You are on page 1of 85

T hc Kinh t v m bng hnh nh

Phn c bn (Tng quan ton cnh Kinh t v m)

Copyright 2012 CFOViet.com

Ebook c thit k hp l, gip c tt trn my tnh, iPad v cc thit b di ng khc

Copyright CFOViet.com

Hng dn s dng Ebook Click vo "Navigation Panel" bit c bn ang c n trang no ca Ebook.

Click vo y !

Copyright CFOViet.com 3

Quyn li ca bn

Cm n bn mua Ebook ny. Bn s c CFOViet u tin gi ring qua email mt s qu tng sau sau y: Gi ti liu kinh t hu ch dng km vi sch Bn cp nht ca ti liu ny (nu c) Ti liu khc v B quyt thnh cng, c hi kinh doanh, u t, (gi nh k)

Nu cha mua, bn c th ng k ti y c hng u i: http://hockinhte.net/

Copyright CFOViet.com

Copyright CFOViet.com

V sao cn hc Kinh t v m ? 1. i vi nhng ngi ang theo hc ngnh kinh t, ti chnh, k ton, ngn hng, u t, bn hng, marketing,... : Kinh t v m l ngun kin thc thc s cn thit v nh tuyn dng lun nh gi cao nhng ai am hiu v lnh vc ny. 2. i vi doanh nghip: Hiu bit v kinh t v m gip doanh nghip nm c quy lut ca nn kinh t, ng ph mt cch nhy bn i vi nhng thay i v chnh sch, bin ng ca th trng, nhm gip doanh nghip vt qua kh khn cng nh nm bt c hi pht trin kinh doanh. 3. i vi ngn hng: bin ng ca cc yu t thuc kinh t v m gn lin vi li nhun ca ngn hng, v ngi lm trong ngn hng buc phi hiu r lnh vc ny. 4. i vi nh u t: mi quyt nh u t lun cn c vo vic phn tch doanh nghip kt hp vi chnh sch kinh t v m ca t nc. 5. i vi ngi lm trong chnh ph: hiu r v kinh t v m mi c th ra quyt nh v ban hnh chnh sch mt cch sng sut v hp l.
Copyright CFOViet.com

Hiu bit v kinh t v m l mt li th khi i xin vic

www.CFOViet.com

Ch tch tp on Mc Kensey ni v kinh t v m & vi m

www.CFOViet.com

Phn ln du hiu cnh bo cc cn bo ti chnh nm iu kin kinh t vi m. Song song vi n, vic theo di cc ch s kinh t v m s c th gip tm ra nguyn nhn ca khng hong, ch ra ni khng hong s tn cng v thm ch khong thi gian n c th tn cng.

Li dy ca cao nhn

Nu cho ti 8 ting ng h cht 1 ci cy, th ti s dng 6 ting mi chic ru

Abraham Lincoln (Tng thng v i nht ca M)

CFOViet.com

CFOViet

Chng 1

Tng quan v Kinh t v m Overview of Macroeconomics

CFOViet.com
10

Kinh t v m l g ?

Copyright CFOViet.com 11

Kinh t v m vs Kinh t vi m

Kinh t v m

Kinh t vi m

Copyright CFOViet.com

Kinh t v m & Kinh t vi m trn bo ch

Kinh t v m

Kinh t vi m

Copyright CFOViet.com

Kinh t v m l g ? Kinh t hc nghin cu v 2 lnh vc chnh: Kinh t v m v Kinh t vi m V m (Macro): quy m ln, phm vi ln Vi m (Micro) : quy m nh, phm vi nh Ch V () ngha l to ln V d: V nhn (ngi v i) Ch Vi () ngha l nh b V d: Vi trng (sinh vt rt nh)

Kinh t v m Macroeconomics Kinh t hc Economics

Kinh t vi m Microeconomics

Ch M () ngha l quy m, phm vi


Copyright CFOViet.com

S khc nhau gia Kinh t v m v Kinh t vi m l g ?

