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[Common Interest] Macroeconomics and Political Economy

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黄金长老

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发表于 2010-12-8 01:49 PM |只看该作者 |倒序浏览

本帖最后由晴儿于 2010-12-8 01:53 PM 编辑

Hello everyone,

I am looking for friends who are interested in Economics, we can discuss the latest news of the world and the trend of their economy.

I am a 3rd year economic major student, I found that political economy is quite interesting. From the latest news, we can predict and foresee the economical trends of some countries. However, I don't have many friends who like to discuss this kind of issue with me, I only discuss with my boyfriend, but he is engineering student.

Some theories that learnt could be applied in our real life, and it has made Economics less boring but more fun =D

I am quite interested in China economy, anyone wants to share something from he/her point of view?

Besides, I welcome you to share microeconomics information. or anyone who has confusion about economics I will try my best to clear your doubts =D

economics

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mcQueen_88

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发表于 2010-12-21 08:14 AM |只看该作者

Hii u know what??im kinda into monetary & fiscal policy..if we really know what is going aroung these,we might know when to save,when to spend,and for sure,we can become more alertLOL

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晴儿

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发表于 2010-12-23 02:45 AM |只看该作者

Hii u know what??im kinda into monetary & fiscal policy..if we really know what is going aroung thes ...
mcQueen_88 发表于 2010-12-21 08:14 AM

Yaya, I know Fiscal Policy and Monetary Policy too
this is rather important for retrieving one country's economy when it suffers an economy downturn or business cycle

sometime, a country adopts both Fiscal Policy and Monetary Policy, which named Mixed Policy
its objective is to expand the economy while maintaining their exchange rate

I will introduce the Fiscal Policy, Monetary Policy and Mixed Policy later =D

Thanks for your sharing, and hope you can always visit here

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mcQueen_88

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发表于 2010-12-23 02:49 AM |只看该作者

Sure..Tell me more..Hear fr u soon..
Merry Xmas & may the force be with u>>

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晴儿

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发表于 2010-12-24 04:58 PM |只看该作者

Fiscal Policy:

2 tools to stimulate or slow down the economy: taxes and government expenditure

when the economy is overheating, means that exchange rate will appreciate, government will increase taxes to cool down the economy

when the economy is suffering economic downturn, government will increase government expenditure, to build infrastructure (to increase employment) , it also will improve the standard living of people

****during 07/08 Global Financial Crisis, increase government spending does not have effective impact to the economy in some western countries, such as US, UK and European Union countries. This is because they all are very well-developed countries, infrastructures are very well-devoloped int their countries, thus government cannot further set up the infrastructure.