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微观经济学中英文术语及其解释

微观经济学中英文术语及其解释
微观经济学中英文术语及其解释

Scarcity the limited nature of society?s resources

Economics the study of how society manages its scarce resources

Efficiency the property of society getting the most it can from its scarce resources

Equity the property of distributing economic prosperity fairly among the members of society Opportunity cost whatever must be given up to obtain some item

Marginal changes small incremental adjustments to a plan of action

Market economy an economy that allocates resources through the decentralized decisions of many firms and households as they interact in markets for goods and services

Market failure a s/tuition in which a market left on its own fails to allocate resources efficiently Externality the impact of one person?s actions on the well-being of a bystander

Market power the ability of a single economic actor (or small group of actors) to have a substantial influence on market prices

Productivity the quantity of goods and services produced from each hour of a worker?s time Inflation an increase in the overall level of prices in the economy

Philips curve a curve that shows the short-run tradeoff between inflation and unemployment Business cycle fluctuations in economic activity,such as employment and produaion

Circular-flow diagram a visual model of the economy that shows how dollars flow through markets among households and firms

Production possibilities frontier a graph that shows the combinations of output that the economy can possibly produce given the available factors of production and the available production technology

Positive statements claims that attempt to do describe the world as it is

Normative statements claims that attempt to prescribe how the world should be

Absolute advantage the comparison among producers of a good according to their productivity Opportunity cost whatever must be given up to obtain some item

Comparative advantage the comparison among producers of a good according to their opportunity cost

Imports goods produced abroad and sold domestically

Exports goods produced domestically and sold abroad

Market a group of buyers and sellers of a particular good or service

Competitive market a market in which there are many buyers and many sellers so that each has a negligible impact on the market price

Quantity demanded the amount of a good that buyers are willing and able to-purchase

Law of demand the claim that, other things equal, the quantity demanded of a good falls when the price of the good rises

Demand schedule a table that shows the relationship between the price of a good and-the quantity demanded

Demand curve a graph of the relationship between the price of a good and the quantity demanded Normal good a good for which, other things equal, an increase in income leads to an increase in demand

Inferior good a good for which, other things equal, an increase in income leads …to a decrease in demand

Substitutes two goods for which an increase in the price of one leads to an increase in the demand for the other

Complements two goods for which an increase in the price of one leads to a decrease in the demand for the other

Quantity supplied the amount of a good that sellers are willing and able to sell

Law of supply the claim that, other things equal, the quantity supplied of a good rises when the price of the good rises

Supply schedule a table that shows the relationship between the price of a good and the quantity supplied

Supply curve a graph of the relationship between the price of a good and the quantity supplied Equilibrium a situation in which the price has reached the level where quantity supplied equals quantity demanded

Equilibrium price the price that balances quantity supplied and quantity demanded

Equilibrium quantity the quantity supplied and the quantity demanded at the equilibrium price Surplus a situation in which quantity supplied is greater than quantity demanded

Shortage a situation in which quantity demanded is greater than quantity supplied

Laws of supply and demand the claim that the price of any good adjusts to bring the quantity supplied and the quantity demanded for that good into balance

Elasticity a measure of the responsiveness of quantity demanded or quantity supplied to one of its determinants

Price elasticity of demand a measure of how much the quantity demanded of a good responds to a change in the price of that good, computed as the e percentage change in quantity demanded divided by the percentage change in price

Income elasticity of demand a measure of how much the quantity demanded of a good responds to a change in consumers? income, computed as the percentage change tn quantity demanded divided by the percentage change in income

Cross-price elasticity of demand a measure of how much the quantity demanded of one good respond to a change in the price of another good, computed as the percentage change m quantity demanded of the first good divided by the percentage change in the price of the second good Price elasticity of supply a measure of how much the quantity supplied of a good responds to a change in the price of that good, computed as the percentage change in quantity supplied divided by the percentage change in price

Price ceiling a legal maximum on the price at which a good can be sold

Price floor a legal minimum on the price at which a good can be sold

Tax incidence the manner in which the burden of a tax is shared among participants in a market Welfare economics the study of how the allocation of resources affects economic well-being Willingness to pay the maximum amount that a buyer will pay for a good

Consumer surplus a buyer?s willingness to pay minus the amount the buyer actually pays

Cost the value of everything a seller must give up to produce a good

Producer surplus the amount a seller is paid for a good minus the seller?s cost

Efficiency the property of a resource allocation of maximizing the total surplus received by all members of society

Equity the fairness of the distribution of well-being among the members of society

Deadweight loss the fall in total surplus that results from a market distortion, such as a tax World price the price of a good that prevails in the world market for that good

Tariff a tax on goods produced abroad and sold domestically

Import quota a limit on the quantity of a good that can be produced abroad and sold domestically Externality the uncompensated impact of one person?s actions on the well-being of a bystander Internalizing an externality altering incentives so that people take account of the external effects of their actions

Coase theorem the proposition that if private parties can bargain without cost over the allocation of resources, they can solve the problem of externalities on their own

Transaction costs the costs that parties incur in the process of agreeing and following through on a bargain

Pigovian tax a tax enacted to correct the effects of a negative externality

Excludability the property of a good whereby a person can be prevented from using it

Rivalry the property of a good whereby one person?s use diminishes other people?s use

Private goods goods that are both excludable and rival

Public goods goods that are neither excludable nor rival

Common resources goods that are rival but not excludable

Free rider a person who receives the benefit of a good but avoids paying for it

Cost-benefit analysis a study that compares the costs and benefits to society of providing a public good

Tragedy of the Commons a parable that illustrates why common resources get used more than is desirable from the standpoint of society as a whole

Budget surplus an excess of government receipts over government spending

Budget deficit an excess of government spending over government receipts

Average tax rate total taxes paid divided by total income

Marginal tax rate the extra taxes paid on an additional dollar of income

Lump-sum tax a tax that is the same amount for every person

Benefits principle the idea that people should pay taxes based on the benefits they receive from government services

Ability-to-pay principle the idea that taxes? should be levied on a person according to how well that person can shoulder the burden