Kinh t v m (Macroeconomics)
Nhn t trn cao, quan st ton b khu rng. Quy m rng ln: ton th nn kinh t (overview of the economic status of a country) i tng: Chnh ph, ngi nc ngoi, ton b doanh nghip, h gia nh,... V d: tng trng GDP, CPI, t l tht nghip, lm pht, chnh sch tin t, (growth, inflation, unemployment,...)

Kinh t vi m (Microeconomics)
Nhn t mt t, quan st s tng tc gia cc cy trong rng. Quy m nh l: tp trung vo cc c th n l (focused on the behavior of individual households and firms) i tng: ngi tiu dng, doanh nghip, th trng cnh tranh, V d: cung, cu, gi c, th trng, sn lng, doanh thu, chi ph, li nhun,... (the supply and demand for goods and services...)
Copyright CFOViet.com

Cu hi dnh cho bn Trong 2 v d di y, v d no cp n kinh t v m, kinh t vi m ? V d 1


"Tng kt nm 2011, GDP tng gn 6%, xut khu tng 33% v nhp siu gim mnh. c bit, cn cn thanh ton bi thu 3 t USD, d tr ngoi t c ci thin v t gi c gi n nh trong nhng thng cui nm" (Chng khon Phng Nam)

V d 2
"Theo nhn nh ca Hip hi Thp Vit Nam (VSA), sau nhiu thng trm lng t u nm n nay, th trng thp c th s khi ng tt hn t thng 9 cho n qu IV. Khi , th trng thp si ng tr li, sc tiu th mnh, gi bn s c iu chnh ln mt cht." (Thi bo ngn hng)

Mc tiu ca Kinh t v m

Copyright CFOViet.com 17

Cc Mc Tiu Ca Kinh T V M Kinh t v m quan tm n 4 mc tiu chnh:

Sn lng

Vic lm

Lm pht

Cn cn thng mi

Sn lng cao v tng trng tt

Nhiu vic lm v t l tht nghip thp

T l lm pht va phi

Xut khu nhiu hn nhp khu

4 mc tiu Kinh T V M

4 nhn t chnh trong Kinh t v m

Copyright CFOViet.com 19

4 nhn t chnh trong Kinh t v m

C nhn / H gia nh

Doanh nghip Nh sn xut

Kinh t V m

Nh nc Chnh ph

Nc ngoi (Ngoi thng)

Cc cng c iu tit v m

Copyright CFOViet.com 21

Cng c iu tit Kinh T V M C 4 cng c iu tit Kinh t v m:

1 Chnh sch ti kha (fiscal policy)

2 Chnh sch tin t


(monetary policy)

3 Chnh sch ngoi thng (trade policy)

4 Chnh sch thu nhp


(Incomes policy)

Tng gim chi tiu v thu

Tng gim cung tin v mc li sut

T gi hi oi, thu xut nhp khu, hn ngch

Tng gim gi c v tin lng

4 cng c iu tit Kinh T V M

Relax: Bi hc cuc i

www.CFOViet.com

Ch mt 2 nm hc ni Nhng phi mt c cuc i hc im lng


Proverbe Chinois

CFOViet

Chng 2

Tng sn phm quc ni (GDP) Gross Domestic Product

CFOViet.com
24

Tng sn phm quc ni (GDP)

Copyright CFOViet.com 25

GDP trn bo ch

GDP

Tng sn phm quc ni (GDP) l g ?


