Thompson Tran
1/30/2014
ECN 313
Assignment 2
1.a) The consumers optimal choice of consumption and leisure are c = l = 3.89
c + wl = hw + pi T
c +.75l = .75(16) + .8 6
diagram
c +.75l = 6.8
l +.75l = 6
Homework #2 Answers
ECON 310
20 points possible
All answers should be a complete as you can make them. This means
that if you think a simple expression or graph will aid in your answer, then
you shoul
1
Problem Set 1
This problem set is due on September 17, before lecture. No late homework will be accepted.
I. Math Refresher (extra credit, 5pts)
1) Prove that percentage change in (Y /P ) = percenta
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ECN 436: International Trade Theory
Fall 2016
Professor Manjira Datta
Office: CPCOM 435K; email: [email protected]; phone: 4809656433
Office Hours: Tuesdays 1:302:30pm and by appointment (plea
wows :4 0/15 s
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Important questions on a twoperiod model of consumption/savings decision
1. What is the main tradeoff in the agents consumption/saving decision?
2. Write down the consumers budget constraints for ev
Part I: The representative firms choice
1. Which assumptions do we make about the properties of the firms technology?
What do these assumptions imply about the graphical properties of the production
f
Introduction to Labor Supply
Labor facts
o Men: labor force participation rates declined from
80% in 1900 to 72% in 2009.
o Women: labor force participation rates rose from
21% in 1900 to 59% in 2009
Review of Basic Concepts
Mathematical Expectation
The population mean of a variable is called its mathematical
expectation, or just expectation for short.
For the expectation of variable Y, we write
Dr. Kent Hill
Dept. of Economics CPCOM 460A
Office Hours: MW 2:003:00pm
TTh 10:0011:00am
ECN 438
Spring 2017
Phone: 4809655001
EMail: [email protected]
International Macroeconomics
This is a cour
ECN 438
Spring 2017
Review Sheet for First Exam
Articles, materials to review:
Homework 1
ppt slides on National Income and Product Accounting, Balance of Payments
Accounting, and Capital Flows and Fi
Optimal Tariff: an Example
Supplement to Chapter 8
Question: Tariff and Trade
Let us suppose that the U. S. demand curve for
sugar is given by D = 300  3p.
Its supply curve is,
S = 100 + 2p.
Consi
Introduction to market equilibrium
Labor market equilibrium coordinates the desires of firms
and workers, determining the wage and employment
observed in the labor market.
Labor market types:
o Perf
How does the change in B affect consumers utility?
B goes up by some change.
1) As B increases by delta, the demand for credit shifts to the right by delta.
2) Soes ss(r) shift? It may, because T,T ma
STUDENTS NAME: ANSWERS
ECN 313
Galina Vereshchagina
Homework #4
1. Simple questions
(a) What is the Solow residual?
The Solow residual is measured as z = Y/(K0.36N0.64), where Y is GDP, K is the capit
Homework 3  ANSWERS
Part I: SAMPLE PROBLEMS ON THE FIRMS CHOICE:
1. True/False questions
For each question below select either True or False and clearly explain your answer (you can draw
figures if y
ECN 313
Galina Vereshchagina
Answers to Homework #1
Fit all your answers into the blank spaces provided after each question. Read all the instructions
and carefully follow them.
1. True/False question