2 Economics - Macroeconomics.pdf

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1、EDUCATIONANDEXAMINATIONCOMMITTEEOFTHESOCIETYOFACTUARIESCOURSE2STUDYNOTEMACROECONOMICSbyPaulWachtelCopyright1997bytheSocietyofActuariesTheEducationandExaminationCommitteeprovidesstudynotestopersonspreparingfortheexaminationsoftheSocietyofActuaries.Theyareintended

2、toacquaintcandidateswithsomeofthetheoreticalandpracticalconsiderationsinvolvedinthevarioussubjects.Whilevaryingopinionsarepresentedwhereappropriate,limitsonthelengthofthematerialandotherconsiderationssometimespreventtheinclusionofallpossibleopinions.Thesestudyno

3、tesdonot,however,representanyofficialopinion,interpretations,orendorsementoftheSocietyofActuariesoritsEducationandExaminationCommittee.TheSocietyisgratefultotheauthorsfortheircontributionsinpreparingthestudynotes.2-21-00PrintedinU.S.A.FOURTHPRINTINGTABLEOFCONTEN

4、TSPREFACE...........................................................................................................................................................................................iCHAPTERI—ECONOMICMEASUREMENT.....................................

5、................................................................................1NATIONALINCOMEANDPRODUCTACCOUNTS.............................................................................................................1BasicDefinitionsandConcepts............

6、...........................................................................................................................1TheFormalAccounts.........................................................................................................................

7、................................2TheSavings/InvestmentIdentity.....................................................................................................................................4NominalandRealGDP.................................................

8、.....................................................................................................9IndexNumberTheory...............................................