Vertical equity the idea that taxpayers with a greater ability to pay taxes should pay larger amounts Horizontal equity the idea that taxpayers with similar abilities to pay taxes should pay the same amount

Proportional tax a tax for which high-income and low-income taxpayers pay the same fraction of income

Regressive tax a tax for which high-income taxpayers pay a smaller fraction of their income than do low-income taxpayers

Progressive tax a tax for which high-income taxpayers pay a larger fraction of their income than do low-income taxpayers

Total revenue the amount a firm receives for the sale of its output

Total cost the market value of the inputs a firm uses in production

Profit total revenue minus total cost

Explicit costs input costs that require an outlay of money by the firm

Implicit costs input costs that do not require an outlay of money by the firm

Economic profit total revenue minus total cost, including both explicit and implicit costs Accounting profit total revenue minus total explicit cost

Production function the relationship between quantity of inputs used to make a good and the quantity of output of the good

Marginal product the increase in output that arises from an additional unit of input

Diminishing marginal product the property whereby the marginal product of an input declines as the quantity of the input increases

Fixed costs costs that do not vary with the quantity of output produced

Variable costs costs that do vary with the quantity of output produced

Average total cost total cost divided by the quantity of output

Average fixed cost fixed costs divided by the quantity of output

Average variable cost variable costs divided by the quantity of output

Marginal cost the increase in total cost that arises from an extra unit of production

Efficient scale the quantity of output that minimizes average total cost

Economies of scale the property whereby long-run average total cost falls as the quantity of output increases

Diseconomies of scale the property whereby long-run average total cost rises as the quantity of output increases

Constant returns to scale the property whereby long-run average total cost stays the same as the quantity of output changes

Competitive market a market with many buyers and sellers trading identical products so that each buyer and setter is a price taker

Average revenue total revenue divided by the quantity sold

Marginal revenue the change in total revenue from an additional unit sold

Sunk cost a cost that has already been committed and cannot be recovered

Monopoly a firm that is the sole seller of a product without close substitutes

Natural monopoly a monopoly that arises because a single firm can supply a good or service to an entire market at a smaller cost than could two or more firms

Price discrimination the business practice of selling the same good at different prices to different customers

Oligopoly a market structure in which only a few settlers offer similar or identical products Monopolistic competition a market structure in which many firms sell products that are similar but not identical

Collusion an agreement among firms in a market about quantities to produce or prices to charge Cartel a group of firms acting in unison

Nash equilibrium a situation in which economic actors interacting with one another each choose their best strategy given the strategies that a/l the other actors have chosen

Game theory the study of how people behave in strategic situations

Prisoners? dilemma a particular “game? between two captured prisoners that illustrates why cooperation is difficult to maintain even when it is mutually beneficial

Dominant strategy a strategy that is best for a player in a game regardless of the strategies chosen by the other players

Monopolistic competition a market structure in which many firms sell products that are similar but not identical

Factors of production the inputs used? to produce goods and services

Production function the relationship between the quantity of inputs used to make a good and the

quantity of output of that good

Marginal product of labor the increase in the amount of output from an additional unit of labor Diminishing marginal product the property whereby the marginal product of an input declines as the quantity of the input increases

Value of the marginal product the marginal product of an input times the price of the output Capital the equipment and structures used to produce goods and services

Compensating differential a difference in wages that arises to offset the nonmonetary characteristics of different jobs

Human capital the accumulation of investments in people, such as education and on-the-job training

Union a worker association that bargains with employers over wages and working conditions Strike the organized withdrawal of labor from a firm by union

Efficiency wages above-equilibrium wages paid by firms in order to increase worker productivity Discrimination the offering of different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics

Poverty rate the percentage of the population whose family income falls below an absolute level called the poverty line

Poverty line an absolute level of income set by the federal government for each family size below which a family is deemed to be in poverty

In-kind transfers transfers to the poor given in the form of goods and services-rather than cash Life cycle the regular pattern of income variation over a person?s life

Permanent income a person?s normal income

Utilitarianism the political philosophy according to which the government should choose policies to maximize the total utility of everyone in society

Utility a measure of happiness or satisfaction

Liberalism the political philosophy according to which the government should choose policies deemed to be just, as evaluated by an impartial observer behind a “veil of ignorance??

Maximin criterion the claim that the government should aim to maximize the well-being of the worst-off person in society

Libertarianism the political philosophy according to which the government should punish crimes and enforce voluntary agreements but not redistribute income

Welfare government programs that supplement the incomes of the needy

Negative income tax a tax system that collects revenue from high-income households and gives transfers to tow-income households

Budget constraint the limit on the consumption bundles that a consumer can afford Indifference curve a curve that shows consumption bundles that give the consumer the same level of satisfaction

Marginal rate of substitution the rate at which a consumer is willing to trade one good for another Perfect substitutes two goods with straight-line indifference curves

Perfect complements two goods with right-angle indifference curves

Normal good a good for which an increase in income raises the quantity demanded

Inferior good a good for which an increase in income reduces the quantity demanded

Income effect the change in consumption that results when a price change moves the consumer to a higher or lower indifference curve

Substitution effect the change in consumption that results when a price change moves indifference curve to a point with new marginal rate of substitution

Giffen good a good tor which an increase in the price raises the quantity demanded

Moral hazard the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable behavior

Agent a person who is performing an act for another person, called the principal

Principal a person for whom another person, called the agent, is performing some act

Adverse selection the tendency for the mix of unobserved attributes to become undesirable from the standpoint of an uninformed party

Signaling an action taken by an informed party to reveal private information to an uninformed party

Screening an action taken by an uninformed party to induce an informed party to reveal information

Condorcet paradox the failure of majority rule to produce transitive preferences for society Arrow?s impossibility theorem a mathematical result showing that, under certain assumed conditions, there is no scheme for aggregating individual preferences into a valid set of social preferences

Ability-to-Pay principle (税收的)能力支付原则the idea that taxes should be levied on a person according to how well that person can shoulder the burden

Absolute advantage绝对优势the comparison among producers of a good according to their productivity

Accounting profit会计利润total revenue minus total explicit cost

Adverse selection逆向选择the tendency for the mix of unobserved attributes to become undesirable from the standpoint of an uninformed party

