Name and ID:
Econ 217 Final ExamPierre Mouganie (Fall 2015)
PLEASE READ ALL QUESTIONS CAREFULLY BEFORE ANSWERING THEM
Answer all question. You have 100 Minutes. GOODLUCK :)
Part ICONCEPTUAL QUESTIONS
DUE DATE: Wednesday April 27, 2016
Econ 217 - Instructor: Pierre Mouganie
Problem Set 7
Problem 1 Profit Maximization (15 points)
A firm has cost curve C(q) = 100 + q 2 . The firm can also shut down
Dr. Nabil Nehme
GENG 204 Engineering Economics
Dr. Nabil Nehme
Ch 9: Depreciation and Corporate Taxes
1.
A lift truck priced at $35,000 is acquired by trading in a similar lift truck and paying P
cash
Dr. Nabil Nehme
GENG 204 Engineering Economics
Dr. Nabil Nehme
Chapter 7: Rate-of-Return Analysis
1.
Consider the four investments with the following sequences of cash flows:
n
0
1
2
3
Projects cash f
GENG 204 Engineering Economy
Dr. Nabil Nehme
Chapter 6: Annual Equivalent-Worth Analysis
1.
Consider the following cash flow diagram. Compute the equivalent annual worth P
at i = 8%.
$2,000
$2,000
$1,
Dr. Nabil Nehme
GENG 204 Engineering Economics
Dr. Nabil Nehme
Ch 11: Inflation
1.
The following data indicate the price indices of lumber (base period 1982 = 100) P
during the last 5 years:
Period
19
Dr. Nabil Nehme
Contemporary Engineering Economics, Copyright 2010
Chapter Opening
Story
Robotic pill dispenser makes
life easier for pharmacists - A
hospital pharmacy gets a
$250,000 robotic pill di
Dr. Nabil Nehme
Contemporary Engineering Economics, Copyright 2010
Rate of Return
What it is: Interest
earned on your
invested capital, or
commonly known as
internal rate of
return (IRR)
A Simple Exa
Dr. Nabil Nehme
Contemporary Engineering Economics, Copyright 2010
Flaws in Project
Ranking by IRR
At Issue:
Can we rank
the mutually exclusive
projects by the
magnitude of its IRR?
Assuming that yo
Dr. Nabil Nehme
Contemporary Engineering Economics, Copyright 2010
Simple versus Non-simple Investments
Simple investment
Non-simple investment
Definition: An investment with
only one sign change in
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 (CP
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
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 tim
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
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
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 o
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
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 e
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 expl
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
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 $50,0
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 labe
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
$2,000
a. What
Additional Questions:
Question 1: When calculating price elasticity of demand, if the numerator is positive, then what sign
should the denominator have?
Answer: Since price elasticity of demand is alw
Additional Questions:
Question 1: An imperfectly competitive firm is one:
A. that attempts but fails to compete perfectly.
B. with the ability to set price at any level it wishes.
C. that possesses so
Additional Questions for Practice (Chapter 9):
Question 1: Problem 1 (Textbook) Page 296
Answer:
a.
Samir
Other students
Study a little
Study a lot
Study a little
Samir: 5 6 = -1
Others: 5 6 = -1
Sami
Use the following graph to answer the question below:
1. The economy is producing efficiently at point(s):
a. C, E, and F.
b. D.
c. A and B.
d. In both answers b and c.
Use the following graph to answ
Additional Questions:
Question 1: Use the following graph to answer the questions below:
P($)
10
S
7
D
3
Q
120
Calculate the following (Hint: Area of triangle is 0.5 * height * base): Show your calcul