高鸿业-宏观经济学第六版-第十二章-宏观经济的基本指标及其衡量.ppt

* * If you spent a few minutes of class time on the preceding exercise, you can go through this slide fairly quickly. * * This graph combines panels (a) and (b) of Figure 2 in the textbook. National saving is constructed as Y – C – G. Investment is gross private domestic investment. NCO is constructed as S – I. Source: U.S. Department of Commerce. I obtained the data from: /fred2/ Series: GDP (for Y), GDPI (for I), GCE (for G), PCE (for C). All data are quarterly, SAAR, billions of current dollars. * See “Case Study: The Increasing Openness of the U.S. Economy” in the textbook for a nice discussion of the factors that explain the increase in the U.S.’ international trade. I constructed the series in this figure from quarterly, seasonally adjusted data on nominal GDP, exports, and imports. Original source: U.S. Dept of Commerce, Bureau of Economic Analysis I obtained the data from: /fred2/, series EXPGS, IMPGS, and GDP. * * * * * Suggestion: Show these questions, and give your students 1-3 minutes to formulate their answers. When you are ready to discuss the answers, go to the next slide…. Suggestion: Show these questions, and give your students 1-3 minutes to formulate their answers. When you are ready to discuss the answers, go to the next slide…. Suggestion: Show these questions, and give your students 1-3 minutes to formulate their answers. When you are ready to discuss the answers, go to the next slide…. Suggestion: Show these questions, and give your students 1-3 minutes to formulate their answers. When you are ready to discuss the answers, go to the next slide…. * * * * Then why do we care about GDP? Because a large GDP does in fact help us to lead a good life. GDP does not measure the health of our children, but nations with larger GDP can afford better health care for their children. GDP does not measure the beauty of our poetry, but nations with larger GDP can afford to teach more of their citizens to read and enjo