Agent代理人 a person who is performing an act for another person, called the principal

Arrow ?s impossibility theorem阿罗不可能定理a mathematical result showing that, under certain assumed conditions, there is no scheme for aggregating individual preferences into a valid set of social preferences

Average fixed cost平均固定成本fixed costs divided by the quantity of output

Average revenue平均收益total revenue divided by the quantity sold

Average tax rate平均税率total taxes paid divided by total income

Average total cost平均总成本total cost divided by the quantity of output

Average variable cost平均可变成本variable costs divided by the quantity of output

Benefits principle受益原则the idea that people should pay taxes based on the benefits they receive from government services

Budget constraint预算约束the limit on the consumption bundles that a consumer can afford Budget deficit预算赤字an excess of government spending over government receipts

Budget surplus预算盈余an excess of government receipts over government spending Business cycle经济周期fluctuations in economic activity, such as employment and production Capital资产the equipment and structures used to produce goods and services

Cartel卡特尔a group of firms acting in unison

Circular-flow diagram循环流向图 a visual model of the economy that shows how dollars flow through markets among households and firms

Coase theorem科斯定理the proposition that if private parties can bargain without cost over

the allocation of resources, they can solve the problem of externalities on their own

Collusion共谋an agreement among firms in a market about quantities to produce or prices to charge

Common resources共源goods that are rival but not excludable

Comparative advantage比较优势the comparison among producers of a good according to their opportunity cost

Compensating differential补偿性工资差别 a difference in wages that arises to offset the nonmonetary characteristics of different jobs

Competitive market竞争性市场 a market with many buyers and sellers trading identical products so that each buyer and seller is a price taker

Complements互补性商品two goods for which an increase in the price of one leads to a decrease in the demand for the other

Condorcet paradox孔多塞悖论(投票悖论)the failure of majority rule to produce transitive preferences for society

Constant returns to scale规模报酬不变the property whereby long-run average total cost stays the same as the quantity of output changes

Consumer surplus消费者剩余 a buyer?s willingness to pay minus the amount the buyer actually pays

Cost成本the value of everything a seller must give up to produce a good

Cost-benefit analysis成本收益分析 a study that compares the costs and benefits to society of providing a public good

Cross-price elasticity of demand需求的交叉价格弹性 a measure of how much the quantity demanded of one good responds to a change in the price of another good, computed as the percentage change in quantity demanded of the first good divided by the percentage change in the price of the second good

Deadweight loss无谓损失the fall in total surplus that results from a market distortion, such as a tax

Demand curve需求曲线 a graph of the relationship between the price of a good and the quantity demanded

Demand schedule需求表 a table that shows the relationship between the price of a good and the quantity demanded

Diminishing marginal product边际产品递减the property whereby the marginal product of an input declines.As the quantity of the input increases

Discrimination歧视the offering of different opportunities to similar individuals who differ only by race, ethnic group, sex, age, or other personal characteristics

Diseconomies of scale规模不经济the property whereby long-run average total cost rises as the quantity of output increases

Dominant strategy占优策略 a strategy that is best for a player in a game regardless of the strategies chosen by the other players

Economic profit经济利润total revenue minus total cost, including both explicit and implicit costs

Economics经济学the study of how society manages its scarce resources

Economies of scale规模经济the property whereby long-run average total cost falls as the quantity of output increases

Efficiency效率the property of society getting the most it can from its scarce resources Efficiency wages效率工资above-equilibrium wages paid by firms in order to increase worker productivity

Efficient scale有效规模the quantity of output that minimizes average total cost

Elasticity弹性 a measure of the responsiveness of quantity demanded or quantity supplied to one of its determinants

Equilibrium均衡 a situation in which the price has reached the level where quantity supplied equals quantity demanded

Equilibrium price均衡价格the price that balances quantity supplied and quantity demanded Equilibrium quantity均衡数量the quantity supplied and the quantity demanded at the equilibrium price

Equity平等the property of distributing economic prosperity fairly among the members of society

Excludability排他性the property of a good whereby a person can be prevented from using it Explicit costs显性成本input costs that require an outlay of money by the firm

Exports出口goods produced domestically and sold abroad

Externality外部性the uncompensated impact of one person?s actions on the wellbeing of a bystander

Factors of production生产要素the inputs used to produce goods and services

Fixed casts固定成本costs that do not vary with the quantity of output produced

Free rider免费搭车者 a person who receives the benefit of a good but avoids paying for it Game theory博弈论the study of how people behave in strategic situations

Giffen good吉芬商品 a good for which an increase in the price raises the quantity demanded Horizontal equity横向公平the idea that taxpayers with similar abilities to pay taxes should pay the same amount

Human capital人力资本the accumulation of investments in people, such as education and

on-the-job training

Implicit costs隐性成本input costs that do not require an outlay of money by the firm

Import quota进口配额 a limit on the quantity of a good that can be produced abroad and sold domestically

Imports进口goods produced abroad and sold domestically

Income effect收入效应the change in consumption that results when a price change moves the consumer to a higher or lower indifference curve

Income elasticity of demand需求的收入弹性 a measure of how much the quantity demanded of a good responds to a change in consumers? income, computed as the percentage change in quantity demanded divided by the percentage change in income

Indifference curve无差异曲线 a curve that shows consumption bundles that give the consumer the same level of satisfaction

Inferior good低档物品 a good for which, other things equal, an increase in income leads to a decrease in demand

Inflation通货膨胀an increase in the overall level of prices in the economy

In-kind transfers实物转移支付transfers to the poor given in the form of goods and services rather than cash

Internalizing an externality外部性的内在化altering incentives so that people take account of

the external effects of their actions

Law of demand需求定理the claim that, other things equal, the quantity demanded of a good falls when the price of the good rises

Law of supply and demand需求与供给定理the claim that the price of any good adjusts to bring the quantity supplied and the quantity demanded for that good into balance

Liberalism自由主义the political philosophy according to which the government should choose policies deemed to be just, as evaluated by an impartial observer behind a “veil of ignorance”

