I. Explanation of nouns (3 marks ×6)

comparative static analysis

Boundary utility

Price-consumption curve

The golden rule of gross national product capital accumulation

Cost-driven inflation

2. Short answer questions (10 ×4)

1. Why are diamonds useless and expensive, but water is a necessity but cheap? Analyze it with the principle of marginal utility.

2. Compared with private goods, the characteristics of public goods

3. The difference between balanced budget fiscal policy and functional fiscal policy

4. Briefly explain the principle of multiplier theory.

3. Calculation problem (15 ×2)

1. Calculate substitution effect and income effect.

2. Four-sector economy, 1) is curve 2)LM curve 3) Equilibrium point 4) Investment and net export at equilibrium point.

Four. Essay question (25 points ×2)

1. Using a model with an English name, this paper analyzes that a small open economy cannot realize free capital flow, stable exchange rate and independent monetary policy at the same time.

2. Draw and analyze the short-term supply curve of perfectly competitive manufacturers.