What is the western economics of Hebei University of Finance? What is the point?

Test basic knowledge, focusing on theory.

First of all, the microscopic part

The basic theory of demand and supply; The basic theory of demand:

Key points: demand, demand theorem, factors affecting demand, demand change and demand change.

Common sense: demand function, demand curve, basic theory of supply.

Focus: supply, factors affecting supply, changes in supply, changes in supply.

General understanding: the joint action of supply curve, supply function and supply-demand curve.

Focus: equilibrium price, equilibrium price change, elasticity theory.

Focus: price elasticity of demand, price elasticity of demand and sales revenue of manufacturers, factors affecting price elasticity of demand, supply elasticity and income elasticity of demand, study hard.

Common sense: cross elasticity of demand, application of supply and demand curve.

Key points: maximum price, minimum price utility theory, cardinal utility theory.

Focus: diminishing marginal utility, consumer equilibrium and consumer surplus.

General mastery: cardinal utility and ordinal utility, derivation of demand curve, ordinal utility theory.

Focus on: indifference curve and its characteristics, marginal substitution rate of goods, budget line and its changes, consumer equilibrium,

Common sense: consumer demand curve, substitution effect and income effect.

Focus: substitution effect, income effect, normal goods, low-grade goods, giffen goods, substitution effect and income effect of various goods and their differences. Production theory, production function

Key points: production function, Cobb-Douglas production function.

Common sense: technical coefficient, fixed proportion production function, and reasonable input of a variable production factor.

Focus: total output, average output, marginal output and its relationship, the law of diminishing marginal income, and the three stages of production; The best combination of two variable factors of production,

Key points: equal output curve and its characteristics, marginal rate of technological substitution, equal cost line, optimal combination of production factors.

General mastery: three stages of scale income change and their characteristics: cost theory; The concept of cost.

Focus: opportunity cost, explicit cost, hidden cost and profit; Short term costs.

Focus: various short-term costs and their relationships,

General understanding: the relationship between short-term output curve and short-term cost curve; Long term costs.

Key points: long-term total cost curve, long-term marginal cost curve and long-term average cost curve; Market structure and enterprise equilibrium; A perfectly competitive manufacturer.

Key points: the conditions of perfect competitive market, the demand curve and income curve of manufacturers, the short-term equilibrium and short-term supply curve of manufacturers, and the long-term equilibrium of manufacturers.

Common sense: profit maximization principle, producer surplus. Monopoly the market.

Grasp: the conditions of monopoly market, demand curve and income curve of monopoly manufacturers, short-term equilibrium and long-term equilibrium of monopoly manufacturers, price discrimination.

Natural monopoly and government regulation. Pay attention to monopolistic competition: the conditions of monopolistic competition market, the demand curve of manufacturers, the short-term equilibrium and long-term equilibrium of manufacturers, oligopoly.

Key points: characteristics of oligopoly market, Cournot model, Swayze model, prisoner's dilemma, dominant strategy, Nash equilibrium,

Comparison of economic efficiency in different markets. The price of production factors determines the demand of production factors.

Key points: the principle of using production factors by perfectly competitive manufacturers and the marginal product value.

Supply of production factors:

Key points: principle of factor supply, determination of labor supply curve and wage, determination of land supply curve and land rent, quasi-land rent, economic land rent, Lorenz curve and Gini coefficient. Basic concepts of welfare economics.

Emphasis: positive economics, normative economics, Pareto optimal state.

Pareto optimal conditions and perfect competition.

Emphasis: Pareto optimal exchange condition, Pareto optimal production condition, Pareto optimal production exchange condition, perfect competition and Pareto optimal state. Social welfare function.

Focus: social welfare function.

Impossible theorem. Market failure and microeconomic policy monopoly.

Concern: monopoly and inefficiency,

Common sense: monopoly public control, anti-monopoly law. External influence.

Focus on: external influence and improper allocation of resources, Coase theorem.

Common sense: policies about external influences, public goods.

Focus: public goods and their characteristics, market failure.

Common sense: public choice theory, incomplete information and market failure.

Second, the macro part:

Focus: national income accounting; Gross domestic product and other total

Focus: intermediate products, final products, gross domestic product, gross national product, net gross domestic product, national income, personal income, disposable personal income, nominal gross domestic product and real gross domestic product;

Two accounting methods of national income:

Emphasis: expenditure method and income method.

Basic formula of national income.

Two departments: C+I = Y = C+Si = S.

Three departments: C+I+G = C+S+Ti+G = S+T.

Three departments: C+S+G+(X-M) = Y = C+S+T+Kri+G+(X-M) = S+T+KR.

Simple national income determination theory; Balanced output.

Focus: equilibrium output, investment equals savings.

General mastery: the simplest economic hypothesis; Consumption function and savings function.

Focus: consumption function, marginal propensity to consume, average propensity to consume, savings function, average propensity to save, marginal propensity to save, and the relationship between consumption function and savings function; The determination and change of national income.

Key points: consumption function determines income, and savings function determines income multiplier theory.

Focus on: investment multiplier, government purchase multiplier, tax multiplier, government transfer payment multiplier and balanced budget multiplier.

General balanced investment decision in product market and money market.

Focus: Real interest rate and marginal efficiency of investment and capital. It's a curve.

Key points: IS curve, IS curve slope and IS curve movement.

General understanding: The key points of determining interest rate derived from IS curve are: the motivation of money demand, the trap of liquidity preference, the role of money demand, the balance of money supply and demand and the determination of interest rate.

LM curve:

Key points: LM curve, the slope of LM curve and the movement of LM curve. General mastery: derivative of LM curve; Is-lm analysis.

Focus on: the general equilibrium and non-equilibrium of product market and money market, the change of equilibrium income and interest rate.

Universal mastery: the basic framework of Keynesian theory: macroeconomic policy analysis and practice; Macroeconomic policy.

Emphasis: fiscal policy and its effect, crowding out effect, monetary policy and its effect, and the mixed use of fiscal policy and monetary policy.

Comprehensive mastery: the limitations of monetary policy; Macroeconomic policy practice.

Focus: the goal of economic policy, the tools and applications of fiscal policy, and the tools and applications of monetary policy.

Total demand-total supply model of capital market.

Focus: aggregate demand curve, aggregate demand function.

General mastery: aggregate demand curve's deduction; Total supply curve.

Focus: long-term total supply curve, short-term total supply curve.

Generally grasp: the effect of aggregate demand curve movement: Keynesian situation, classical situation and conventional situation, the effect of total supply curve movement; Theory of economic growth and economic cycle.

Focus: growth accounting, the source of economic growth.

Common sense: a general understanding of economic growth, economic growth and development; Economic growth model.

Focus on: neoclassical growth model, Danny's analysis of economic growth factors, Kuznets' analysis of economic growth.

General mastery: growth limit theory, growth skepticism; Economic cycle theory.

Key points: the meaning and characteristics of economic cycle, the types of economic cycle, multipliers and acceleration models.

Common sense: the theory of real economic cycle; Unemployment and inflation theory.

Key points: unemployment, classification of unemployment, natural unemployment rate, influence of unemployment, Okun's law.

Unemployment economics explains inflation and its causes.

Focus: inflation and its measurement, types of inflation, causes of inflation, and economic response to inflation.

A little grasp: additional expected Phillips curve, Phillips curve.

Overall grasp: the government's anti-inflation policy. The test sites and key points of general western economics are all within these ranges.

Hebei University of Finance is located in Baoding City, Hebei Province. It is the only full-time undergraduate college with distinctive financial characteristics in North China and Northwest China, and it is also the priority training base for financial talents in Hebei Province.