Libertarianism自由至上主义the political philosophy according to which the government should punish crimes and enforce voluntary agreements but not redistribute income

Life cycle生命周期the regular pattern of income variation over a person?s life

Lump-sum tax定额税 a tax that is the same amount for every person

Macroeconomics宏观经济学the study of economy-wide phenomena, including inflation, unemployment, and economic growth

Marginal changes边际变动small incremental adjustments to a plan of action

Marginal cost边际成本the increase in total cost that arises from an extra unit of production Marginal product边际产品the increase in output that arises from an additional unit of input Marginal product of labor劳动的边际产品the increase in the amount of output from an additional unit of labor

Marginal rate of substitution边际替代率the rate at which a consumer is willing to trade one good for another

Marginal revenue边际收益the change in total revenue from an additional unit sold

Marginal tax rate边际税率the extra taxes paid on an additional dollar of income

Market市场 a group of buyers and sellers of a particular good or service

Market economy市场经济an economy that allocates resources through the decentralized decisions of many firms and households as they interact in markets for goods and services Market failure市场失灵 a situation in which a market left on its own fails to allocate resources efficiently

Market power市场势力the ability of a single economic actor (or small group of actors) to have a substantial influence on market prices

Maximin criterion极大极小准则the claim that the government should aim to maximize the well-being of the worst-off person in society

Median voter theorem中位选举人定理 a mathematical result showing that if voters are choosing a point along a line and each voter wants the point closest to his most preferred point, then majority rule will pick the most preferred point of the median voter

Microeconomics微观经济学the study of how households and firms make decisions and how they interact in markets

Monopolistic competition垄断竞争 a market structure in which many firms sell products that are similar but not identical

Monopoly垄断 a firm that is the sole seller of a product without close substitutes

Moral hazard道德风险the tendency of a person who is imperfectly monitored to engage in dishonest or otherwise undesirable behavior

Nash equilibrium纳什均衡 a situation in which economic actors interacting with one another each choose their best strategy given the strategies that all the other actors have chosen

Natural monopoly自然垄断 a monopoly that arises because a single firm can supply a good or service to an entire market at a smaller cost than could two or more firms

Negative income tax负所得税 a tax system that collects revenue from high-income households and gives transfers to low-income households

Normal good正常商品 a good for which, other things equal, an increase in income leads to an increase in demand

Normative statements规范性表述claims that attempt to prescribe how the world should be Oligopoly寡头 a market structure in which only a few sellers offer similar or identical products

Opportunity cost机会成本whatever must be given up to obtain some item

Perfect complements完全互补品two goods with right-angle indifference curves

Perfect substitutes完全替代品two goods with straight-line indifference curves

Permanent income持久性收入 a person?s normal income

Phillips curve菲利普斯曲线 a curve that shows the short-run tradeoff between inflation and unemployment

Pigovian tax庇古税 a tax enacted to correct the effects of a negative externality

Positive statements实证表述claims that attempt to describe the world as it is

Poverty line贫困线an absolute level of income set by the federal government for each family size below which a family is deemed to be in poverty

Poverty rate贫困率the percentage of the population whose family income falls below an absolute level called the …poverty line

Price ceiling价格天花板(上限) a legal maximum on the price at which a good can be sold Price discrimination价格歧视the business practice of selling the same good at different prices to different customers

Price elasticity of demand需求的价格弹性 a measure of how much the quantity demanded of a good responds to a change in the price of that good, computed as the percentage change in quantity demanded divided by the percentage change in price

Price elasticity supply供给的价格弹性 a measure of how much the quantity supplied of a good responds to a change in the price of that good, computed as the percentage change in quantity supplied divided by the percentage change in price

Price floor价格地板I下限) a legal minimum on the price at which a good can be sold Principal委托人 a person for whom another person, called the agent, is performing some act Prisoners? dilemma囚徒困境 a particular “game” between two captured prisoners that illustrates why cooperation is difficult to maintain even when it is mutually beneficial

Private goods私人物品goods that are both excludable and rival

Producer surplus生产者剩余the amount a seller is paid for a good minus the seller?s cost Production function生产函数the relationship between quantity of inputs used to make a good and the quantity of output of that good

Production possibilities frontier生产可能性曲线 a graph that shows the combinations of output that the economy can possibly produce given the available factors of production and the available production technology

Productivity生产率the quantity of goods and services produced from each hour of a worker?s time

Profit利润total revenue minus total cost

Progressive tax累进税 a tax for which high-income taxpayers pay a larger fraction of their income than do low-income taxpayers

Proportional tax比例税 a tax for which high-income and low-income taxpayers pay the same fraction of income

Public goods公共产品goods that are neither excludable nor rival

Quantity demanded需求数量the amount of a good that buyers are willing and able to purchase Quantity supplied供给数量the amount of a good that sellers are willing and able to sell Regressive tax累退税 a tax for which high-income taxpayers pay a smaller fraction of their income than do low-income taxpayers

Rivalry竞争the property of a good whereby one person?s use diminishes other people?s use Scarcity稀缺性the limited nature of society?s resources

Screening筛选an action taken by an uninformed party to induce an informed party to reveal information

Shortage短缺 a situation in which quantity demanded is greater than quantity supplied Signaling信号显示an action taken by an informed party to reveal private information to an uninformed party

Strike罢工the organized withdrawal of labor from a firm by a union

Substitutes替代品two goods for which an increase in the price of one leads to an increase in the demand for the other

Substitution effect替代效应the change in consumption that results when a price change moves the consumer along a given indifference curve to a point with a new marginal rate of substitution Sunk cost沉淀成本 a cost that has already been committed and cannot be recovered

Supply curve供给曲线 a graph of the relationship between the price of a good and the quantity supplied

Supply schedule供给表 a table that shows the relationship between the price of a good and the quantity supplied

Surplus过剩 a situation in which quantity supplied is greater than quantity demanded

Tariff关税 a tax on goods produced abroad and sold domestically

Tax incidence税收归宿the manner in which the burden of a tax is shared among participants in a market

Total cost总成本the market value of the inputs a firm uses in production

Total revenue (for a firm)总收益the amount a firm receives for the sale of its output

