ECON 122
Time Series Regressions and Forecasting (Chapter 14)
Example #1 of time series data: US rate of price inflation, as
measured by the quarterly percentage change in the
Consumer Price Index (CPI), at an annual rate
2
Example #2: US rate of unemploy
ECON 122
Nonlinear Regression Functions
Martin D. D. Evans
Nonlinear Regression Functions
(SW Chapter 8)
Everything so far has been linear in the Xs
But the linear approximation is not always a good one
The multiple regression framework can be extended
STOCKHOLM UNIVERSITY
Department of Economics
Course name:
Empirical Methods 2
Course code:
EC2402
Examiner:
Lena Nekby
Number of credits:
7,5 credits
Date of exam:
Friday, June 5, 2009
Examination time:
3 hours
Write your name, Swedish personal number and
Problem Set 4
Econ 101 Spring 2017
Arik Levinson, Georgetown University
1. Marge is considering purchasing an expensive lottery ticket. It has a probability 0.5 of paying
$10,000 (and a 0.5 chance of paying zero). Marges expected utility is Von
Problem Set 1 ANSWER KEY
Econ 101, Spring 2016
Arik Levinson, Georgetown University
y
1.
a.
b.
c.
d.
e.
f.
g.
h.
6
3
2
0
11
5
9
6.5
y
(a)
(b)
12
12
6
6
12
24
12
X
y
24
X
24
X
24
X
24
X
y
(c)
(d)
12
12
6
6
12
24
12
X
y
y
(e)
17
(f)
12
12
10
6
6
5
12
24
12
Problem Set 3
Econ 101
Arik Levinson, Georgetown University
1. Remember Arik (from problem set #2)? He paid rent of $500 per month out of his income of $1000
per month, leaving him $500 to spend on two things: fuel for heating the apartment, H; and ot
ECON 122
Introduction to Linear Regression
Martin D. D. Evans
The Population Linear Regression
Model general notation
Yi = 0 + 1Xi + ui, i = 1, n
X is the independent variable or regressor
Y is the dependent variable
0 = intercept
1 = slope
ui = the
Political Economy and Public Choice: an Introduction
Antoine LOEPER
2017
Chapter I
What are Public Choice and Political
Economy about?
1
Market failures
The starting point of public economics is the existence of market failures. Many markets are not perfe
HECKSCHER-OHLIN MODEL
Klaus Desmet y Jos Riera
1
1. INTRODUCTION
Klaus Desmet y Jos Riera
2
Drawbacks Ricardian Trade Model
All agents gain from trade in Ricardo. Thus, we would not be able to explain why some
agents are against free trade, nor why the
THE POLITICAL ECONOMY
OF TRADE POLICY
Klaus Desmet y Jos Riera
1
1. ROAD MAP
Klaus Desmet y Jos Riera
2
Road map
Theory Lecture
Arguments in favor of free trade
Arguments against free trade
Trade agreements
Multilateral agreements
Bilateral (or regio
Additional Questions:
Question 1: Rania used to work as an aerobics instructor at the local gym earning $35,000 a
year. Rania quit that job and started working as a personal trainer. Rania makes $50,000 in total
annual revenue. Rania's only out-of-pocket
Additional Questions:
Question 1: Draw a demand and supply graph showing the impact of a decrease in the wage of
coffee bean workers on the equilibrium price and quantity of coffee. (Note: Please label your
graph clearly).
Answer:
P
S
S
Pe
Pe1
D
Qe
Qe1
Q
Additional Questions:
Question 1:
Etihad
Raise Ad Spending
Do Not Raise Ad
Spending
Emirates
Raise Ad Spending
Do Not Raise Ad Spending
$3,000
$8,000
$4,000
$3,000
$4,000
$5,000
$5,000
$2,000
a. What is Etihads dominant strategy?
b. What is Emirates domin
Additional Questions:
Question 1: When calculating price elasticity of demand, if the numerator is positive, then what sign
should the denominator have?
Answer: Since price elasticity of demand is always negative, if the numerator of the price elasticity
Additional Questions:
Question 1: An imperfectly competitive firm is one:
A. that attempts but fails to compete perfectly.
B. with the ability to set price at any level it wishes.
C. that possesses some degree of control over its price.
D. that faces perf
Additional Questions for Practice (Chapter 9):
Question 1: Problem 1 (Textbook) Page 296
Answer:
a.
Samir
Other students
Study a little
Study a lot
Study a little
Samir: 5 6 = -1
Others: 5 6 = -1
Samir: 20 10 = 10
Others: 0 6 = -6
Study a lot
Samir: 0 6 =
Use the following graph to answer the question below:
1. The economy is producing efficiently at point(s):
a. C, E, and F.
b. D.
c. A and B.
d. In both answers b and c.
Use the following graph to answer the question below:
2. The price elasticity of suppl
Additional Questions:
Question 1: Use the following graph to answer the questions below:
P($)
10
S
7
D
3
Q
120
Calculate the following (Hint: Area of triangle is 0.5 * height * base): Show your calculations.
1) The cost of producing the first unit traded.
Additional Questions:
Question 1: Here are some production possibilities for an imaginary economy for a given year.
Coffee Bananas
50
100
30
140
10
X
If the production possibilities frontier is bowed outward, then X is most likely:
a. 140
b. 150
c. 180
d.
Additional Questions:
Question 1: Amira is thinking about going to the movies tonight. A ticket costs AED 35 and she
will have to cancel her baby-sitting job that pays AED 30 per hour. What is the cost of seeing the
2-hour movie?
Answer: In economics, cos
COURSE SYLLABUS
A
Course Title
& Number
ARA 101E: Introduction to Arabic Heritage
B
Pre/Co-requisite(s)
None
C
Number of credits
3 credit hours
D
Faculty Name
Dr. Usman Ghani
E
Term/ Year
Spring 2016
CRN
Course
Days
Time
Location
20622
20634
04E
ARA 101 1
Activity 1 Distinguishing Between Primary and Secondary Sources
Primary sources are first-hand narratives, original documents/objects or factual accounts that were written or made
during or close to the event or period of time. They have a direct connecti
Bonus Work 1 Finding and Using Primary Sources
Primary sources are first-hand narratives, original documents/objects or factual (not interpretative)
accounts that were written or made during or close to the event or period of time. Primary sources
that yo
Gender Game 2
You have 5 minutes to fill this form. For each role and activity given put X depending on
your thinking about whether it is a womans role or a mans role. Please do not write what it
should be, just fill the form based on what comes to your m
Instructors Manual
For Principles of Econometrics, Fourth Edition
Instructors Manual
For Principles of Econometrics, Fourth Edition
WILLIAM E. GRIFFITHS
University of Melbourne
R. CARTER HILL
Louisiana State University
GUAY C. LIM
University of Melbourne
Homework 1.
September 17, 2016.
This homework assignment is envisaged by the syllabus of MSE 510 Economic
Statistics course. Students are supposed to answer the questions and Solve the
exercises, providing details of their workings whenever required. Answ