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Handout 1b – Mathematic Diagnostic
EC 100
The following handout is a diagnostic test of the mathematic skills needed for Economics 100
and 101.
Please complete the handout sometime this week.
You can then check your answers
with the key that will be posted this weekend.
If you get more than 5 wrong, I strongly suggest
that you read the appendix for Chapter 1.
1.
2*12 + 4
=
2.
What % of 30 is 6?
3.
How much is 25% of 4?
4.
If the price increases 50% from $10, how much is it?
5.
Suppose that the price index increases from 50 to 55.
What is the growth rate or percentage
change in the price index?
6.
Suppose that the price index increases from 70 to 75.
What is the growth rate or percentage
change in the price index?
7.
What is 1/2 divided by 1/4?
8.
X
=
6X 2, what is X?
9.
X
=
(1/2)X + 6, what is X?
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 Fall '07
 Kasilwal
 Economics, Macroeconomics

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