资源描述：
《cfa level i curriculum book ii》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。
1、2012CFALevelICurriculumBookIIJieWuThisworkislicensedundertheCreativeCommonsAttribution-NonCommercial-ShareAlike3.0License.2DISCLAIMER:Theauthorisnotresponsibleorliableforanyerrorcontainedinthisdocument.Theimagesarecollectedfromtheinternetandextractedfromthecurriculumbookthecopyrightsofwhichbelo
2、ngtotheoriginalmakers.Chapter1Economics1.1MicroeconomicAnalysis1.1.1DemandandSupplyAnalysis:Introductioneconomics:pp.6,thestudyofproduction,distribution,andconsumption,twobroadarea=macroeconomics(national/regional)+microeconomics(individual)pp.6,privateenterprisemarketeconomicsarethechiefconcer
3、nofinvestmentanalyststheoryoftheconsumer:pp.6,thestudyofconsumptionbyutility-maximizingindividualstheoryofthe rm:pp.6,thestudyofgoodsandservicesbypro t-maximizing rmsbreakdown:thereare4sectionsSection2:marketclassi cationSection3:conceptsandprinciplesofdemandandsupplyanalysisSection4:measureofd
4、emandsensitivitytopriceandincomechangetypesofmarkets:pp.7,therearethreefactormarket:marketforfactors(resources)ofproduction,e.g.labormarket,householdsaresellerswhereas rmsarebuyersgoodmarket:marketforoutputsofproduction,e.g.commoditiesandservices, rmsaresellerswhereashouseholdsarebuyerscapitalm
5、arket:for rmstoselldebtorequitytoraiselong-termcapitalto nancetheproductionofgoodsandservicesdemandandsupply:pp.10,economistsoftenusesimplelinearequationstoapproximatereal-worlddemandandsupplyfunctionsinrelevantrangesdemandandsupplycurve:pp.12,abscissaisquantity,ordinateispricepp.9,bythelawofde
6、mand(higherpricefewerdemanded)thedemandcurveisalwaysdownwardsloping(negativecoecient)pp.15,bythelawofsupply(higherpricemoresupplied)thesupplycurveisalwaysupwardsloping(positivecoecient)34CHAPTER1.ECONOMICStwotypesofchanges:pp.11&16,changeinquantitydemanded/supplied:causedbychangeinagood'sown-
7、price,resultedinmovementalongthedemandcurvechangeindemand/supply:causedbychangeinanyothervariables,resultedinshiftoftheentiredemandcurveaggregatedemandandsupplyfunction:pp.17,justsumupthequantitiesfromallbuyersandsellersmarketequi
