在线 [ koolearn. ]网络课堂 系列 宏观经济学
AP 宏观经济学电子讲义
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Microeconomics
▪ Microeconomics is the study of how individual households and firms make
decisions and how they interact with one another in markets.
Macroeconomics
▪ Macroeconomics is the study of the economy as a whole.
▪ Its goal is to explain the economic changes that affect many households, firms,
and markets at once.
▪ Macroeconomics answers questions like the following:
▪ Why is erage in e high in some countries and low in others?
▪ Why do prices rise rapidly in some time periods while they are more
stable in others?
▪ Why do production and employment expand in some years and
contract in others?
The Economy’s In e and Expenditure
▪ When judging whether the economy is doing well or poorly, it is natural to
look at the total in e that everyone in the economy is earning.
▪ For an economy as a whole, in e must equal expenditure because:
Every transaction has a buyer and a seller.
Every dollar of spending by some buyer is a dollar of in e for some
seller.
The Measurement of Gross estic Product
▪ Gross estic product (GDP) is a measure of the in e and expenditures of
在线 [ koolearn. ]网络课堂 系列 宏观经济学
an economy.
▪ It is the total market value of all final goods and services produced within a
country in a given period of time.
The equality of in e and e
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