课程大纲
Unit 1 Basic Economic Concepts
➢Scarcity
➢Opportunity cost and PPC
➢Comparative advantage and gain from trade
➢Demand and supply
➢Market equilibrium and changes in equilibrium
Unit 2 Economic Indicators and the Business Cycle
➢The Circular Flow and GDP
➢Real v. Nominal GDP
➢Limitations of GDP
➢Unemployment
➢Price Indexes and Inflation
➢Costs of Inflation
➢Business Cycles
Unit 3 National Income and Price Determination
➢Aggregate Demand (AD)
➢Short-Run Aggregate Supply (SRAS)
➢Long-Run Aggregate Supply (LRAS)
➢Equilibrium and changes in equilibrium in the AD-AS Model
➢Long-Run Self-Adjustment
➢Fiscal & Multipliers & Crowding Out
➢Automatic Stabilizers
Unit 4 Financial Sector
➢Financial Assets
➢Nominal v. Real Interest Rates
➢Definition, Measurement, and Functions of Money
➢Banking and the Expansion of the Money Supply
➢The Money Market
➢Monetary Policy
➢The Loanable Funds Market
Unit 5 : Long-Run Consequences of Stabilization Policies
➢Fiscal and Monetary Policy Actions in the Short Run
➢The Phillips Curve
➢Money Growth and Inflation
➢Government Deficits and the National Debt
➢Public Policy and Economic Growth
Unit 6: Open Economy—International Trade and Finance
➢Balance of Payments Accounts
➢The Foreign Exchange Market & Exchange Rates
➢Effect of Changes in Policies and Economic Conditions on the Foreign Exchange Market
➢Changes in the Foreign Exchange Market and Net Exports
➢Real Interest Rates and International Capital Flows
Practice exam 1.5h