Yuan Zhigang, president of the School of Economics, Fudan University and visiting professor at London University.
    This collection of papers focuses on the equilibrium and disequilibrium economy. The author describes research on the disequilibrium economy and its application in analysis of China’s macro economy. It discusses the relationship between the transformation of China’s economy and state-owned enterprises, the problems faced by China’s macro economy since industrialization and urbanization. It also depicts growth and fluctuation in the macro economy; consumption, savings and the fluctuation of the real estate market; employment, unemployment and social security, and the significance of innovation, education and intellectual economy on China’s economy sustainable growth.