Total revenue (in a market)总收益the amount paid by buyers and received by sellers of a good, computed as the price of the good times the quantity sold

Tragedy of the Commons公共地的悲剧a parable that illustrates why common resources get used more than is desirable from the standpoint of society as a whole

Transaction costs交易成本the costs that parties incur in the process of agreeing and following through on a bargain

Union工会 a worker association that bargains with employers over wages and working conditions

Utilitarianism功利主义the political philosophy according to which the government should choose policies to maximize the total utility of everyone in society

Utility效用 a measure of happiness or satisfaction

Value of the marginal product边际产品价值the marginal product of an input times the price of

the output

Variable costs可变成本costs that vary with the quantity of output produced

Vertical equity纵向公平the idea that taxpayers with a greater ability to pay taxes should pay larger amounts

Welfare福利government programs that supplement the incomes of the needy

Welfare economics福利经济学the study of how the allocation of resources affects economic well-being

Willingness to pay支付意愿the maximum amount that a buyer will pay for a good

World price世界价格the price of a good that prevails in the world market for that good

名词解释

一名词解释 1派生需求:是指对生产要素的需求,意味着它是由对该要素参与生产的产品的需求派生出来的,又称“引致需求”。 2劳动的边际成本:使用一单位量劳动力所耗费的成本。即工资 3使用劳动要素的原则:是利润最大化目标在劳动使用上的具体体现,也就是使边际成本等于相应的边际收益。 4竞争性劳动力市场:产品和要素市场上供求的双方人数都很多,产品要素之间没有区别,产品和要素的供求双方都具有完全的信息并且可以充分自由的流动。 5劳动的边际产品价值:增加额外一单位劳动要素的投入所带来的收益。 6替代效应:劳动使用量从LA降低到LB,资本使用量从KA上升到KB,即企业用资本代替了劳动。 7派生需求定理:影响劳动力需求自身工资弹性的因素被归纳为四条:①最终产品的需求价格弹性。②要素替代的难易度。③其他生产要素的供给弹性。④产品总成本中劳动力成本所占的比重。 8互补性生产要素:当生产要素A的价格下降,数量增加时,对生产要素B的需求上升,则称生产要素A与生产要素B是互补。 9劳动力:人的劳动能力,是人的体力和脑力的总和。 10劳动力参与率:该比率表示现实人力资源的相对量,亦即等于劳动力人口占被考察范围总人口的百分比。 11交叉替代弹性:一种商品的需求量变动对另一种商品价格变动的反应程度。 12失业的统计概念: 13摩擦性失业:一般指在较短时间内,人们由于各种原因,诸如怀孕和工作上的变更等而失去工作,包括由于季节性因素造成的失业。 14结构性失业:尽管劳动市场有职位空缺,但人们因为没有所需的技能,结果继续失业,也就是由于劳动力的供给和需求不匹配而造成的失业。 15周期性失业:劳动总需求不足而引起的短期非自愿失业,它表现为实际的总需求低于充分就业的水平,一般出现在经济周期的萧条阶段。 二简答题 1什么是派生需求? 2影响劳动需求的因素?①技术对劳动需求的影响②时间长短③企业目标④社会制度安排3试比较短期劳动需求和长期劳动需求的异同?(1)长期劳动需求曲线与短期劳动需求一样也是向右下方倾斜。 (2)工资率的变动对劳动需求的长期调整要大于短期调整,即企业的长期劳动需求曲线比短期劳动需求曲线更平坦。原因在于企业有足够的时间调整资本使用量。 (3)在短期内只有劳动要素是可变的,资本和其他要素是不变的。企业被假定是产品和要素市场的利润最大化追求者,即增加一单位劳动的使用所带来的边际收益和边际成本必须相等。对于长期的分析,我们发现企应对劳动价格上升不仅可以通过调整其使用劳动数量的方式,而且可以通过调整其资本存量的方式以作出反应。短期的更为陡峭,换句话说,长期劳动需求曲线具有更大的弹性。 4影响劳动力供给因素?①自然因素:1人口规模对劳动供给的影响 2人口的自然结构对劳动供给的影响 3劳动者个人的身体条件是影响劳动力供给的另一个自然因素②经济因素:1劳动者的工作偏好对劳动供给的影响 2经济周期波动对劳动供给的影响③社会制度因素:1.劳动制度2工资制度

《微观经济学》名词解释

《微观经济学》名词解释 1、需求:指消费者在一定时期内在各种可能价格水平下愿意且能够购买的该商品的数量。 2、需求函数:表示一种商品的需求量和影响该需求数量的各种因素之间的相互关系。 3、需求表:表示某种商品的各种价格水平和与各种价格水平相对应的需求数量之间关系的数字序列表。 4.需求规律:指商品价格提高,对该商品的需求量减少,反之,商品价格下降,则对该商品的需求量增加,这种需求数量和商品价格成反方向变化的关系称需求规律或需求定理。 5.供给规律:指商品价格提高,对该商品的供给量增加,反之,商品价格下降,则对该商品的供给量减少,这种供给数量和商品价格成同方向变化的关系称供给规律或供给定理。 6、供求定理:在其他条件不变的情况下,需求变动引起均衡价格和均衡数量的同方向变动;供给变动引起均衡价格的反方向变动,引起均衡数量的同方向变动。 7、均衡价格:指一种商品需求价格和供给价格相等,同时需求量和供给量相等的价格,是由需求曲线和供给曲线的交点决定的。 8、经济模型:指用来描述所研究的经济事物的有关经济变量之间相互关系的理论结构。 9、动态分析:研究不同时点商的变量之间的相互关系,根据这种动态模型作出的分析。 10、需求的价格弹性:指在一定时期内一种商品的需求量变动对于该商品的价格变动的反应程度。 11、需求的交叉价格弹性:指在一定时期内一种商品的需求量变动对于它的相关商品的价格变动的反应程度。 12、需求的收入弹性:指在一定时期内消费者对某种商品的需求量的变动对于消费者收入量变动的反应程度。

