| Stock market plays an increasingly important role in economic movement with the increasing proportion of total stock market value in GDP. The movement and change of stock market will have widespread impact on politics, economics, finance and even the whole society for its sensitive and extensive touch of every nerve ending of national economy. Therefore, stock market is closely linked with macro economic movement and the realization of economic policy target. Government should not only monitor and mange the market failure problem caused by natural monopoly and information asymmetry, but also exercise regulation and control on stock market with the purpose of maintaining market stability and helping realize its macro economic policy target through stock market.The dissertation aims to analyze the relationship between economic policy target and stock market as well as various of stock market phenomena by applying western economics principles guided by Marxist-Leninism, Mao Tsetung Thought and Deng Xiaoping Theory. At the same time, on the basis of relevant case study and data collection, the article takes a positivism research methodology towards stock market using widely adopted statistics software SPSS.The main innovation of the dissertation lies in its calculation of stock market bubble coefficient and its creative application of undulation coefficient theory in physics to forecasting the fluctuation of stock market. On this basis, the article sets up short-term and middle and long-term stock market bubble risk monitoring system which fills up a research area not yet covered by domestic researches in this area.In addition, the essay offers the author's own opinion on economic movement and government's regulation and control strategies towards stock market over the past few years. The article also expresses the author's opinion on how to establish operation mechanism which will coordinate stock market movement and macro economic movement.The dissertation falls into seven chapters, which can be summarized as four parts according to their intrinsic relationship.Part One Includes Chapter 1, Chapter 2 and Chapter 3. This part aims to illustrate the relationship between economic policy target and stock market through positivism research.Chapter 1 Provides brief illustration of the relationship between economicpolicy target and stock market.Chapter 2 Offers research on the impact mechanism of stock market towards economic growth using Marxism theory and western economic theories. Chapter 2 also aims to prove the close relationship between stock market and economic growth through positivism research.Chapter 3 Analyzes interrelation between stock market and inflation, employment and international balance through positivism research.Part Two Namely Chapter 4. Taking government inference with stock market in different countries and regions as examples, Part Two explains the necessity of government's regulation and control over macro economic because of the existence of market failure. Likewise, due to the existence of stock market failure, it's inevitable that government should exercise regulation and control on stock market specially in those emerging stock market.Part Three Comprises Chapter 5 and Chapter 6., this part builds short-term, middle and long term stock market bubble risk monitoring systems on the basis of extensive research of stock market regulation and control strategies using positivism research methodology.Chapter 5 Focuses on the objective, ways of stock market regulation, the impact mechanism of various regulation methods as well as the verification of these researches positivism methods.Chapter 6 Establishes short-term and middle and long term stock market bubble risk monitoring system in light of the research achievements of foreign stock market bubbles and on the basis of positivism research of China's stock market data from 1994-2002. Also put forwards corresponding stock market regulation strategies.Part Four Namely Chapter 7. From the viewpoint of t...
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