Tn gi khc: Tng sn phm ni a Ting Anh: Gross Domestic Product Market value = PriceQuantity L tch ca Gi v S lng (tng s tin b ra mua hng) V d: Bnh M (S lng = 5, Gi = 1000/) s c Market Value = 51000 = 5000 Sn phm c ngi s dng cui cng (final buyer) mua dng. V d: in thoi, Xe hi, V xem ca nhc

Tng sn phm quc ni l gi tr th trng (market value) ca ton b dch v v hng ha cui cng (final goods and services) c sn xut ra trong phm vi lnh th ca 1 quc gia (within the border of a country), trong 1 khong thi gian nht nh (given time period) thng l 1 nm hoc 1 Qu.
V d: 1. Thu nhp ca ngi Vit Nam ang lm Nht c tnh vo GDP ca Nht. 2. Gi tr th trng ca in thoi Galaxy do cng ty Samsung Vietnam sn xut c tnh vo GDP ca Vit Nam. 3. Li nhun do ngn hng HSBC Vietnam kim c ti Vit Nam c tnh vo GDP ca Vit Nam.

V d: 1. Nh xy nm 2011 nhng c bn vo nm 2012, th c tnh vo GDP nm 2011, 2. Hng ha c sn xut vo nm 2011, nhng c ct gi trong kho n nm 2012 mi bn, th c tnh vo GDP ca nm 2011, cn tin hoa hng i l bn hng c tnh vo 2012.

GDP l gi tr ca sn phm cui cng

GDP l tng ca phn gi tr gia tng (Value Added) t mu : 100 + 300 + 49700 = $50.000 Lp xe gi Cao su gi

Xe hi gi

$50.000
$49.700

$300
$200 $100 $300

$100
$100

GDP cng l gi tr ca sn phm cui cng


($50.000)

Cng ty Cao su

Cng ty Lp xe

Cng ty t

GDP l gi tr ca sn phm cui cng Nh vy, GDP ch bao gm sn phm cui cng (dng thnh phm), ch khng bao gm sn phm trung gian (dng nguyn liu), nhm trnh s trng lp khi 1 mt hng c tnh n 2 ln (avoids double counting). Sn phm trung gian (Intermediate goods) Sn phm u vo ca qu trnh sn xut to ra sn phm cui cng, v c s dng ht sau qu trnh . V d: Chip dng ch to in thoi, lp cao su sn xut xe hi, bt lm bnh, Sn phm cui cng (Final goods) Sn phm c ngi s dng cui cng (final buyer, ultimate consumer) mua dng, ch khng phi sn xut. V d: in thoi, Xe hi, Bnh ko,

Tnh ton GDP V d: Tnh GDP ca t nc NeverLand (ch sn xut 2 sn phm Bnh m v Sa)

Gi

S lng

Gi tr th trng (Market Value) 30900 = $27.000 100192 = $19.200

GDP

Bnh m Sa

$30 $100

900 192

$46.200

*GDP y cn c gi l GDP danh ngha (Xem cc phn tip theo hiu r hn)

Cch tnh GDP

31

Ni dung trn l mt phn trch trong Ebook: "T hc Kinh t v m bng hnh nh" Tp 1: Phn c bn (Tng quan ton cnh kinh t v m) Xem thm ti y: http://hockinhte.net

Tng sn phm quc dn (GNP)

33

GDP danh ngha v GDP thc t trn bo ch Tng sn phm quc dn (GNP)

GDP danh ngha

S khc nhau gia GDP v GNP GNP (Gross National Product) l Tng sn phm quc dn. GNP ca Vit Nam l tng thu nhp ca ngi Vit trong nc v nc ngoi (nation's citizens), nhng khng tnh thu nhp ca ngi nc ngoi ang Vit Nam (foreigners earn within the nation's boundaries are not included). Ca s Vit Nam Ca s M Tm i biu din Hoa K th c tnh vo : GNP ca Vit Nam GDP ca Hoa K Ca s nc ngoi Ban nhc Westlife (quc tch Ireland) n Vit Nam biu din th c tnh vo : GNP ca Ireland GDP ca Vit Nam

GNP = GDP + income earned by residents from overseas investments - income earned within the domestic economy by overseas residents.

