文档介绍:该【曼昆宏观经济学第七版讲义(1)公开课获奖课件赛课一等奖课件 】是由【读书百遍】上传分享,文档一共【29】页,该文档可以免费在线阅读,需要了解更多关于【曼昆宏观经济学第七版讲义(1)公开课获奖课件赛课一等奖课件 】的内容,可以使用淘豆网的站内搜索功能,选择自己适合的文档,以下文字是截取该文章内的部分文字,如需要获得完整电子版,请下载此文档到您的设备,方便您编辑和打印。The Science of Macroeconomics
1
2 0 1 0 U P D A T E
In this chapter, you will learn:
about the issues macroeconomists study
the tools macroeconomists use
some important concepts in macroeconomic analysis
Important issues in macroeconomics
What causes recessions? What is “government stimulus” and why might it help?
How can problems in the housing market spread to the rest of the economy?
What is the government budget deficit? How does it affect workers, consumers, businesses, and taxpayers?
Macroeconomics, the study of the economy as a whole, addresses many topical issues, .:
Important issues in macroeconomics
Why does the cost of living keep rising?
Why are so many countries poor? What policies might help them grow out of poverty?
What is the trade deficit? How does it affect the country’s well-being?
Macroeconomics, the study of the economy as a whole, addresses many topical issues, .:
. Real GDP per capita ( dollars)
long-run upward trend…
Great Depression
World War II
First oil price shock
Second oil price shock
9/11/2001
. Inflation Rate(% per year)
. Unemployment Rate(% of labor force)
Social problems like homelessness, domestic violence, crime, and poverty are linked to the economy.
For example…
Why learn macroeconomics?
1. The macroeconomy affects society’s well-being.
percent of labor force
crimes per 100,000 population
. Unemployment and Property Crime Rates
Unemployment (left scale)
Property crimes (right scale)
Why learn macroeconomics?
2. The macroeconomy affects your well-being.
change from 12 mos earlier
percent change from 12 mos earlier
In most years, wage growth falls when unemployment is rising.
Why learn macroeconomics?
3. The macroeconomy affects election outcomes.
Unemployment & inflation in election years
year U rate inflation rate elec. outcome
1976 % % Carter (D)
1980 % % Reagan (R)
1984 % % Reagan (R)
1988 % % Bush I (R)
1992 % % Clinton (D)
1996 % % Clinton (D)
% % Bush II (R)
% % Bush II (R)
% % Obama (D)