Econ 400 Winter 2015 Midterm 1 Key
1.
(11 points) The figure shows Bobby's indifference map for juice and snacks. Also shown
are three budget lines resulting from different prices for snacks assuming he has $20 to
spend on these goods.
a. (4 points) What
Econ 400
Winter 2012
Final Exam
03/15/2012
Name:
SID:
70 points total. Please answer all four questions. For full credit, remember to
write legibly and show your work.
REMINDER: It is Department of Economics policy that no graphing calculators or phones
a
AMATH 383 Solution to Assignment #1 FALL 2012
Problem 4.1
(a) Let y(t) be the concentration of the radioactive lead isotope. In the absence of sources
it decays with the decay rate proportional to the concentration, i.e.
dy
y.
dt
This is the applicable e
Econ 471B
Winter 2013
Homework # 4
This homeworkon the material of Chapters 6, 7 and beginning of 8 - is due on
Thursday, March 7, class time. Late submissions will lose 20 points each day
after March 7. Please write your answers legibly in the spaces pro
Econ 400
Autumn 2012
Final Exam
12/13/2012
Name:
SID:
70 points total. Please answer all three questions. For full credit, remember to
write legibly and show your work.
REMINDER: It is Department of Economics policy that no graphing calculators or phones
Homework Solutions for 1st Half of Econ 400
Note: With the exception of my additional question, these are the solutions provided by
Nicholson and Snyder. Ive done my best to weed out typos, but use caution and
common sense.
2.1
2.5
U ( x, y) 4 x2 3 y 2 .
Economics 400: Advanced Microeconomics
Instructor: Quan Wen
O ce: Savery Hall 330
O ce Hours: Monday 10:45-11:45, Wednesday 1:30-2:30 pm, or by
appointment
Email: wenq2@uw.edu
Course Description:
Explores the rigorous development of mathematical models us
Econ 400
Quiz #1a
10/22/2015
Name:
Note: NO graphing calculators or phones are to be used on this test.
(15 points) Mr. A derives utility from eating ice cream in the exact proportion of 1 cone to
scoop of ice cream. Answer the following questions about
(16 points) Consider the following utility function:
U(x,y)=ln(x)+ln(y)
1. (2 points) Write the total differential for U(x,y).
2. (4 points) Find
Econ 400
when U(x,y) is held constant (i.e. dU=0).
Quiz 1Key
M. Knox
3. (4 points) Now consider maximizing th
Econ 400
Winter 2012
Exam 1
02/08/2012
Book B
Name:
SID:
70 points total. Please answer all four questions. For full credit, remember to
write legibly and show your work.
REMINDER: It is Department of Economics policy that no graphing calculators or phone
Econ 400
Winter 2012
Final Exam
Key
Name:
SID:
70 points total. Please answer all four questions. For full credit, remember to
write legibly and show your work.
REMINDER: It is Department of Economics policy that no graphing calculators or phones
are to b
M. Knox
Economics 400 Win 13
Problem Set #2
Complete the following exercises from Nicholsons text.
1. Exercise 3.1
2. Exercise 3.2 (Note: My version of the book has a typo in the quasi-concavity
condition. Please verify that you have the correct equation
Econ 400
Winter 2013
Problem Set #5 Key
Please complete the following problems from Nicholsons text:
1. Exercise 9.2
Given production function q kl 0.8k 2 0.2l 2 .
a.
When k = 10, total labor productivity is
TP 10l 0.2l 2 80,
l
and average labor productiv
Econ 400
Autumn 12
Problem Set #7
Please complete the following problems from Nicholsons text:
1.
2.
3.
4.
5.
6.
12.4 a,b and f
12.5 (note Qs=n in this problem)
12.6 a-d
14.2
14.3
14.7