GDP danh ngha vs GDP thc t

36

GDP danh ngha v GDP thc t trn bo ch

GDP danh ngha

GDP thc t

Tnh ton GDP danh ngha (Nominal GDP) v GDP thc t (Real GDP)

Nm 2011 bn c: S lng bnh m = 3 Gi 1 = 10.000


Nm

Nm 2012 bn c: S lng bnh m = 4 Gi 1 = 12.000

2011

2012 GDP danh ngha =

GDP danh ngha =

GDP thc t

GDP thc t

Tnh ton GDP danh ngha (Nominal GDP) v GDP thc t (Real GDP)

Nm 2011 bn c: S lng bnh m = 3 Gi 1 = 10.000


Nm

Nm 2012 bn c: S lng bnh m = 4 Gi 1 = 12.000

2011

2012 GDP danh ngha = 412.000 = 48.000 GDP danh ngha tnh theo gi hin ti (current price).

GDP danh ngha = 310.000 = 30.000

GDP thc t

= 310.000 = 30.000

GDP thc t

= 410.000 = 40.000

GDP thc t dng li gi c ca nm 2011 l 10.000 tnh. Kt lun: GDP danh ngha c tnh n yu t lm pht, cn GDP thc t th khng.

Phn bit GDP danh ngha (Nominal GDP) v GDP thc t (Real GDP) Nm 2011 2012 GDP thc t (Real GDP): L GDP tnh theo s lng ca nm nay, nhng gi c nh (constant prices) ca nm gc (nm trc). (captures only changes in quantity and is insensitive to the price level) Do vy cn gi l GDP theo gi so snh (prices of a base year).

GDP danh ngha (Nominal GDP): L GDP tnh theo s lng v gi hin hnh. (captures both changes in quantity and prices) Ngha l, sn phm ra i trong nm no th ly gi ti nm . Do vy cn gi l GDP theo gi hin hnh (current price).

GDP m chnh ph cng b (thng xut hin trn bo ch) l GDP danh ngha.

Tnh ton GDP danh ngha (Nominal GDP) v GDP thc t (Real GDP) Cu hi: Tnh GDP danh ngha v GDP thc t theo tng nm, ly nm 2006 lm mc (Base year).

2010 Gi Bnh m Sa $30 $100 S lng 900 192 Gi $31

2011 S lng 1.000 200 Gi $36

2012 S lng 1.050 205

$102

$100

Xem cu tr li trang sau

Tnh ton GDP danh ngha (Nominal GDP) v GDP thc t (Real GDP) Tr li:

2010 (Gc) Gi Bnh m Sa GDP danh ngha GDP thc t $30 $100 S lng 900 192 Gi $31

2011 S lng 1.000 200 Gi $36

2012 S lng 1.050 205

$102

$100

30900 + 100192 = $46.200 $46.200

$51.400 301000 + 100200 = $50.000

$58.300 301050 + 100205 = $52.000

Ch s gim pht GDP GDP deflator

43

Ni dung trn l mt phn trch trong Ebook: "T hc Kinh t v m bng hnh nh" Tp 1: Phn c bn (Tng quan ton cnh kinh t v m) Xem thm ti y: http://hockinhte.net

CFOViet

Chng 3

Ch s gi tiu dng (CPI) Consumer Price Index

CFOViet.com
45

CPI l g ?

Copyright CFOViet.com 46

Relax !

Khi tnh CPI, mt hng sau y nm trong mc Thc phm hay Giy dp ?

CPI trn bo ch CPI

CPI l g ? Ch s gi tiu dng CPI (Consumer Price Index) l ch s phn nh tng (%) ca gi c hng tiu dng v dch v (consumer goods and services), c dng lm thc o lm pht ca nn kinh t.

Tm s liu CPI ca Vit Nam u ?


