Econ 299 Fall 2015
L. Priemaza
University of Alberta
Econ 299
Assignment #3
Fall 2015
L. Priemaza
1) Kerry likes to vacation, but doesnt like spending money. Her vacation fun (F)
depends on how many activities she does (A) and how much the vacation costs
Econ 299 Fall 2015
L. Priemaza
University of Alberta
Econ 299
Assignment #2
Fall 2015
L. Priemaza
1) Calculate the following: (13 marks)
a) For y=x 24 , calculate general growth (in terms of x only) and
growth at x=1. What functional form is this equation
Econ 299
2015
Lab Assignment #5
Name : he liu
ID #: 1384456
Lab Section: Oct 15@9am
(1) Two firms are considering a 7 year investment project that requires an upfront payment of $2500 (Year 0) and an additional payment of $1000 in Year 3 of
the project. T
Econ 299
:_
2015
Lab Assignment #8
#:_
Name
ID
Lab
Time:_
Download the file Lab8Data.txt from
www.ualberta.ca/~priemaza/Econ299
/Labs
2)Import this file into excel, assigning
the data into columns.
3)In column D and E, convert this
monthly data into quart
Econ 299
2015
Lab Assignment #9
Name :_
ID #:_
Lab Time:_
1) Download the file Lab9Data from
www.ualberta.ca/~priemaza/Econ299/Labs
2) Using Excel, load the data and convert into columns, so all
data is in columns A to F, and the last data is in row 46.
3
Econ 299
2015
Lab Assignment #10
Name :_
ID #:_
Lab Time:_
1) Download the file Lab9Data from www.ualberta.ca/~priemaza.Labs and
import into excel. You will need to print out this file after (2) and (3).
2) Using the data analysis option, run a regression
Let us consider a mortgage loan with a principal of $100,000 to be paid back to the financial institution in 10 years. The interest rate is 10%.
Principal
Interest rate
Amortization
P
IR
AP
$100,000
10%
10 how long you pay back the loan
year
()
1. Loan wi
ECON 299 A1 (Fall 2014)
Assignment #2
1. Graph the following equation and show all steps. 5 marks
2. You work for a software company and the demand equation for your product is: P = 30 - Q
and the total cost function is: TC = 0.5Q2 + 6Q + 7. Find the leve
ECON 299
Practice Midterm
1. Below is a basket outlining the materials a typical university student needed:!
!
Paper
Pencil
Year
Quantity
Price
Quantity
Price
1984
100
2.00
20
8.00
1985
150
3.00
30
9.00
1986
200
4.00
40
10.00
!
a) Create a Paasche Price I
ECON 299 A1 (Fall 2014)
Lab Assignment #1
Name: _!
!
Student ID: _!
!
!
1. Input the below numbers into excel. Calculate the missing numbers and attach a print out
with your name and student ID.
Year
2004
Nominal GDP
GDP Deator
($ billions)
Real GDP
ECON 299 A1 (Fall 2014)
Lab Assignment #1
ANSWER KEY!
!
1. Input the below numbers into excel. Calculate the missing numbers and attach a print out
with your name and student ID.
Year
Nominal GDP
GDP Deator
($ billions)
Real GDP
Popula;on
(*base
ECON 299 A1 (Fall 2014)
Lab Assignment #2
Name: _!
!
Student ID: _!
!
!
1. Input the below numbers into excel. Calculate the missing numbers and format them to one
decimal place. Attach an excel print out with your name and student ID when handing in this
ECON 299 A1 (Fall 2014)
Lab Assignment #2
Name: _!
!
Student ID: _!
!
!
1. Input the below numbers into excel. Calculate the missing numbers and format them to one
decimal place. Attach an excel print out with your name and student ID when handing in this
Econ 299
Tutor Questions Chapter 6
University of Alberta
Econ 299 Tutor Questions Chapter 6
Use the following data for the next 2 questions:
Year
1999
2001
2002
2003
6
200
0
4
Car Sales (S)
(Hundreds)
Gas Price (P)
(cents)
5
7
3
60
65
68
72
75
1) Given th
Econ 299
Tutor Questions Chapter 6
University of Alberta
Econ 299 Tutor Questions Chapter 6
Use the following data for the next 2 questions:
Year
1999
2001
2002
2003
6
200
0
4
Car Sales (S)
(Hundreds)
Gas Price (P)
(cents)
5
7
3
60
65
68
72
75
1) Given th
Econ 299 Tutor Questions
Chapter 5
University of Alberta
Econ 299 Tutor Questions
Chapter 5
1) Consider the following hypothetical Oilers data:
Game
Shots
Goals
1
22
4
2
15
3
3
31
3
4
25
1
5
25
5
a) Assuming that the above is the entire population, calcul
2. Mathematical
Versions of Simple Growth Models
Simple growth models Examples of growth models Basic theory of econ models Calculus Review
1
2. Mathematical
Versions of Simple Growth Models
2.1 An Introduction to mathematical models of grow
2.1.4 Growth Models The most common formulas to measure growth are: [{Xt-Xt-1}/Xt-1] X 100 [ln(Xt)-ln(Xt-1)] X 100 [{dX/dt}/X] X 100 [dln(X)/dt] X 100 -each formula has advantages and disadvantages given situation and available data
1
2.1.4 G
3.6 Joint Probability Density Functions
Sometimes we are interested in the isolated occurrence or effects of one variable. In this case, a simple pdf is appropriate. Often we are interested in more than one variable or effect. In this case it is usef
3.9 Properties of the OLS Estimator
There exist a variety of methods to estimate the coefficients of our model (b1 and b2) Why use Ordinary Least Squares (OLS)? 3) OLS minimizes the sum of squared errors, creating a line that fits best with the obs
4. Simple Regression Models
Chapter 4 will expand on concepts introduced in Chapter 3 to cover the following:
3) Estimating parameters using Ordinary Least 4) 5) 6) 7)
Squares (OLS) Estimation Hypothesis tests of OLS coefficients Confidence interval
As covered previously, ordinary least squares estimation derives POINT ESTIMATES for our coefficients (b1 and b2). -These are unlikely to be perfectly accurate. Alternately, Confidence Intervals provide for us an estimate of a range for our coefficie
2.2.2 Elasticities
We have already seen how the derivative, or the slope, can change as x and y change -even if a slope is constant, changes can have different impacts at different points -For example, given a linear demand for Xbox 360s, a $100 price inc
2.A Optimization It can be argued that economists are involved in three practical areas: 1) Analyze what has happened 2) Specify where an economy is now 3) Advise on future decisions To achieve the third goal, often an economist must know what the best re