13、限制价格:亦称最高价格,是指政府对某些商品规定最高上限,防止价格过高,控制通货膨胀。 14、支持价格:亦称最低价格,是指政府对某些商品规定价格的下限,防止价格过低,以示对该商品生产的支持。 15、蛛网理论:指用弹性理论考察价格波动对下一周期生产的影响及由此产生的均衡变动情况,是一种动态分析。按照这种理论绘制出来的供求曲线图,形状近似蛛网,故名为“蛛网理论”。 16、发散型蛛网:当供给弹性的绝对值大于需求弹性绝对值的条件下,价格和产量波动越来越大,离开均衡点越来越远,称为发散型蛛网。 17、封闭型蛛网:当供给弹性的绝对值等于需求弹性的绝对值的条件下,价格和产量波动始终按同一幅度进行,称为封闭型蛛网。 18、收敛型蛛网:当供给弹性的绝对值小于需求弹性绝对值的条件下,价格和产量的波动越来越小,最后恢复均衡,称为收敛型蛛网。 19、效用:指商品满足人的欲望和需要的能力和程度。 20、基数效用:指按1、2、3…基数来衡量效用的大小,是一种按绝对数衡量效用的方法。 21、序数效用:指按第一、第二和第三…序数来反映效用的序数或等级,是一种按偏好程度进行排序的方法。 22、总效用:指消费者在一定时间内,消费一种或几种商品所获得的效用总和。 23、边际效用:指消费者在一定时间内增加单位商品消费所引起的总效用增加量。 24、边际效应递减规律:在一定时间内,在其他商品的消费数量保持不变的条件下,随着消费者对某种商品消费量的增加,消费者从该商品连续增加的每一消费单位中所得到的效应增量即边际效应是递减的。(原因:边际效应递减规律成立的原因,可以是由于随着相同消费品连续增加,从人的生理和心理角度讲,从每一单位消费品中所感受到的满足程度和对重复刺激的反应程度都是递减的。还可以是由于在一种商品具有集中用途时,消费者总是将第一单位的消费品用在最重要的用途上,第二单位的消费品用在次重要的用途上,如此等等。这样消费品的边际效应便随着消费品的用途重要性的下降而递减。)

微观经济学名词解释和中英文对照

【经济人】 从事经济活动的人所采取的经济行为都是力图以自己的最小经济代价去获得自己的最大经济利益。 【需求】 消费者在一定时期内在各种可能的价格水平愿意而且能够购买的该商品的数量。 【供给】 生产者在一定时期内在各种价格水平下愿意并且能够提供出售的该种商品的数量。 【均衡价格】。 一种商品的均衡价格是指该种商品的市场需求量和市场供给量相等时的价格。 【供求定理】。 其他条件不变的情况下,需求变动分别引起均衡价格和均衡数量的同方向的变动,供给变动引起均衡价格的反方向变动,引起均衡数量的同方向变动。 【经济模型】。 经济模型是指用来描述所研究的经济事物的有关经济变量之间相关关系的理论结构。 【弹性】 当一个经济变量发生1%的变动时,由它引起的另一个经济变量变动的百分比。 【弧弹性】 表示某商品需求曲线上两点之间的需求量的变动对于价格的变动的反应程度。 【点弹性】 表示需求曲线上某一点上的需求量变动对于价格变动的反应程度。 【需求的价格弹性】 表示在一定时期内一种商品的需求量变动对于该商品的价格变动的反应程度。或者说,表示在一定时期内当一种商品的价格变化百分之一时所引起的该商品的需求量变化的百分比。【需求的交叉价格弹性】。 表示在一定时期内一种商品的需求量的变动相对于它的相关商品的价格变动的反应程度。或者说,表示在一定时期内当一种商品的价格变化百分之一时所引起的另一种商品的需求量变化百分比。 【替代品】 如果两种商品之间能够相互替代以满足消费者的某一种欲望,则称这两种商品之间存在着替代关系,这两种商品互为替代品。 【需求的收入弹性】 需求的收入弹性表示在一定时期内消费者对某种商品的需求量变动对于消费者收入量变动的反应程度。或者说,表示在一定时期内当消费者的收入变化百分之一时所引起的商品需求量变化的百分比。 【恩格尔定律】。 在一个家庭或在一个国家中,食物支出在收入中所占的比例随着收入的增加而减少。用弹性的概念来表述它则可以是:对于一个家庭或一个国家来说,富裕程度越高,则食物支出的收入弹性就越小;反之,则越大。 【总效用和边际效用】 总效用是指消费者在一定时间内从一定数量的商品的消费中所得到的效用量的总和。边际效用是指消费者在一定时间内增加一单位商品的消费所得到的效用量的增量。 【边际效用递减规律】 在一定时间内,在其他商品的消费数量保持不变的情况下,随着消费者对某种商品消费的增

中级微观经济学作业及答案

中级微观经济学第一次作业答案 1、假设政府对一个每月收入400美元的贫困家庭进行补贴。有三种方案:第一,允许该家庭购买400美元的食品券,单位美元食品券的价格为;第二,政府直接发给该家庭200美元的食品券补贴;第三,政府直接发给该家庭200美元的货币补贴。画出三种方案下该家庭的预算线,解释该家庭的最优选择,并分析三种方案的优劣。 解: 如上图所示,横轴表示花费在食品上的货币数量,纵轴表示花费在其他商品上的货币量,初始预算线为CD。 第一种补贴方案下,该家庭可以用200美元购买400美元的食品券,因此预算线变为折线CE1B,最优选择为E1点,效用水平为U1; 第二种补贴方案下,政府直接发放给该家庭200美元食品券补贴,因此预算线变为CE2B,最优选择为E2点,效用水平为U2; 第三种补贴方案下,政府直接发放给该家庭200美元的货币补贴,因此预算线直接平移到AB,最优选择为E3点,效用水平为U3。 综上所述,因为U3>U2>U1,所以对于该家庭而言,第三种方案最好,第二种方案次之,第一种方案最差。 2、请画出以下各位消费者对两种商品(咖啡和热茶)的无差异曲线。 (1)消费者A喜欢喝咖啡,对喝热茶无所谓; (2)消费者B喜欢1杯热茶和1杯咖啡一起喝; (3)消费者C认为,在任何情况下,1杯热茶和2杯咖啡是无差异的;