CPI ca Vit Nam c tnh ton bi Tng cc thng k (General Statistics Office Of Vietnam - GSO)

www.gso.gov.vn

Download phng php tnh CPI ca GSO ti y: http://www.gso.gov.vn/default.aspx?tabid=459&idmid=6&ItemID=1874

4 yu t tc ng n CPI ca Vit Nam

Li sut CPI T gi

Tn dng

Hng ha

Mi quan h gia Ch s gi tiu dng CPI (lm pht) & Li sut ngn hng

30

Gia nhp WTO (2007)

Khng hong kinh t th gii (2008)

25

CPI (%) so vi cng k nm trc CPI (%) so vi thng trc Li sut ti chit khu Li sut ti cp vn

Tng trng tn dng cao (+37.5%)

Nng li sut

Sit tn dng

CPI bt u m

Nng t gi USD/VND (+9.3%) Tng gi in (+15.3%)

20

15

Li sut c bn

10

2006/1/1
-5

2007/1/1

2008/1/1

2009/1/1

2010/1/1

2011/1/1

2012/1/1

Tng trng tn dng v CPI

Tn dng (lng tin cho c nhn hoc t chc vay) Ngn hng Nh nc (NHNN) nng mc tng trng tn dng (%) s thc y cc Ngn hng Thng mi (NHTM) tch cc cho vay, bm thm nhiu tin ra v tnh lm tng lm pht v ri ro n xu. S liu di y gp phn l gii v sao lm pht tng t cui nm 2007 v 2009:

Vic tng t gi USD/VND v CPI

T gi USD/VND: Ngy 11.2.2011, NHNN tng mnh t gi USD/VND ln 9.3% vi mc ch bnh n t gi th trng ch en, v tnh kch thch lm pht tng mnh (do nhp nguyn vt liu vi t gi t hn, ko gi thnh phm ln).

S kin ny khin gii u t nc ngoi bt ng. IMF v Citigroup khuyn co Vit Nam phi hnh ng ngay cu vn tnh hnh. NHNN buc lng phi nng li sut (nhm hn ch cho vay) kim ch cn bo gi.

nh hng ca gi hng ha, nng lng n CPI

u nm 2012, lm pht gim cng mt phn l do gi xng du, lng thc, thc phm gim, ch cha hn l nh chnh sch kim ch. Ch cn pht sinh mt t thin tai, hn hn, hoc mt c sc v ngun cung s y gi ln tr li.

Ngun nh: VnEconomy

Tt Nguyn n v CPI

30

25

CPI (%) so vi cng k nm trc CPI (%) so vi thng trc Li sut ti chit khu Li sut ti cp vn

20

15

Li sut c bn

10

2006/1/1
-5

2007/1/1

2008/1/1

2009/1/1

2010/1/1

2011/1/1

2012/1/1

Nu s thy rng: CPI (so vi thng trc) lun tng vo u mi nm v y l thi im mua sm nhn nhp trc Tt Nguyn n.

S khc nhau gia CPI v Ch s gim pht GDP C 2 s khc bit quan trng gia 2 ch s ny lm chng khng ng nht vi nhau: CPI Phn nh gi c hng ha c mua bi ngi tiu dng. Ch s gim pht GDP Phn nh gi c hng ha c sn xut trong nc (produced domestically).

Ch s dng mt gi hng ha c nh, t cp nht thay i.

T ng thay i nhm hng ha v dch v theo thi gian khi kt cu ca GDP c cp nht thay i.

Yu t gy sai lch CPI CPI Sources of Bias

Copyright CFOViet.com 58

Ni dung trn l mt phn trch trong Ebook: "T hc Kinh t v m bng hnh nh" Tp 1: Phn c bn (Tng quan ton cnh kinh t v m) Xem thm ti y: http://hockinhte.net

CFOViet

Chng 4

Chu k kinh t Business cycle

CFOViet.com
60

Chu k kinh t l g ?

Copyright CFOViet.com 61

Tin tc v Chu k kinh t Chu k kinh t

Chu k kinh t (Business cycle) l g ?


