'Potential output' diaporamas de présentation

Bangkok, Thailand 25-26 September 2019 Namsuk Kim UN DESA

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Monopolistic Competition and Oligopoly

CHAPTER TWENTY-FIVE. Superior Cheese. Monopolistic Competition and Oligopoly. Four Market Models. Monopolistic Competition. Pure Monopoly. Pure Competition. Market Structure Continuum. Monopolistic Competition. Characteristics. Relatively Large Numbers. Monopolistic Competition.

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chapter:

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Business Cycles

Business Cycles. What ar e we modelling ?. Focus on explaining fluctuations in real GDP, Y , and the GDP Deflator, P . Framework reminiscent of the supply and demand model. . SUPPLY. Two Aspects of Potential Output.

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Economic Fluctuations, Unemployment, and Inflation

Economic Fluctuations, Unemployment, and Inflation. Swings in the Economic Pendulum . Instability in the Growth of Real GDP: 1960-2013. Annual Rate of Growth in Real GDP (long-run growth rate approximately 3%).

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Unemployment

Unemployment. Full Employment?. When we talked about producing on our PPC, we said the only way to be on it was to not waste or underutilize any factors of production.

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Aggregate Supply

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Macro theory of unemployment

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Recent Developments in the World Economy and Implications for Turkey

Recent Developments in the World Economy and Implications for Turkey. Mark Lewis IMF Senior Resident Representative to Turkey Presentation at At?l?m University Ankara May 27, 2013. Recent developments in the global economy. The risks have been reduced, but the global economy remains weak.

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Aggregate Supply

Aggregate Supply . Chapter 9-2. Aggregate Supply. The aggregate supply curve shows the relationship between the aggregate price level and the quantity of aggregate output. Aggregate Supply Curve.

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Policy Analysis With the IS-LM Model

Policy Analysis With the IS-LM Model. Policy Analysis with the IS-LM Model. A Closer Look at Policy Fiscal Policy and Crowding Out Monetary Policy and the Liquidity Trap Real World Monetary and Fiscal Policy Problems of Using IS-LM in the Real World Interpretation Problems

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Aggregate Supply

Aggregate Supply . Chapter 11-3 Aggregate Supply. Aggregate Supply. The aggregate supply curve shows the relationship between the aggregate price level and the quantity of aggregate output. Aggregate Supply Curve.

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Business Cycles and the Dynamics of GDP

Business Cycles and the Dynamics of GDP. Chap. 27. Hong Kong Census & Statistics. Two Impressions. GDP Volume is growing over time. Growth is variable. Sometimes fast, sometimes flat, sometimes negative. Decompose the series into two parts which capture each of these phenomena.

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Principles and Policies I: Macroeconomics

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Productivity and Growth

Productivity and Growth. Chapter 7. Growth is an increase in potential output. Potential Output: the highest amount of output an economy can produce from the existing production function and the existing resources. Real GDP per Person in Five Industrialized Countries, 1870 - 2000.

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Lectures on Economic Policy

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Aggregate Equilibrium

Aggregate Equilibrium. Macroeconomic Theory. Recessionary Gap. Economy above full output. LRAS 1. LRAS 1. Price Level. Price Level. SRAS 1. SRAS 1. Real GDP. Real GDP. AD 1. AD 1. Inflationary Gap. Economy below full output. Unemployment high, output low

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SHORT-TERM ECONOMIC FLUCTUATIONS

SHORT-TERM ECONOMIC FLUCTUATIONS. Chapter 10. The Economy in the Short Run. Learning Objectives. Identify the four phases of the business cycle. Explain the primary characteristics of recessions and expansions.

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Short-Run Economic Fluctuations

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