The paper tries to put exchange rate pricing into the framework of whole macro economy and conducts general equilibrium research. The paper puts forward and constructs the General Equilibrium Sticky Exchange Rate Pricing Model(ESEPM) by using Keynes' classic theory as the macroeconomic framework, profit maximization of manufacturers as microeconomic foundation, strict mathematical deduction as logic link, Dornbusch's sticky price as ideological guideline, differential impact form of Purchasing Power Parity ...