西方经济学名词解释英文版

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1、优质文档 西方经接着名词说明英文版第一章Macroeconomics 宏观经济学The study of the overall aspects and workings of a national economy, such as income, output, and the interrelationship among diverse economic sectors. 探究国民收入的各方面。Microeconomics 微观经济学The study of the operations of the components of a national economy, such as i

2、ndividual firms, households, and consumers.探究经济中单个因素行为的分析。GDP 国内生产总值 (Gross Domestic Product)The total market value of all final goods and services produced within the borders of a nation during a specified period.一国国民在各行业中一年内生产的最终产品和最终效劳价值总和。It is often seen as an indicator of the standard of livin

3、g in a country.Gross Domestic Productconsumption + investment goods + government purchases + net exportsEconomic Growth 经济增长steady growth in the productive capacity of the economy (and so a growth of national income)Real Economic Growth Rate 实际经济增长率A measure of economic growth from one period to ano

4、ther expressed as a percentage and adjusted for inflation (i.e. expressed in real as opposed to nominal terms). The real economic growth rate is a measure of the rate of change that a nations gross domestic product (GDP) experiences from one year to another. Gross national product (GNP) can also be

5、used if a nations economy is heavily dependent on foreign earnings. The real economic growth rate builds onto the economic growth rate by taking into account the effect that inflation has on the economy. The real economic growth rate is a constant dollar and therefore a more accurate look at the rat

6、e of economic growth because the real rate is not distorted by the effects of extreme inflation or deflation.GDP deflator GDP指数In economics the GDP deflator (implicit price deflator for GDP) is a measure of the change in prices of all new, domestically produced, final goods and services in an econom

7、y. GDP stands for gross domestic product the total value of all goods and services produced within that economy during a specified period. Nominal GDP 名义GDPA gross domestic product (GDP) figure that has not been adjusted for inflation.Real GDP 实际GDPThis inflation-adjusted measure that reflects the v

8、alue of all goods and services produced in a given year, expressed in base-year prices. Often referred to as constant-price, inflation-corrected GDP or constant dollar GDP. Unlike nominal GDP, real GDP can account for changes in the price level, and provide a more accurate figure.Potential output 潜在

9、产量/潜在GDPIn economics, potential output (also refered to as natural real gross domestic product) refers to the highest level of real Gross Domestic Product output that can be sustained over the long term.GDP Gap GDP缺口The forfeited output of an countrys economy resulting from the failure to create suf

10、ficient jobs for all those willing to work. A GDP gap denotes the amount of production that is irretrievably lost. The potential for higher production levels is wasted because there arent enough jobs supplied.和书异Net Exports 净出口The value of a countrys total exports minus the value of its total import

11、s. It is used to calculate a countrys aggregate expenditures, or GDP, in an open economy. In other words, net exports is the amount by which foreign spending on a home countrys goods and services exceeds the home countrys spending on foreign goods and services.Recession 经济衰退A significant decline in

12、activity spread across the economy, lasting longer than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a countrys GDP. Notes: Rece

13、ssion is a normal (albeit unpleasant) part of the business cycle. A recession generally lasts from six to eighteen months. Interest rates usually fall in recessionary times to stimulate the economy by offering cheap rates at which to borrow money.Depression 经济萧条A severe and prolonged recession chara

14、cterized by inefficient economic productivity, high unemployment, and falling price levels. In times of depression, consumers confidence and investments decrease, causing the economy to shutdown.Value Added 附加值The enhancement a company gives its product or service before offering the product to cust

15、omers. This can either increase the products price or value.和书异Gross National Product GNP 国民生产总值An economic statistic that includes GDP, plus any income earned by residents from overseas investments, minus income earned within the domestic economy by overseas residents. GNP is a measure of a country

16、s economic performance, or what its citizens produced (i.e. goods and services) and whether they produced these items within its borders.Disposable Income 可支配收入The amount of after-tax income that is available to divide between spending and personal savings. This also known as your take home pay.Unemployment Rate 失业率The percentage of the total labor force that is unemployed bu

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