PAF 3102 Economic Analysis of Public Policy
Problem Set #2
You are encouraged to work with other class members on this problem set, but
each person must write up their answers separately.
Answer in words and graphs. Please type yo
Thursday, February 2, 2017
o Ex of hypothesis = cut taxes increases GDP
o Correlation doesnt mean causation
o statistical inference = take data from sample and jump into conclusion about population
o disciplined data analysis = take data, what obser
Undergraduate Group Project #1
Assessing Income and Education Using BLS Data (Part 1)
- Presentation = POINTS: 10/100
a. Select BSL Longitudinal Survey Data
1. AC > A
3. CA >A!
4. C > D
6. BC > C
DB > C
BC > D
C? > D
1.Choose the statement about real business cycle theory that is incorrect.
A.The impulse in RBC theory is the growth rate of productivity that results from technological
B.The impulse in RBC theory is generated mainly by the process of research an
Sun 3/19 to Sat 3/25 Consumer choices [Ch.21]
Note: This chapter is very different from what we have done so far.
You will learn how to model consumption/saving/labor choices and
this is a bit abstract. You may not see the relationship immedi
Midterm 1 Review
Eco 1001 - Spring 2017
March 8, 2017
The article "Thinking as a Hobby," William Golding classifies thinkers
into three categories. Analyzing everyone is a very interesting hobby for
Golding. When classifying these p
SAMPLE Midterm Questions
On the scan-tron sheet provided, please use a #2 pencil to identify the letter of the choice that
best completes the statement or answers the question.
ECO 1001 Principles of Microeconomics | Fall 2016 | Henry
Question 1 [20 points]
Soapy, Inc. and Suddies, Inc. are the only producers of powdered detergent. They collude and agree to
share the market equally.
If neither firm cheats on t
1. Externalities - Definition and examples
An externality arises when a firm or person engages in an activity that affects the
wellbeing of a third party, yet neither pays nor receives any compensation for that effect.
If the impact on th
Eco 4000, Prof. Piskula
Quiz 2 Practice
Actual Quiz 9/30/16
1. Following the form in the Stock and Watson textbook (Appendix 2.1, derivation of equation
2.31), write the expression for var(aX+bY) that makes use of the definition of variance and the
Mawosuw EDT) VAL/WE 7
Second Manual Regression Worksheet
First, a reminder for those using an Appleoperating system version of excel. .It is worth b
searching via the excel search function for Analysis Toolpakt (note the spelling). You may e
Due: Monday 10-17-2016, 11:59 pm.
Submit the word document and spreadsheet on Blackboard.
Ann would like to buy a house.
It costs $1,000,000.
She will make an $80,000 down payment.
She will take out a mortgage for $920,000.
It will be a 30 year, fully amo
Zicklin School of Business
RES3200: ARMs and REFI
Due: 10-14-2016 at 11:59 pm
1. Round all final dollar amounts to the nearest cent and dont enter the dollar sign.
E.g. if the answer is $1,022.912, enter it as 1,02
Practice Problems for Midterm 1
Multiple Choice Questions
The probability of an outcome
is the number of times that the outcome occurs in the long run.
equals M N, where M is the number of occurrences and N is the population size.
1. Determinants of the price elasticity of demand
Consider some determinants of the price elasticity of demand:
A good with many close substitutes is likely to have relatively elastic demand, since consumers can easily
choose to purchase one of the c
outcome x prob
Cond Exp of S
Cond Exp of S x prob
Independent or conditional, why?
conditional, joints do not m
BARUCH COLLEGE, CITY UNIVERSITY OF NEW YORK
ZICKLIN SCHOOL OF BUSINESS
Principles of Microeconomics
Instructor: Miriam Tsymuk
2:30 pm 3:45 pm
Room No. VC 12-155