约克大学summer math 宏观经济 lecture 1.pptx

Macroeconomics;Reading;Macroeconomics: Overview;Macroeconomics: Methodology;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Digression: the use of mathematics in economics;Back to the course...;Back to the course...;Issues (perennial);Issues (specific, contemporaneous);Macroeconomic variables;GDP;GDP;UK Nominal GDP 1957-2011;GDP and the ‘Price level’;UK Price index;Prices and inflation;UK Inflation;UK CPI inflation;2-2 The Other Major Macroeconomic Variables;GDP;UK Real and Nominal GDP;UK real GDP;UK real GDP 1957-2011;UK real GDP 1957-2011;Germany real growth;Greece real growth: note axis scale;Ireland real growth;Italy real growth;Spanish real growth;real GDP;Log real GDP (UK data);Separating trend and cycle;Separating trend and cycle;Separating trend and cycle;Long run trend growth in the UK 1957-2011;Long run trend growth in the UK 1957-2011;1-1 (Blanchard): The United States;Since 1980, Chinese output has grown at close to 10% per year. Compare it to the 3.1% number achieved by the U.S. economy over the same period. At a growth rate of 10%, output doubles every 7 years. ;Living standards comparison;Summary;Summary