经济讲座介绍后几章有长期增长详细模型现在转向构成商业周期短期.pdfVIP

Introduction • The last few chapters have detailed models of long run economic growth → now turn to short run fluctuations in the economy that constitute the business cycle • The AS/AD model is the basic macroeconomic tool for studying output fluctuations and the determination of the price level and the inflation rate – Can be used to ex in how the economy deviates from a path of smooth growth over time, and to explore the consequences of ernment policies intended to reduce unemployment and output fluct