Chapter 11 Economic growth and Economic cycle 复表经济学院
Chapter 11 Economic growth and Economic cycle 0 10 20 30 40 90 91 92 93 94 95 96 97 98 99 00
Topics to be Discussed o 11.1 Summary o Initial research about the economic growth s The definition about the economic growth s Weighing standard about the economic growth Headspring of the economic growth Economic growth and economic development 复表经济学院
Topics to be Discussed 11.1 Summary ❖ Initial research about the economic growth ❖ The definition about the economic growth ❖Weighing standard about the economic growth ❖ Headspring of the economic growth ❖ Economic growth and economic development
Topics to be Discussed o 11.2 Classical growth theory ÷ Basic supposition o Harrod-Domar growth model o 11.3 New classical economic growth theory ⊙114 Economic cycle o 11.5 Explanation of the economic cycle 复表经济学院
Topics to be Discussed 11.2 Classical growth theory ❖ Basic supposition ❖ Harrod——Domar growth model 11.3 New classical economic growth theory 11.4 Economic cycle 11.5 Explanation of the economic cycle
11.1 Summary o Definition about the economic growth o The growth about the ability of producing goods and labor services in one country es The long-term rise in supplying the residents increasing economic products 复表经济学院
11.1 Summary Definition about the economic growth ❖ The growth about the ability of producing goods and labor services in one country。 ❖ The long-term rise in supplying the residents increasing economic products
11.1 Summary o Weighing standard about the economic growth GDP can not be regarded as the economic growth rate because *(1) price ; *(2) population change (3) potential, not real a (4) can not reflect the welfare increasing, environment pollution 复表经济学院
11.1 Summary Weighing standard about the economic growth : ❖ GDP can not be regarded as the economic growth rate，because： （1）price； （2）population change； （3）potential ,not real； （4）can not reflect the welfare increasing、environment pollution