Questions

"And according to you, what is the main aggregate?"

"The main aggregate is the gross domestic product which is used to measure growth in the economy."

"Professor Lin was a little surprised by Alexander reaction, so he asked another question.

"If, for example, an economy spends more than it produces, what does that mean to you?"

"Professor Lin, you want equations or you want me to give you a simplified explanation."

"Both"

"Ok. So You can says:

I=(Y - C) + ( M - X) = Domestic savings + external savings (current account deficit)"

"In other words, this means that external savings must come to finance part of the investments."

In fact, these things are not too difficult for me who play very often with large sums of money. In the economy if he does not know at least these basics, how can we make investments that bring profits.

"Not bad, your reaction speed is very fast. "

He only casually mentioned the content in class, but he actually remembered it.

The others were also a little surprised, because this was without thinking?

"Last question, but it's for your brother. Tell me a bit about the jobs-resources balance?"

" It is simply resources that design the goods and services that are made available to economic agents. In other words, it is the observed equality between the total resources of an economy and the jobs lasting a year."

Professor Lin's eyes were filled with joy. There are some great student in this class. He had not said this in class and was prepared to say the main points in the next class. He did not expect him to say it as well. It could be seen that he had read the book before the class.

"Your answer is correct. Sit down. Your answer is very good too Alexander with many details. I hope that the other students can be like these two brothers and the other people that answer my questions. Before class, they can preview their textbooks.

Even if they don't preview, they can at least listen carefully in class. This class of ours is not easy to pass. There are too many basic knowledge and the exam will not be too simple. But I can tell you that as long as you listen carefully in class, the exam will not be too big of a problem. "

Professor Lin would not ask them to understand everything, but he definitely had to understand the basics.

The two-semester basic course was completely prepared for the future courses. If they didn't learn the basics well, it would be very difficult later on, and they might not be able to graduate.

In the first semester, he didn't want more than one-third of the students he taught to fail. However, he really couldn't go easy on this subject.

He remembered that there was a problem in the last semester, which was that nearly one-third of the students failed the course. At that time, it did alarm other departments and principals, and it also caused the principal to come to the class several times. When he found that there was no problem, nothing happened The school would give a certain recommendation to the students when they chose the economy, because this course was indeed quite difficult.

Even if there were more things to remember, there were still many basic knowledge. Once these were not solid.. The difficulty of learning it could be imagined. It just so happened that the freshmen of each batch were more lazy. There would always be more failing courses than other departments.

Before the class ended, professor Lin exhorted.

"Compared to all of you who are currently in this course, you have been reminded. This course can be said to be one of the top three difficult courses in the entire school. Since you have chosen it, you must treat it seriously. I need a class representative to help me collect homework or something. Alexander are you willing to be the class representative?"

"Okay, I'm willing to be the class representative. "

Hebcouldn't refuse being called out like this. Moreover, the class representative in the university was different from the high school and junior high school class representatives. There were really few things to do. At most, they would collect homework and bring it to the office or help organize the information.

After deciding on the class representative, Professor Lin dismissed the class and took his things and slowly left. Some students took the initiative to talk to the teacher, wanting to ask about this class.

I looked at the class schedule. The next class would also be in this classroom. She did not need to leave. The next class was quite an interesting class.

Everyone was a new student. They came from different places and had different personalities. Some of them were also people in this classroom. They would look around to see who would continue the next class.

The girls all sat in the back. From their performance just now, they realized that those handsome boys was really amazing. If they sat next to them, they would have someone to help them when they were called up to answer questions.

"My name is Lu Anqui, and I just met her. Her name is Li Min. The first class is the same, and the second class is the same. It seems like fate has brought us together."

Lu Anqui smiled. Nobody answered her except Mu Chen.

That's good. "

"It is good. Can I take a look at your class schedule? See if there are any other similar classes."