EC 350 Assignment 2
Instructor: Colin Corbett
Due Thursday, Oct. 15th
1. Suppose that John has atter indierence curves than Steven. Illustrate this with
two dierent indierence maps. What does this say about their preferences for income versus leisure? Oth
EC 350 Assignment 2
Instructor: Colin Corbett
Due Thursday, Oct. 15th
1. Suppose that John has atter indierence curves than Steven. Illustrate this with
two dierent indierence maps. What does this say about their preferences for income versus leisure? Oth
Homework 4 - Key
1. A) It should make indifference curves atter because benets would be less benecial
relative to wages
B) If you assume the tax applies only to workers and not to rms, the iso-prot curve will
not change. If instead you assume that taxing
EC 350 Assignment 1
Instructor: Colin Corbett
Due Thursday, April 7th
1. Figure 1 shows a wage constraint and a single indifference curve. Refer to Figure 1 to
answer the following questions.
Figure 1
(a) What is the wage rate for this individual? How man
Homework 4
Due Thursday, May 14th
Instructions: Homework must be written up individually, though you are allowed to work with
fellow students. Use math, graphs, and/or words to support your answers. Please write legibly
and staple your homework.
1. (5 poi
Homework 2 Key
1) A. 16 Hours of work
B. $160 per day
C. $10 per day
D. Yes, as wage rates increase, this worker will be affected by both the substitution and
income effects. If the wage increases enough that the income effect dominates the
substitution e
EC 350 Assignment 2
Instructor: Colin Corbett
Due Thursday, Oct. 15th
1. Suppose that John has atter indierence curves than Steven. Illustrate this with
two dierent indierence maps. What does this say about their preferences for income versus leisure? Oth
Instructor: Amani Rashid
Course: EC 350
Term: Fall 2017
Assignment 2
Name:
Student ID:
Assignment 2
Due Date: Wednesday, October 18th (At the beginning of class)
Note: You must show all your work for all questions; JUST WRITING THE FINAL ANSWER WILL
EARN
Sixuan Huang
951282060
EC 350
1.
2.
3.
4.
5.
Homework 3
I have two options after I graduate. I can work in my fathers company or find
a job. No matter which one I choice, I want to do the job about marketing.
Like plan how we sale this product with more p
Childcare Subsidies, Wages, and
Employment of Single Mothers
Erdal Tekin
abstract
This paper develops and estimates a model for the choice of part-time and
full-time employment and the decision to pay for childcare among single
mothers. The results indica
EC 350 Assignment 2
Instructor: Colin Corbett
Due Thursday, April 14th
1. (Paraphrased from Chap. 2, question 6) Draw a standard work-leisure diagram with
a $15/hour wage constraint and an indifference curve such that 8 hours of work (16
hours of leisure)
Childcare Subsidies, Wages, and Employment of Single
Mothers
EC 350 Spring 2016
Instructor: Colin Corbett
Quiz: Thursday, April 14th
Read the introduction (section 1, pages 453-455) and the conclusion (section 6, pages
474-476).
This article discusses the
Becker Household Model
Labor Participation Rates
Human Capital
Time Preferences
EC 350 Labor Economics
Lecture 4: Labor Participation, Human Capital
Instructor: Colin Corbett
April 7, 2016
1 / 26
Becker Household Model
Labor Participation Rates
Human Capi
EC 350 Winter 2017
Assignment 1: Basics of Labor Supply (due 1/24/17)
To get full credit, always label all axes, curves, and intercepts.
1) Fun with budget constraints: On one set of axes, draw three budget
constraints: the first showing a worker wh
Homework 6
Due Thursday, May 28th
Instructions: Homework must be written up individually, though you are allowed to work with
fellow students. Use math, graphs, and/or words to support your answers. Please write legibly
and staple your homework.
1. (6 poi
EC 350 Winter 2017 Final Exam Review Sheet
Because so much material was covered in this course, the final exam will focus on
the main points of each chapter. The more unusual questions (such as some of those
on the 1st homework assignment) should not
Practice Midterm
1
EC 350: Labor Economics
Summer 2016
Name:
Student ID #:
Instructions: The points allocated to each part are listed. You have 110 minutes to complete
this exam. Please read each question carefully, and ask questions when necessary. You a
Practice Final
1
EC 350: Labor Economics
Name
Instructions: The 40 questions on this exam are worth a total of 120 points. The points allocated
to each part are listed. You have 110 minutes to complete this exam. Please read each question
carefully, and a
EC 350 Spring 2016
Assignment 5
Instructor: Colin Corbett
Due: Tuesday, May 17th
1. Suppose the current equilibrium for wages and fringe benefits (in the form of child
care) is described by the following curve:
120
100
Income
80
60
40
20
0
0
20
40
60
80
1
EC 350 Spring 2016
Assignment 6
Instructor: Colin Corbett
Due: Tuesday, May 24th
1. Suppose two otherwise identical jobs in the timber industry have different salaries and
different safety records. Compary A pays its lumberjacks $60,000 per year and has
a
EC 350 Assignment 3
Instructor: Colin Corbett
Due Thursday, April 21st or Friday, April 22nd with prior arrangement
1. Assume a discount rate r = .08( = .926). Calculate the net present net value of the
following situations (remember that costs count as n