经济学与经济学人挑战英文(ppt31).pptVIP

Source: The Hot Major For Undergrads Is Economics By JESSICA E. VASCELLARO Staff Reporter of THE WALL STREET JOURNALJuly 5, 2005;?Page?A11 * * Now for a total of 275 basis points to 3.75 up from 1% in June 2004, eleven times. * A normal yield curve is upward sloping. * Greenspan estimates: US$600 billion or 7.0% of disposable income was extracted from housing wealth. * Data: Central Bank, IFS formate. * 經濟學與經濟學人的挑戰美國的貨幣改策為例 Challenge to Economics/EconomistsThe case of US monetary policy 國立臺灣大學經濟學系演講 華而誠教授 世新大學管理學院經濟系 2005.10.20 * Outline 大綱 Economics has become the most popular major in the universities of the United States and why? But this does not say economics is an easy science. On the contrary, economics has never met greater challenges as it tries to address an increasing array of questions posted by rapid technological progress and the integration of global markets (globalization). The conduct of the US monetary policy is a case in point. * I. Facts about popularity of Economics U.S. colleges and universities awarded 16,141 degrees to economics majors in the 2003-2004 academic year, up nearly 40% from five years earlier; Economics is the most popular major at Harvard University, Columbia University, University of Chicago, and other well-known schools; and * The rising popularity of the economics major appears to be a global phenomenon: the share of degrees in economics and business awarded in Poland from 1996 to 2002 more than doubled, to 36% from 16%; in Russia, the share jumped to 31% from 18% (McKinsey Global Institute). * Why, the popularity? Wide application of economics to issues of societal concerns: inflation, economic growth, equity公平; sustainable development可持續發展; economic globalization全球化,immigration; competitiveness競爭力; de-regulation (power, telecom, banking); AIDs, terrorism, corruption, sumo wrestling, etc, (“Freakonomics,” Steven Levitt, University of Chicago) ; * Economics’ mode of reasoning can help to analyze a wide rang