宏观经济学chapter01介绍什么.pdfVIP

INTRODUCTION What is macroeconomics? 1. What is economics? “… the study of the allocation of scarce resources to satisfy competing ends”? … but in mu acro resources are not scarce! 2. Micro vs. Macro? “Macro concerns the entire economy (the economy in the large) whereas micro concerns parts thereof”? … but general equilibrium theory is micro, and labour market theory is macro! 3. A definition by the main questions asked: What creates growth in GDP over decades? What creates fluctuatio