Scope_of_the_Final_Exam

Scope_of_the_Final_Exam - Econ 200, Autumn 2008,...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Econ 200, Autumn 2008, Instructor: Darren Weng, Final Time: 12/9, Tuesday, 7:30-9:18. Scope of the Final Exam (a total of 45 multiple choice questions) Note: The distribution of the questions would be as follows: Chapter 1-7, 9, 10, 13: approximately a total of 15 questions Chapter 14, 15, 16: approximately 10 questions from each of these three chapters. -Ch.1 Ten Principles of Economics Review all of the ten principles. You could be asked to interpret any one of them. -Ch. 2 Think Like an Economist Circular-Flow Diagram PPF (interpret the graph) Opportunity cost calculation -Ch. 3 Gains from Trade Identify comparative/absolute advantages from a table or from a graph Identify and calculate gains from trade for two parties -Ch. 4 Supply and Demand Factors that affect supply and demand Shortage/surplus and the concept of market equilibrium Supply/demand shifters and describe equilibrium price/quantity changes -Ch. 5 Elasticity Determinants of elasticity
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/28/2010 for the course ECON 200 taught by Professor Newton during the Fall '08 term at Ohio State.

Page1 / 2

Scope_of_the_Final_Exam - Econ 200, Autumn 2008,...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online