中山大学岭南学院经济学原理hubbardecon0121.pptVIP

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中山大学岭南学院经济学原理hubbardecon0121.ppt

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Economic Growth, the Financial System, and Business Cycles Growth and the Business Cycle at the Ford Motor Company After studying this chapter, you should be able to: Discuss the importance of long-run economic growth. Discuss the role of the financial system in facilitating long-run economic growth. Explain what happens during a business cycle. Economic Growth, the FinancialSystem, and Business Cycles Long-Run EconomicGrowth Is the Key to Rising Living Standards The Connection Between Economic Prosperity and Health Long-Run Economic Growth Is the Key to Rising Living Standards Long-Run Economic Growth Is the Key to Rising Living Standards The Role of Technological Change in Growth What Explains Rapid Economic Growth in Botswana? Long-Run Economic Growth Is the Key to Rising Living Standards Saving, Investment, and the Financial System Saving, Investment, and the Financial System The Macroeconomics of Saving and Investment Saving, Investment, and the Financial System Saving, Investment, and the Financial System Ebenezer Scrooge: Accidental Promoter of Economic Growth? Saving, Investment, and the Financial System Saving, Investment, and the Financial System How Would a Consumption Tax Affect Saving, Investment, the Interest Rate, and Economic Growth? The Business Cycle Who Decides If the Economy IsIn a Recession? The Business Cycle The Business Cycle The Business Cycle The Business Cycle The Business Cycle The Business Cycle The Business Cycle The Business Cycle Here Come Chinese Cars Business cycle Capital Financial system Human capital Labor productivity Long-run economic growth Market for loanable funds Potential GDP ? 2006 Prentice Hall Business Publishing Economics R. Glenn Hubbard, Anthony Patrick O’Brien—1st ed. CHAPTER 21: Economic Growth, the Financial System, and Business Cycles c h a p t e r twenty-one Prepared by: Fernando Yvonn Quijano LEARNING OBJECTIVES 1 2 3 In this chapter we will look more close