L s bin ng ca GDP thc t (Real GDP per year) theo trnh t 3 pha ln lt l: 1.Suy thoi (Recession - contraction) 2.Phc hi (Recovery) 3.Hng thnh - Bng n (Growth - Expansion)

GDP thc t (Real GDP per year)

nh Peak

nh Peak

y Trough

Mt chu k (One Cycle)

Thi gian (Time)

c im ca cc pha trong Chu k kinh t (Business cycle)


Doanh nghip ang hot ng ht cng sut, t l tht nghip thp, ngi dn c thu nhp cao. Tng trng bt u chm li, chu k kinh t bt u bc vo giai on suy thoi. Hng bn chy, v t l tht nghip gim.

Sau khi chm y, iu kin kinh doanh bt u c ci thin

Mt s bng n khc c ti din, v cc pha bt u lp li.

GDP thc t (Real GDP per year)

nh Peak

Doanh s bn hng gim mnh, t l tht nghip bt u tng.

nh Peak

y Trough Mt chu k (One Cycle)

Thi gian (Time)

V sao chu k kinh t lun bin ng ln xung ?

If there are no ups and down in your life It means you are dead Kinh t vn hnh ging nhp p ca tim, phi c lc ln lc xung th mi sng c

Bn c bit ? T sau chin tranh th gii th II, cc chu k kinh t din ra theo quy lut: 2 nh (Peak) lin k cch nhau t 3-5 nm. Thi gian trung bnh ca pha hng thnh l 44,8 thng v ca pha suy thoi l 11 thng. i khng hong kinh t nm 1929 c pha suy thoi ko di nht: 43 thng t nm 1929 n 1933.
Khng hong du m 1973 Khng hong ti chnh chu 1997

Khng hong n Chu u & Khng hong chnh tr Trung ng Khng hong ti chnh (Lehman Shock) 2008

i khng hong 1929 Chin tranh th gii th nht 1914-1918

CFOViet.com

Chin tranh th gii th hai 1937-1945

Ngy th Hai en ti 1987

Bong bng cng ngh (dot com) 2000

Ni dung trn l mt phn trch trong Ebook: "T hc Kinh t v m bng hnh nh" Tp 1: Phn c bn (Tng quan ton cnh kinh t v m) Xem thm ti y: http://hockinhte.net

CFOViet

Chng 5

M hnh tng cu v tng cung AD-AS model

CFOViet.com
68

Tng cung & Tng cu trn bo ch Tng cu

Tng cung

M hnh tng cu v tng cung

ASLR AS

AD

M hnh AS-AD s tr li cho bn cc cu hi sau: Ci g gy ra bin ng kinh t trong ngn hn? Cc chnh sch kinh t c pht huy tc dng nh th no trong giai on khng hong (thu nhp gim v tht nghip tng) ?

Tng quan v M hnh tng cu v tng cung Mc gi Price Level ASLR AS

Tng cung AS Aggregate Supply

Tng cu AD Aggregate Demand


AD Tng sn lng Real GDP M hnh tng cu v tng cung (AD-AS model) c dng lm g ? M hnh ny c cc nh kinh t s dng phn tch v d on cc bin ng ngn hn ca nn kinh t, c th l: Tng trng ca GDP tim nng Bin ng ca sn lng v vic lm trong chu k kinh t Lm pht

i tng ca m hnh AS-AD: Tng bng tri


Phn ni: 2 bin s xut hin trn th: Trc tung: Mc gi chung (Price Level) tnh bng CPI hoc ch s iu chnh GDP (Bin danh ngha) Trc honh: Sn lng hng ho v dch v ca nn kinh t tnh bng GDP thc t (Real GDP) (Bin thc t)

ASLR AS AD

Phn chm: Yu t khng xut hin trn th Bin s: tht nghip, li sut, t gi hi oi. Cng c: chnh sch ca chnh ph nh chi tiu, thu v cung ng tin t. Khong thi gian: tm hiu nh hng ca cc chnh sch v phn tch bin ng trong ngn hn xung quanh xu hng di hn ca nn kinh t.

