The Impact of Transaction Cost on Barter Economy ——A Case That Walrasian Equilibrium Can t Hold;

In Hunan, products abound and economic trade has had a long history.

This thesis discusses the basic issue on the subject of trade economy from both western economic theory and Marxist economics.

Monetary Economy and Aggregate Relations——the Similarity Between Marx Economics and Keynes Economics;

Since 1970s,there have appeared quite a few contemporary models of monetary economy with micro foundation,of which money-in-the-utility function model,cash-in-advance model,overlapping generation model,search model of money and new classical model of money are very popular.

Different from existing research about Chinese economy stylized facts,in this paper,we summarize the general characters in Chinese monetary economy,focusing the main monetary variables and compare them with the counterparts of the United States.

Consequently, the funds resources are distributed between the entity economy and currency economy, which increase.

Thus macroscopic variab le in the currency economy has nothing to do with technology,which is determine d by currency variable showing capitalist economic relation and currency credit relation.