Liu Shucheng is a famous Chinese economist who has a major impact on the study of China's macroeconomics and quantitative economics. Selecting some of Liu's representative studies on Chinese macroeconomy, this book will be a valuable reference for understanding and studying Chinese economy.

The first five papers appear in the author's collected works for the first time. They mainly study the overall balance of Chinese macroeconomic operation and the relative economic mathematical models. The commodity-currency balance sheet improved the earliest input-output model introduced to China in the 1980s, and the author's frontier research is of great importance for Chinese economic study. In attempting to solve the problems caused by incontrollable fixed assets investment, the author examines the periodicity of fixed assets investment in China, including the characteristics, causes, and the impact of investment periodic fluctuation on economic periodic fluctuation. Besides, the author studies Phillips curves in China in a comprehensive and intensive way. These in-depth analysis provide original insights based on the author's extensive research.

chapter 4|9 pages

Applied research of the macro-econometric model 1

Analysis and manipulation of some important parameters

chapter 7|9 pages

Re-study on the periodicity of fixed assets investment in China

An analysis of its stages

chapter 8|18 pages

The third study on the periodicity of fixed assets investment in China

A historical analysis of each cycle

chapter 9|13 pages

Impact of investment periodical fluctuation on economic periodical fluctuation

A further study on the periodicity of fixed assets investment in China

chapter 11|22 pages

On the Phillips curve in China

chapter 13|4 pages

The “New Economy” in America

Deformation of the Phillips curve and its implications

chapter 15|20 pages

On sound and fast development