demand model of the car market… can tell us how a fall in aggregate income affects price & quantity of cars. cannot tell us why aggregate income falls.

Слайд 27


The use of multiple models So we will learn different models for studying different issues (e.g., unemployment, inflation, long-run growth). For each new model, you should keep track of its assumptions which variables are endogenous, which are exogenous the questions it can help us understand, those it cannot
Описание слайда:
The use of multiple models So we will learn different models for studying different issues (e.g., unemployment, inflation, long-run growth). For each new model, you should keep track of its assumptions which variables are endogenous, which are exogenous the questions it can help us understand, those it cannot

Слайд 28


Prices: flexible vs. sticky Market clearing: An assumption that prices are flexible, adjust to equate supply and demand. In the short run, many prices are sticky – adjust sluggishly in response to changes in supply or demand. For example: many labor contracts fix the nominal wage for a year or longer many magazine publishers change prices only once every 3 to 4 years
Описание слайда:
Prices: flexible vs. sticky Market clearing: An assumption that prices are flexible, adjust to equate supply and demand. In the short run, many prices are sticky – adjust sluggishly in response to changes in supply or demand. For example: many labor contracts fix the nominal wage for a year or longer many magazine publishers change prices only once every 3 to 4 years

Слайд 29


Prices: flexible vs. sticky The economy’s behavior depends partly on whether prices are sticky or flexible: If prices sticky (short run), demand may not equal supply, which explains: unemployment (excess supply of labor) why firms cannot always sell all the goods they produce If prices flexible (long run), markets clear and economy behaves very differently
Описание слайда:
Prices: flexible vs. sticky The economy’s behavior depends partly on whether prices are sticky or flexible: If prices sticky (short run), demand may not equal supply, which explains: unemployment (excess supply of labor) why firms cannot always sell all the goods they produce If prices flexible (long run), markets clear and economy behaves very differently

Слайд 30


Outline of this book: Introductory material (Chaps. 1, 2) Classical Theory (Chaps. 3–7) How the economy works in the long run, when prices are flexible Growth Theory (Chaps. 8, 9) The standard of living and its growth rate over the very long run Business Cycle Theory (Chaps. 10–14) How the economy works in the short run, when prices are sticky
Описание слайда:
Outline of this book: Introductory material (Chaps. 1, 2) Classical Theory (Chaps. 3–7) How the economy works in the long run, when prices are flexible Growth Theory (Chaps. 8, 9) The standard of living and its growth rate over the very long run Business Cycle Theory (Chaps. 10–14) How the economy works in the short run, when prices are sticky

Слайд 31


Outline of this book: Macroeconomic theory (Chaps. 15–17) Macroeconomic dynamics, models of consumer behavior, theories of firms’ investment decisions Macroeconomic policy (Chaps. 18–20) Stabilization policy, government debt and deficits, financial crises
Описание слайда:
Outline of this book: Macroeconomic theory (Chaps. 15–17) Macroeconomic dynamics, models of consumer behavior, theories of firms’ investment decisions Macroeconomic policy (Chaps. 18–20) Stabilization policy, government debt and deficits, financial crises

Слайд 32


CHAPTER SUMMARY Macroeconomics is the study of the economy as a whole, including growth in incomes changes in the overall level of prices the unemployment rate Macroeconomists attempt to explain the economy and to devise policies to improve its performance.
Описание слайда:
CHAPTER SUMMARY Macroeconomics is the study of the economy as a whole, including growth in incomes changes in the overall level of prices the unemployment rate Macroeconomists attempt to explain the economy and to devise policies to improve its performance.

Слайд 33


CHAPTER SUMMARY Economists use different models to examine different issues. Models with flexible prices describe the economy in the long run; models with sticky prices describe the economy in the short run. Macroeconomic events and performance arise from many microeconomic transactions, so macroeconomics uses many of the tools of microeconomics.
Описание слайда:
CHAPTER SUMMARY Economists use different models to examine different issues. Models with flexible prices describe the economy in the long run; models with sticky prices describe the economy in the short run. Macroeconomic events and performance arise from many microeconomic transactions, so macroeconomics uses many of the tools of microeconomics.

Скачать

Похожие презентации
Mypresentation.ru
Загрузить презентацию