HO3e_ch8哈伯德宏观经济学PPT.ppt

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1、CHAPTER20FernandoQuijanoPreparedby:UnemploymentandInflationTheproblemsinthenewspaperindustrywillultimatelyleavethousandsofpeopleoutofwork.Shouldyouchangeyourcareerplansifyougraduateduringarecession?YouroptionsCheckyouranswersagainstthetextbookviewsChapterOutlineandLe

2、arningObjectivesCHAPTER2020.1MeasuringtheUnemploymentRateandtheLaborForceParticipationRateDefineunemploymentrateandlaborforceparticipationrateandunderstandhowtheyarecomputed.20.2TypesofUnemploymentIdentifythethreetypesofunemployment.20.3ExplainingUnemploymentExplainwha

3、tfactorsdeterminetheunemploymentrate.20.4MeasuringInflationDefinepricelevelandinflationrateandunderstandhowtheyarecomputed.20.5UsingPriceIndexestoAdjustfortheEffectsofInflationUsepriceindexestoadjustfortheeffectsofinflation.20.6RealversusNominalInterestRatesDistinguish

4、betweenthenominalinterestrateandtherealinterestrate.20.7DoesInflationImposeCostsontheEconomy?Discusstheproblemsthatinflationcauses.UnemploymentandInflationIntendedLearningOutcomes(ILOs)DefineUnemploymentrateandInflationrateIdentifythreetypesofunemploymentMeasuringofp

5、ricelevelUsepriceindexestoadjustfortheeffectsofinflationDistinguishthedifferencebetweennominalinterestrateandrealinterestrateTheMiseryIndex:UnemploymentandInflationUnemploymentandinflationaretwoimportantmacroeconomicissuesconcernedbythepublic,businessandgovernment.Inth

6、eshortrun,thesetwoindexes(variables)roughlyshowthestateoftheeconomy.Inthelongrun,realGDPperpersondeterminesthesuccessoftheeconomy.EachmonthBLSreleasesdataonunemploymentrateandinflationrate.MeasuringtheUnemploymentRateMeasuringtheUnemploymentRateintwoways:HouseholdSurve

7、yEstablishmentSurveyMeasuringtheUnemploymentRateandtheLaborForceParticipationRateTheHouseholdSurveyDefineunemploymentrateandlaborforceparticipationrateandunderstandhowtheyarecomputed.20.1LEARNINGOBJECTIVEEmploymentandunemploymentintheprevious4weeksEmployed:workedandge

8、tpaidduringtheweekbeforethesurveyortemporarilyawayfromjobsforillness,onvacation,onstrikeetc.unemployed:didn’twork,but