tht nghip li sut t gi hi oi chnh sch thu cung ng tin t

So snh ng Tng cu v ng tng cung Tng cu (AD, Aggregate Demand) Phn nh tng khi lng hng ha v dch v m cc h gia nh, doanh nghip v chnh ph mun mua. (Lng cu) Tng cung (AS, Aggregate Supply) Phn nh tng khi lng hng ha v dch v m doanh nghip mun cung ng cho nn kinh t. (Lng cung)

Mc gi Price Level

Mc gi Price Level

Tng cu AD Aggregate Demand

ASLR AS
Tng cung AS Aggregate Supply

AD

Tng sn lng Real GDP

Tng sn lng Real GDP

Cch nh chiu hng ca 2 ng tng cung v tng cu

ng Tng cung AS

ng Tng cu AD

Tng cu (AD) Aggregate Demand

Copyright CFOViet.com 75

Tng cu (AD, Aggregate Demand) Tng cu (AD) l tng khi lng hng ha v dch v (quantity of goods and services produced domestically) c to ra trong phm vi lnh th mt nc m cc ch th kinh t (h gia nh, doanh nghip, chnh ph) sn sng mua (willing to purchase).

Consumption
Tiu dng ca cc h gia nh

Investment
u t ca doanh nghip

AD

+ NX
Net export
Xut khu rng (=xut khu nhp khu)

Government spending
Chi tiu ca chnh ph

Tng cu (AD, Aggregate Demand)

ng tng cu (Aggregate Demand curve) c dng ng cho dc xung t tri sang phi (downward to the right)

Mc gi Price Level P1

ng Tng cu AD

P2

AD Y1 Y2 Tng sn lng Real GDP

Cu hi

V sao ng Tng cu c dng ng cho dc xung ?

V sao ng Tng cu c dng ng cho dc xung ? 1. Ban u hng ha c bn vi gi P1, tng ng vi tng sn lng Y1

Mc gi Price Level P1

Y1

Tng sn lng Real GDP

V sao ng Tng cu c dng ng cho dc xung ? 1. Ban u hng ha c bn vi gi P1, tng ng vi tng sn lng Y1 2. Sau , hng gim gi t P1 xung P2, khin cho lng cu tng thm

Mc gi Price Level P1

P2

Y1

Tng sn lng Real GDP

V sao ng Tng cu c dng ng cho dc xung ? 1. Ban u hng ha c bn vi gi P1, tng ng vi tng sn lng Y1 2. Sau , hng gim gi t P1 xung P2, khin cho lng cu tng thm 3. Lc ny tng sn lng cng tng tng ng t Y1 n Y2

Mc gi Price Level P1

P2

Y1

Y2

Tng sn lng Real GDP

V sao ng Tng cu c dng ng cho dc xung ? 1. Ban u hng ha c bn vi gi P1, tng ng vi tng sn lng Y1 2. Sau , hng gim gi t P1 xung P2, khin cho lng cu tng thm 3. Lc ny tng sn lng cng tng tng ng t Y1 n Y2 4. Ni cc im ny li s to ra ng tng cu

Mc gi Price Level P1

P2

Y1

Y2

Tng sn lng Real GDP

Cu hi

V sao khi mc gi (Price Level) st gim s lm tng lng cu v hng ho v dch v (Real GDP)?

Ni dung trn l mt phn trch trong Ebook: "T hc Kinh t v m bng hnh nh" Tp 1: Phn c bn (Tng quan ton cnh kinh t v m) Xem thm ti y: http://hockinhte.net

Lin h

Mi gy v bnh lun cho Ebook ny xin vui lng gi v cho CFOViet theo a ch: cfoviet@gmail.com ng k nhn ti liu ca CFOViet ti y: http://cfoviet.com

Deliver useful, valuable information. Always.

You might also like