(4)消费者D 喜欢喝咖啡,讨厌喝热茶。 解:(1) (2) (4) 3、写出下列情形的效用函数,画出无差异曲线,并在给定价格(p1,p2 )和收入(m )的情形下求最优解。 (1)x1=一元纸币,x2=五元纸币。 (2)x1=一杯咖啡,x2=一勺糖, 消费者喜欢在每杯咖啡加两勺糖。 ()12121,min ,2u x x x x ??=????, 1122m x p p = +,21222m x p p =+ 解:(1)当p1/p2>时,x1=0, x2=m/p2; 当p1/p2=时, 当p1/p2<时,x1=m/p1, x2=0 (2) 解得:, 4、假设某消费者的效用函数为: 试问:给定商品1和商品2 的价格为和,如果该消费者的收入足够高,则收入的变化是否会导致该消费者对商品1的消费,并解释原因。 解:该消费者追求效用最大化,则有:

微观经济学名词解释

微观经济复习资料 第一章引论 欲望:指人们的各种需求或需要的总和 稀缺性:相对于人的多方面的、无穷的欲望而言,资本和经济物品是相对不足的 选择:研究如何利用现有的资源去生产“经济物品”来更有效地满足人类的欲望 机会成本:当把一定的资源用来生产某种产品时所放弃的别种产品的最大产量(产值),这就是这种产品的机会成本 生产可能性曲线:用来说明和描述在一定的资源和技术条件下可能达到的最大的产量组合曲线,可以用来进行各种生产组合的选择 边际分析法:利用边际概念对经济行为和经济变量进行数量分析的方法 均衡分析法:对研究的问题所涉及的诸经济变量(因素),假定自变量是不变的或已知的,然后分析当因变量达到均衡状态时会出现的情况及所需要具备的条件,即均衡条件 局部均衡:指某一时间、某一市场的某种商品(或生产要素)的价格或供求量所达到的均衡,是一个市场的均衡 一般均衡论:研究整个经济体系的价格和产量结构如何实现均衡的一种经济理论,也称为总均衡分析过程分析方法:将经济运动过程划分为连续的分析“期间”,以便考察有关经济变量在相继的各个期间

的变化情况的分析方法。所以,过程分析又称“期间分析”或“序列分析” 静态分析法:分析经济现象在某一时点的均衡状态以及有关的经济变量达到均衡状态所具备的条件,它完全抽象掉了时间因素和具体的变化过程,是一种静止地、孤立地考察某种经济事物的 方法 比较静态分析法:分析在已知条件发生变化以后经济现象的均衡状态的相应变化,以及有关的经济变量在达到均衡状态时的相应变化,即对经济现象有关变量一次变动(而不是连续变动)的 前后进行比较。比较静态分析不考虑经济变化过程中所包含的时间阻滞 动态分析法:对经济变动的实际过程所进行的分析,其中包括分析有关变量在一定时间过程中的变动,这些经济变量在变动过程中的相互影响和彼此制约的关系,以及它们在每一个时点上变动 的速率等等。考虑时间因素的影响,并把经济现象的变化当作一个连续的过程来看待 实证分析方法:在分析经济问题和建立经济理论时,撇开对社会经济活动的价值判断,只研究经济活动中各种经济现象之间的相互联系,在作出与经济行为有关的假定前提下,分析和预测人 们经济行为的后果。 规范分析方法:以一定的价值判断作为出发点和基础,提出行为标准,并以此作为处理经济问题和制定经济政策的依据,探讨如何才能符合这些标准的分析和研究方法 欢迎下载 2

微观经济学 名词解释和中英文对照

【经济人】 从事经济活动得人所采取得经济行为都就是力图以自己得最小经济代价去获得自己得最大经济利益。 【需求】 消费者在一定时期内在各种可能得价格水平愿意而且能够购买得该商品得数量。 【供给】 生产者在一定时期内在各种价格水平下愿意并且能够提供出售得该种商品得数量。 【均衡价格】。 一种商品得均衡价格就是指该种商品得市场需求量与市场供给量相等时得价格。 【供求定理】。 其她条件不变得情况下,需求变动分别引起均衡价格与均衡数量得同方向得变动,供给变动引起均衡价格得反方向变动,引起均衡数量得同方向变动。 【经济模型】。 经济模型就是指用来描述所研究得经济事物得有关经济变量之间相关关系得理论结构。【弹性】 当一个经济变量发生1%得变动时,由它引起得另一个经济变量变动得百分比。 【弧弹性】 表示某商品需求曲线上两点之间得需求量得变动对于价格得变动得反应程度。 【点弹性】 表示需求曲线上某一点上得需求量变动对于价格变动得反应程度。 【需求得价格弹性】 表示在一定时期内一种商品得需求量变动对于该商品得价格变动得反应程度。或者说,表示在一定时期内当一种商品得价格变化百分之一时所引起得该商品得需求量变化得百分比。【需求得交叉价格弹性】。 表示在一定时期内一种商品得需求量得变动相对于它得相关商品得价格变动得反应程度。或者说,表示在一定时期内当一种商品得价格变化百分之一时所引起得另一种商品得需求量变化百分比。 【替代品】 如果两种商品之间能够相互替代以满足消费者得某一种欲望,则称这两种商品之间存在着替代关系,这两种商品互为替代品。 【需求得收入弹性】 需求得收入弹性表示在一定时期内消费者对某种商品得需求量变动对于消费者收入量变动得反应程度。或者说,表示在一定时期内当消费者得收入变化百分之一时所引起得商品需求量变化得百分比。 【恩格尔定律】。 在一个家庭或在一个国家中,食物支出在收入中所占得比例随着收入得增加而减少。用弹性得概念来表述它则可以就是:对于一个家庭或一个国家来说,富裕程度越高,则食物支出得收入弹性就越小;反之,则越大。 【总效用与边际效用】 总效用就是指消费者在一定时间内从一定数量得商品得消费中所得到得效用量得总与。边际效用就是指消费者在一定时间内增加一单位商品得消费所得到得效用量得增量。 【边际效用递减规律】 在一定时间内,在其她商品得消费数量保持不变得情况下,随着消费者对某种商品消费得增加,消费者从该商品连续增加得每一消费单位中所得到得效用增量即边际效用就是递减得。

