PROBLEM SET 3
PART A. ANALYTICAL QUESTIONS
Q.1. Consider the following labor force statistics for an economy:
Total population (000s): 1000
Number of adults employed (000s): 600
Number of adults unemployed and looking for work (000s): 50
Number of adults
PROBLEM SET 9: ANSWERS
Q.1.Consider an economy described by the following equations:
Money Supply : Ms = 200
Consumption
: C = 200 + 0.25*Yd
Investment
: I = 100 5000*r
(Assume that inflationary expectations are
Money Demand : Md = 150 500*i + 0.42*Y + 0.
METU
Econ 122
2014-2015 Spring Semester
PROBLEM SET -2
1) For each of the following, draw a diagram that illustrates the likely effect on the market for
sausages. Indicate in each case the impact on equilibrium price and equilibrium quantity.
a. A surgeon
Solutions ES-04
1)Assume the following data for the economy which is in equilibrium at an output level of
1400.
G = 500,
I = 200,
Marginal tax rate (t) = 0.3
T0 = 140,
C = 700,
S = 140,
MPC = 5 / 7
a) Calculate the level of the government spending multipl
METU
Department of Economics
ECON 122
Spring 2015
SOLUTIONS PROBLEM SET 5
Q.1. The money demand curve is given by Md = 100-500r ; where Md is money demand and r is
the interest. The money supply is at 60.
a) Graph Ms and Md, and calculate the equilibrium
METU Department of Economics
Instructors: lhan Can zen
ECON 122 Principles Of Macroeconomics
Nurbanu Huyugzel
Spring Semester 2015-2016
TA:
RECITATION 1
QUESTIONS AND ANSWERS
Q1. In Orangeland, a closed economy, Orangelanders live only on orange
juice. Th
ESSAY QUESTIONS
1) In what sense is money neutral? Why is monetary policy useful if money is neutral?
ANSW: Despite the neutrality of money in the medium run, monetary policy can be effective
in the short run. With a monetary expansion, the LM curve shift
METU Department of Economics
zen
ECON 122 Principles of Macroeconomics
NurbanuHuyugzel
Spring Semester 2015-2016
Instructors: lhan Can
TA:
RECITATION 8
QUESTIONS
SHORT- ANSWERED QUESTIONS:
1) What are demand deposits, and why should they be included in th
METU Department of Economics
Instructors: lhan Can zen
ECON 122 Principles Of Macroeconomics
Nurbanu Huyugzel
Spring Semester 2015-2016
TA:
RECITATION 4
QUESTIONS
ESSAY QUESTIONS:
Q1. 5000 people lives in Freeland, and 60% of them are age 16 or older. Bec
METU-NCC
ECO 102
PROBLEM SET # 1
PART A: PROBLEMS
Q.1 1Suppose the following data applies to the US for the year 2011 (all figures are in billions of
dollars).
Using the information given above, compute the following macroeconomic figures. Assume that the
METU-NCC
ECO 102
PROBLEM SET # 2
PART A: PROBLEMS
Q.1 The following values describe the yearly Consumer Price Index (CPI) in a hypothetical
economy.
Year
CPI
2004
50
2005
75
2006
100
2007
140
2008
165
2009
185
2010
210
2011
225
a) What was the rate of inf
METU-NCC
ECO 102
PROBLEM SET # 3
PART A: PROBLEMS
Q.1 Use the following information to fill in the blank cells in the table. This is a closed economy
without a government. Planned investment spending is determined autonomously. (All figures are in
billion
CHAPTER 6
The Labor Market
1 of
35
2 of 39
Unemployment
Measuring Unemployment
In Turkey the unemployment rate is
calculated by TUK (Turkish State Institute of
Statistics) from 1988 under the rules set by
ILO (International Labor Organization).
The calcul
Lecture 2
MACROECONOMI
C VARIABLES
Required reading:
Blanchard chapter 2
Macroeconomic Variables
The major macroeconomic variables are:
1)
Output
2)
Inflation
3)
Unemployment
1) Measurement of Output
Great
depression there were no measure of
aggregate ec
Middle East Technical University
NCC, Department of Economics
ECO 202
Dr. Pnar Derin-Gre
Name_
Spring 2016
PROBLEM SET 1
Due Date: Thursday, March 10 , 2016 in class. No late problem sets will be accepted.
