Econ 2316 Microeconomic Theory
Alan White
MIDTERM #1
Tuesday, February 14, 2012
INSTRUCTIONS:
Please answer all questions in the booklets provided.
Write your name clearly on each booklet you use.
Questions carry different marks. Parts within each ques
Econ 2316 Microeconomic Theory
HOMEWORK SET #2
(Due Tuesday, January 31, 2012)
Name:
_
Please print this sheet and staple it in front of your answer set. Homework is due at
the beginning of class
(Do not write your answers on this sheet.)
1
HOMEWORK SET #
Econ 2316 Microeconomic Theory
HOMEWORK SET #3
(Due Tuesday, February 7, 2012)
Name:
_
Please print this sheet and staple it in front of your answer set. Homework is due at
the beginning of class (on Tuesday, February 7)
(Do not write your answers on this
Microeconomic Theory
Friday February 1, 2013
Theory of Firm look at production technology, costs of firm and cost minimization
techniques that firm use to be cost efficient, profit maximization is the goal of private
firms, and market structure( level an
Econ 2316 Microeconomic Theory
HOMEWORK SET #1
(Due Friday, January 20, 2012)
Name:
_
Please print this sheet and staple it in front of your answer set. Homework is due at
the beginning of class
(Do not write your answers on this sheet.)
1
HOMEWORK SET #1
Econ 2316 Microeconomic Theory
HOMEWORK SET #4
(Due Tuesday, February 24, 2012)
Name:
_
Please print this sheet and staple it in front of your answer set. Homework is due at
the beginning of class (on Tuesday, February 24)
(Do not write your answers on th
1
Spring 2015, ECON2316 First Homework.
Homework answers must be typed by a word processing software, but diagrams can be handdrawn.
Diagrams should not be simply copied from the lecture notes.
The homework is due February 18 and First midterm will be giv
Econ 2316 Microeconomic Theory
HOMEWORK SET #5
(Due Friday, March 16, 2012)
Name:
_
Please print this sheet and staple it in front of your answer set. Homework is due at
the beginning of class (on Friday, March 16) or leave it in my mailbox before class
(
Econ 2316 Microeconomic Theory
HOMEWORK SET #6
(Due Tuesday April 10, 2012)
Name:
_
Please print this sheet and staple it in front of your answer set. Homework is due at
the beginning of class (on Tuesday, April 10) or leave it in my mailbox before class
NORTHEASTERN UNIVERSITY
Department of Economics
ECON 2316-01
Microeconomic Theory
Prof. Konan
Homework # 6
Due date: Thursday, August 3, 2017 by 11:59pm
TOTAL: 50 points
1. Sketch the short-run TC, VC, FC, ATC, AVC, AFC, and MC curves for the production
f
NORTHEASTERN UNIVERSITY
Department of Economics
ECON 2316-01
Microeconomic Theory
Prof. Konan
Homework # 5
Due date: Wednesday, August 2, 2017 by 11:59pm
TOTAL: 40 points
1. Graph the short-run total product curves for each of the following production
fun
Chapter 8 Notes:
1) Production Function: The Relationship between inputs and outputs, it describes how inputs are
transformed into outputs.
Q=f(K,L): Where K is the quantity of Capital and L is the quantity of Labor. Note that Production
Technologies are
Class notes:
Chapter 5: Applications of Rational Consumer Choice and Demand Theories
Defined as: the use of theory to analyze policy questions. Example: Gasoline Tax and Income Rebate: The
government wanted to decrease gas consumption, and provide a tax i
NORTHEASTERN UNIVERSITY
Department of Economics
ECON 2316-01
Microeconomic Theory
Prof. Konan
Homework # 4
Due date: Tuesday, August 1, 2017 by 11:59pm
TOTAL: 40 points
1. Larry demands strawberries according to the schedule P=8Q , where P is the
price of
NORTHEASTERN UNIVERSITY
Department of Economics
ECON 2316-01
Microeconomic Theory
Prof. Konan
Homework # 3
Due date: Monday, July 31, 2017 by 11:59pm
TOTAL: 40 points
1. What price maximizes total expenditure along the demand curve:
Show your work.
P=9 03
Chapter 10
PERFECT COMPETITION
Boiling Down Chapter 10
The perfect competition model predicts many trends that occur in economic activity
all around us. As in all models, it simplifies the world by making useful assumptions. The
key assumptions are:
1. Th
Chapter 9
COSTS
Boiling Down Chapter 9
The reason we spent so much time in the last chapter trying to identify the relationship
between inputs and outputs is that inputs represent the cost of producing a given output.
As in the case of production inputs,
QUESTIONS
1. The price of long-distance telephone service fell from 40 cents per minute in 1996 to 22 cents per
minute in 1999, a 45% (18 cents/40 cents) decrease. The Consumer Price Index increased by 10% over
this period. What happened to the real price
,
,
| 2008-05-16 17:12
VXZ:
Value of function
Variable
Vector
Velocity
Vertical asymptote
Volume
X-axis x
x-coordinate x
x-intercept x
Zero vector
Zeros of a polynomial
T:
Tangent function
Tangent line
Tangent plane
Tangent vector
Total di
Problem Session I
April 4th, 2014
Reference: Parkin, Introduction to economics, 2011
1. The rm that printed your Introduction to economics textbook bought
the paper from XYZ Paper Mills. Was this purchase of paper part of
GDP? If not, how does the value o
SOCIOL 110 Fall 2015
Study Guide
Fair Game from first half of course:
* Indicates an exceptionally high likelihood of being on the exam
Weeks 1-5
Roughly 25% of the exam will be taken from the first half of the course. The class voted to drop the
Stratifi