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微观经济学名词解释

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微观经济学中各个字母缩写对应的中英文意思 Company number:【WTUT-WT88Y-W8BBGB-BWYTT-19998】

P:价格Price Q:数量Number D:需求Demand S供给Supply E:均衡(或期望)Equilibrium 效用Utility TU:Total utility总效用 MU:Marginal utility边际效用 CS: Consumer surplus消费者剩余 MRS:商品的边际替代率Marginal rate of substitution L:劳动力Labor TP:总产量 AP:平均产量 MP:边际产量 MRTS:边际技术替代率 STC:短期总成本土地( Land)成本(Capital) 边际效用( Marginal utility)利润(Profit)长期(Long run)TFC:总不变成本Total fixed cost TVC:总可变成本Total variable cost TC:总成本Total cost AFC:平均不变成本Average fixed cost AVC:平均可变成本Average variable cost) AC:平均总成本Average total cost 平均成本(Average cost) MC:边际成本Marginal cost LTC:长期总成本Long run total cost LAC:长期平均成本Long run average cost SAC:短期平均成本Short run average cost LMC:长期边际成本Long run marginal cost SMC:短期边际成本Short run marginal cost TR:总收益Total revenue AR:平均收益Average revenue MR:边际收益Marginal revenue

中级微观经济学 第一次作业题

《中级微观经济学》 第一次作业 提交作业时间:2015年4月13日上课前 请各位同学抱着认真的态度,独立完成作业! 第一部分:预算约束与无差异曲线 1、消费者消费两种商品(x1,x2),如果花同样多的钱可以买(4,6)或(12, 2),写出预算线的表达式。 2、描述中国粮价改革. (1)假设没有任何市场干预,中国的粮价为每斤0.4元,每人收入为100元。把粮食消费量计为x,在其它商品上的开支为y,写出预算线,并画图。 (2)假设每人得到30斤粮票,可以凭票以0.2元的价格买粮食,再写预算约束,画图。(3)假设取消粮票,补贴每人6元钱,写预算约束并画图。 3、画出一元纸币(x1)和五元纸币(x2)的无差异曲线,计算边际替代率。 4、两种商品中,假定商品1为中性商品,即消费多少不会使消费者更高兴或者更不高兴,商品2为消费者喜欢的商品(good),画出无差异曲线,计算边际替代率 5、画出一下效用函数的无差异曲线: a) U(x,y)=min{2x,3y} ;b) U(x,y)=max{x,2y};c) U(x,y)=3x+y d) U(x,y)=?xy; e) U(x,y)=lnx+lny 注意以上x,y>0。

第二部分:消费者选择问题 1、孙悟空想给师傅买点蔬菜,他有60元,豆芽3元/斤,土豆5元/斤。请画出孙悟空的预算集?若师傅不想吃白菜,师傅的效用函数是U(.)=d12t12,其中d代表豆芽量,t代表土豆量。悟空该怎么买菜? 第三部分:价格效应分解 2、假设市场有x和y两种商品,某消费者的效用函数为U(x,y)=xy。 (a)假设(x1,yy1)为无差异曲线上的一点,求过该点的无差异曲线的斜率(边际替代率)。 (b)假设消费者的收入为400元,x的单价为1元钱,yy的单价也为1元钱。消费者将购 买多少单位的x和yy? (c)假设收入和yy的单价不变,但x的单价提至4元钱。此时消费者会购买多少单位的x和yy?(d)假设x的单价提至4元钱时,消费者的收入有所增加,使他刚好可以回到原先的无差 异曲线上。此时消费者会购买多少单位的x和yy?(注:采用希克斯补偿) (e)在(d)中,x的单价提至4元钱所导致的对x的消费量的变化,多少可以归结为替代效 应,多少可以归结为收入效应? (f)将替代效应和收入效应在图上表示出来。

微观经济学名词解释

1、微观经济学(Microeconomic s) 微观经济学是经济 学的一部分,它分析 像消费者?厂商和 资源所有者这些个 体的经济行为(宏观 经济学与之相反,它 分析像国内总产品 这样的经济总体行为) 2、需求:消费者在 一定时期内在各种 可能的价格水平下 愿意而且能够购买 的该商品的数量。 3、供给:生产者在

一定时期内在各种可能的价格水平下愿意而且能够出售的该种商品的数量。 4、均衡价格:均衡的最一般意义是指经济事物中有关的变量在一定条件下的相互作用下所达到的一种相对静止的状态。均衡价格是指该种商品的市场需求量和市场供给量相等时候的价格。

5、消费者剩余:消费者在购买一定数量的某种商品时愿意支付的总数量和实际支付的总数量之间的差额。 6、生产者剩余:生产者剩余指厂商在提供一定数量的某种产品时实际接受的总支付和愿意接受的最小总支付之间的差额。 7、需求的价格弹性:表示在一定时期内一种商品需求

量变动对于该商品的价格变动的反应程度。 8、需求的收入弹性:表示在一定时期内消费者对某种商品的需求量的变动对于消费者收入两变动的反应程度。 9、需求的交叉弹性:表示在一定时期内一种商品的需求量的变动对于它的相关商品的价格的变动的反应程

度。是该商品的需求量的变动率和它的相关商品的价格的变动率的比值。 10、供给的价格弹性:表示在一定时期内一种商品的供给量的变动对于该商品的价格的变动的反应程度。11、效用:指商品满足人的欲望的能力,或者说,效用是指消费者在消费商品时所感受到的满足程度。

12、基数效用论:基数效用论者认为,效用如同长度、重量等概念一样,可以具体衡量并加总求和,具体的效用量之间的比较是有意义的。13、序数效用论:认为效用的大小是无法具体衡量的,效用之间的比较只能通过顺序或登记来表示。 14、边际效用递减规律:在一定的时

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【财务管理知识】电大宏微观经济学名词解释 xxxx年xx月xx日xxxxxxxx集团企业有限公司 Please enter your company's name and contentv

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