Note: Please keep your answers short! In most cas
CHAPTER 8
The Natural Rate of
Unemployment and the
Philips Curve
1 of
34
8-1
2 of 34
Inflation, Expected
Inflation, and Unemployment
P P e (1 ) F ( u , z )
The above equation is the aggregate supply. This
relation can be rewritten to establish a relation
Technology and Cost
Chapter 4: Technology and Cost
1
The Neoclassical View of the Firm
Well concentrate upon a neoclassical view of the firm
the firm transforms inputs into outputs
Inputs
Outputs
The Firm
The firm is solely seen as a production unit wh
Product Variety and Quality
under Monopoly
Chapter 7: Product Variety and Quality
under Monopoly
1
Introduction
Most firms sell more than one product
Products are differentiated in different ways
Horizontally
goods of similar quality targeted at consu
Basic Microeconomic Tools
Chapter 2: Basic Microeconomic
Tools
1
Overview
Perfect Competition vs. Monopoly
Efficiency and Surplus
Profit Today vs. Profit Tomorrow: Firm
Decision Making Over Time
Chapter 2: Basic Microeconomic
Tools
2
Efficiency and Mar
Industrial Organization: contemporary theory
and practice (4th edition)
Lynne Pepall
Dan Richards
George Norman
Industrial Organization: Chapter 1
1
Industrial Organization: What, How, and Why?
A road map for the whole course.
The essential aim of the c
Part Three: Game Theory and
Oligopoly Markets
Chapter 9: Cournot Competition
Chapter 10: Price Competition
1
We start our analysis of strategic interaction.
The most common market setting in which strategic
interaction arises is oligopoly: markets with
Price Discrimination and
Monopoly: Nonlinear Pricing
Chapter 6: Price Discrimination:
Nonlinear Pricing
1
Introduction
Annual subscriptions generally cost less in total than one-off
purchases
Buying in bulk usually offers a price discount
these are pri
Market Structure and Market
Power
Chapter 3: Market Structure and Market
Power
1
Introduction
Industries have very different structures
numbers and size distributions of firms
Coke: high concentration
newspapers: low concentration
Can we measure mark
Price Discrimination and
Monopoly: Linear Pricing
Chapter 5: Price Discrimination: Linear
Pricing
1
Introduction
Prescription drugs are cheaper in Canada than the United
States
Textbooks are generally cheaper in Britain than the United
States
The above
Commodity Bundling and Tie-In
Sales
Chapter 8: Commodity Bundling and Tie-In
Sales
1
Introduction
Firms often bundle the goods that they offer
Microsoft bundles Windows and Explorer
Office bundles Word, Excel, PowerPoint, Access, Outlook, OneNote
Bund
Problem Set #1
(due to 24/03/2016)
Please hand in your solutions on March 24th in class, or send them by email or bring them to
my office until 13:30 of the before mentioned day.
1. (20 points) Find the data of the market shares of the firms for any indus
Tablolarn kullanm
t Tablosu
F Tablosu
Serhat ERBA
Student t Dal
Bu dal rnek hacminin kk olduu durumlar iin
(n<30) Gosset (1908) tarafndan gelitirilmitir.
Daln ortalamas populasyon ortalamasna eittir
(populasyon ortalamas=
Ortalamann standart sapmas olarak
SPSSdestatistikselAnalizler
Hazrlayan:
Yrd.Do.Dr.MustafaAkda
Malatya,2011
NDEKLER
Sayfa
1. t TEST.
a. One-Sample t Testi.
b. Independent-Sample t Testi.
c. Pairled-Sample t Testi.
2. ANOVA (F Testi)
a. One-Way ANOVA.
b. Two-Way ANOVA.
c. One-Way ANOVA for
STAT2912: Statistical Tests
Solution week 1
1. Let Z N (0, 1) and Z1 N (1, 1). Use tables to
(a) nd the following probabilities:
P(Z 1.25);
P(t3 2.353);
P(0.5 < Z1 1.23);
P(|t5 | 1.476).
(b) nd c such that
P(t8 > c) = 0.05;
P(Z < c) = 0.05;
P(|t7 | c) = 0