Alya AlHashemi
Research Project Design
Profs Mookerjee and Batsaikhan
29th September, 2016
Problem Set 2
Question 1
1. Linearity, random sample, zero conditional mean, no multicollinearity
2. Beta zero is the mean price when all independent variables are
Econ 551
Assignment 2 Solutions
Due: Thursday October 6, 2016, 5:00 pm
In this assignment, the "substitution effect" associated with a price change is the change in demand
for a good assuming the individual has just enough money to purchase the bundle she
Econ 551
Assignment 2
Due: Thursday October 6, 2016, 5:00 pm
In this assignment, the "substitution effect" associated with a price change is the change in demand
for a good assuming the individual has just enough money to purchase the bundle she originall
Macroeconomics, Fall 2016
Homework Set C
1. Consider a social planner making resource allocation decisions for the economy described in Chapter 2 of Galis text. The planners goal is to maximize social welfare,
which in this setting is naturally represente
ECON 101: Assignment 2
Due: Friday Oct 30 2005 by 5pm
Question 1. (16 points total)
Chan receives utility from days spent traveling on vacation domestically (D) and days spent
traveling in a foreign country (F ) as given by the utility U (D, F ) = DF . Th
ECON 101: Assignment 1 Solutions
1. Ming has a budget of $60/month to spend on hightech athome entertainment. There are
only two goods that he considers: CDs and video rentals. For each of the situations described
below, draw Mings budget constraint. De
ECON 101: Quiz Solutions
February 6, 2014
Instructions. The exam period is one hour. The total points available is 75, and points for
each question are shown in parentheses. Partial credit is given: answer all questions and explain
your answers.
No notes,
ECON 101: Assignment 4 AK
1. A monopolist produces output with constant marginal cost equal to 1. There are two of
consumers that are potentially in the market for the good.
Consumer A has inverse demand
function
pA (x) = 7 x,
and consumer B has inverse d
ECON 101: Assignment 3
Due: Monday November 23, 5pm
1. Priyas utility from vacations (V) and meals (M) is given by the function U (V, M ) = V 2 M .
Last year, the price of vacations was $200 and the price of meals was $50. This year, the price
of meals ro
ECON 101: Assignment 1
Due: Friday September 25, 2014, 5pm
1. Ming has a budget of $60/month to spend on hightech athome entertainment. There are
only two goods that he considers: CDs and video rentals. For each of the situations described
below, draw M
ECON 101: Quiz
September 21, 2014
Instructions. The exam period is one hour. The total points available is 50, and points for
each question are shown in parentheses. Partial credit is given: answer all questions and explain
your answers.
No notes, books,
Economics 425
Problem Set #2
Due: Tuesday, Oct. 4, 2016
1. This question asks you to find the maxima and/or minima of two functions.
i) Find the critical points of the function f(x,y) = 3x2 2xy + y2 + 6x 2y. Use the Hessian to
determine whether the critic
Economics 425
Problem Set #1
Due: Tuesday, Sept. 20, 2016
1. People migrate between two states according to the transition matrix = [
0
where 0 < a < 1 and 0 < b < 1. The initial populations are [ 10 ].
2
1
],
1
i) What are the steadystate populations?
0
Labor Productivity and Comparative Advantage:
The Ricardian Model
Pnar ebi Wilber
International Trade
Georgetown University
September 7, 2016
September 7, 2016
Pcw27@Georgetown.edu
Introduction
Theories of why trade occurs:
Differences across countries
Labor Productivity and Comparative Advantage:
The Ricardian Model Part 2
Pnar ebi Wilber
International Trade
Georgetown University
September 12, 2016
September 16, 2016
Pcw27@Georgetown.edu
International comparison of hourly direct pay for time worked in
Problem Set 1Solutions
Empirical Exercise 4.2
Calculations for this exercise are carried out in the STATA file EE_4_2.do.
(a) The median height in the sample is 67 inches.
(b) The following table shows average annual earnings for
Economics 122: Fall 2016
Problem Set 2Solutions
Due Tuesday, September 27th by 10:00am on Blackboard
Submit all files as .pdf documents (can be scanned or typed). The suggestion is
to handwrite (and scan) or type all the problems apart from the empirical
Economics 122: Fall 2016
Problem Set 1
Due Tuesday, September 20th by 10:00am on Blackboard
Submit all files as .pdf documents (can be scanned or typed). The suggestion is
to handwrite (and scan) or type all the problems apart from the empirical exercise
Economics 122: Fall 2016
Problem Set 2
Due Tuesday, September 27th by 10:00am on Blackboard
Submit all files as .pdf documents (can be scanned or typed). The suggestion is
to handwrite (and scan) or type all the problems apart from the empirical exercise
Recitation I
Alexander Billy and Mariel Siravegna
September 15, 2016
1
Homework Questions
1.1
3.16
Prompt: Grades on a standardized test are known to have a mean of 1000 for students in
the United States. The test is administered to 453 randomly selected
Homework 1
This homework is due October 3
1. Steve can paint twice as quick as Jeff. Jeff can sandpaper three times as quick as Steve can.
Who has absolute advantage in painting?
Who has absolute advantage in sandpapering?
Who has comparative advantage in
OUT OF 40 PT)
Homework 1: Answer Key;
Question 1. Steve can paint twice as quick as Jeff. Jeff can sandpaper three times as
quick as Steve can. C OUT 0F 2, faunaJ
Who has absolute advantage in painting?
Sandpaper
Steve has AA in painting [0. 5 W5]
Notes for Teaching
Alexander Billy
September 15, 2016
alexanderrbilly@gmail.com
1
Alex Billy: Intro to Econometrics
2
Todays recitation will focus on some of the basics of goodness of fit criteria.
We will focus on one known as the coefficient of determin
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date: 02/01/2012
author: fkreuter
Population Berlin as of 31.12.2010
Data: Federal Statistical Office
www: https:/wwwgenesis.destatis.de/genesis/online
restricted to ages 1889

cd $daus3/downloaded_data
import excel ./downloaded_data/b
use data1
drop ymove  xweights
summarize income
mvdecode income, mv(0=.a)
sort sex
by sex: summarize income
summarize income, detail
generate men = 1 if sex = 1
replace men = 0 if sex = 2
generate emp3 = emp if emp <= 2
replace emp3 = 3 if emp = 4
label
s#/label.ado#N# rh#@#5@#@#Pp#13 Feb 2012
17:08#activity#07#bhour#g#07#bmi
n#ng#07#estring#07#location#07#
#%26s#%12.0g#%9.0g#%10.0g#%8.0g#: The dat
%9.0g#%12.0g#%9.0g#%10.0g#%8.0g#: The dat%9.0g#%12.0g#%9.0g#
%10.0g#%8.0g#: The dat%9s#%12.0g#%9.0g#%10.0g#
The gravity model
helps us to understand the value of trade between any pair of
countries and sheds light on the impediments that continue to limit
international trade even in todays global economy.
GDP measures the total value of all goods and services