第四章古典宏观经济模型.pptVIP

古典宏观经济模型 古典模型的基本内容 Thomas Malthus’ Critique Suppose income earners don’t spend all their money and instead save some of it? That’s exactly the problem Thomas Malthus raised. Malthus said that if people didn’t spend all of their money, there would be a general glut充斥、过剩 of goods and people would be out of work. 劳动力市场与充分就业均衡 生产函数：Y=F(N,K) 劳动力需求与供给 AD-AS模型 1. Change in consumer spending a. Consumer wealth b. Consumer expectations c. Household indebtedness or credit conditions d. Tax policy 2. Change in investment spending a. Interest rates b. Profit expectations on investment projects c. Business taxes d. Technology e. Degree of excess capacity 3. Change in government spending 4. Change in net export spending a. National income abroad b. Exchange rates Determinants of aggregate demand: factors which shift the aggregate demand curve Real domestic output, GDP Price level 0 AD1 AD2 AD3 1. Change in consumer spending a. Consumer wealth b. Consumer expectations c. Household indebtedness or credit conditions d. Tax policy 2. Change in investment spending a. Interest rates b. Profit expectations on investment projects c. Business taxes d. Technology e. Degree of excess capacity 3. Change in government spending 4. Change in net export spending a. National income abroad b. Exchange rates Determinants of aggregate demand: factors which shift the aggregate demand curve Real domestic output, GDP Price level 0 AD1 AD2 AD3 1. Change in consumer spending a. Consumer wealth b. Consumer expectations c. Household indebtedness or credit conditions d. Tax policy 2. Change in investment spending a. Interest rates b. Profit expectations on investment projects c. Business taxes d. Technology e. Degree of excess capacity 3. Change in government spending 4. Change in net export spending a. National income abroad b. Exchange rates Determinants of aggregate demand: factors which shift the aggregate demand curve Real domestic