Twenty-five lectures on macroeconomics

This book is compiled from the author's lectures at the National School of Development, Peking University. The book is problem-oriented, not only systematically introduces macroeconomic theory, but also provides a complete framework for understanding China's economic operation. Fresh economic phenomena such as China's economic structural imbalance, subprime mortgage crisis, European debt crisis, China's debt problem, and China's financial chaos have been deeply explained under the unified framework.

This book is an intermediate macroeconomics textbook, divided into 24 lectures, each corresponding to a lecture, including "understanding the Chinese economy through GDP", "the supply-side decomposition of China's economic growth", "the decision of consumption and savings in the economy" , "China's Insufficient Consumption" and other chapters, not only have macroeconomic theory, but also combine China's actual economic problems.

This book introduces equilibrium macroeconomics at an acceptable level of mathematics for undergraduates, and can be seamlessly connected with the content of advanced macroeconomics, so it is a convenient way for students to enter modern macroeconomics. This book also closely follows China's economic practice and gives explanations on important practical issues, so as to help practitioners form a comprehensive and in-depth understanding of China's economy. The contents of the book can also provide inspiration for researchers of the Chinese economy.