Applied Macroeconomics
ECON 5011B
Problem Set 4 2013
Professor Ahmet Akyol
Questions
1. Consider an innitely-lived consumer with preferences given by
t (ln ct + ln ct1 ) (0, 1),
> 0.
(1)
t=0
subject to
ct + kt+1 Akt
A > 0,
(0, 1), k0 > 0,
(2)
c1 given.
Applied Macroeconomics
ECON 5011B
Problem Set 3 2013
Professor Ahmet Akyol
Questions
1. Consider the following overlapping generations economy. Time is discrete, and is denoted by t = 0, 1, 2. Agents live for two periods. In the rst period of their life,
York University
Department of Economics
GS/ECON 5011 A
Applied Macroeconomics
Fall 2010
Professor Tasso Adamopoulos
Assignment 1
Due: Tuesday, October 5, 2010 (11:30a.m.)
1. Briey explain whether the following statement is true or false: The Solow model c
Econ 5011 - Final Exam 19 April 2005
Part A do all 3 problems
Problem 1. Consider a standard Solow model. The capital stock per eective worker evolves over time according to k(t) = sf (k(t) (n + g + )k(t).
We let the intensive form production function be
York University
Department of Economics
GS/ECON 5011A
Applied Macroeconomics
Fall 2012
Professor Tasso Adamopoulos
Answers to Assignment 3
1. (a) The capital accumulation equation is,
k(t) = Ak(t) c(t) k(t)
k(t) = (A ) k(t) c(t)
(b) Real interest rate:
r(
Applied Macroeconomics
ECON 5011B 2013
Problem Set 2
Professor Ahmet Akyol
Questions
1. Consider the following innitely-lived representative agent in an innite-horizon economy. The representative agents preferences are given by
t ( ln ct + (1 ) ln lt ),
York University
Department of Economics
GS/ECON 5011
Applied Macroeconomics
Fall 2008
Professor Tasso Adamopoulos
Answers to Assignment 2
1. In the Ramsey-Cass-Koopmans model the dynamics of the economy are described by the
Euler equation and the law of m
YORK UNIVERSITY Faculty of Arts Department of Economics APPLIED MACROECONOMICS ECON 5011 Winter 2005 Instructor: Nils-Petter (Nippe) Lagerlf o E-mail: [email protected] Oce: Vari Hall 1056 Teaching Web site: http:/www.arts.yorku.ca/econ/lagerloef/HP/
York University
Department of Economics
GS/ECON 5011A
Applied Macroeconomics
Fall 2010
Professor Tasso Adamopoulos
Assignment 3
Due: Tuesday, November 23, 2010 (11:30a.m.)
1. Consider a continuous time growth model, in which output per worker (y ) is prod
York University
Department of Economics
GS/ECON 5011B
Applied Macroeconomics
Professor Tasso Adamopoulos
Answers to Sample Final
1. (a) A resource constraint tells you how the economys total resources in a given period
are allocated across dierent uses. I
York University
Department of Economics
GS/ECON 5011 A
Applied Macroeconomics
Fall 2010
Professor Tasso Adamopoulos
Assignment 2
Due: Thursday, October 21, 2010 (by 11:30am in my oce)
1. Consider the baseline Ramsey-Cass-Koopmans model discussed in class.
Applied Macroeconomics
ECON 5011B
Midterm Test October 22, 2012
Professor Ahmet Akyol
Start: 8:30am.
Finish: 10:30am.
The test has three questions. Please show all your work. Good Luck!
Questions
1. -40 points- Consider the following one-period. Suppose n
York University
Department of Economics
GS/ECON 5011
Applied Macroeconomics
Fall 2008
Professor Tasso Adamopoulos
Sample Test 1
Total Time: 80 minutes
Total Marks: 100
1. Consider the standard Solow model. Assume that the production technology is of the
C
York University
Department of Economics
Faculty of Liberal Arts and Professional Studies
GS/ECON 5011A
Applied Macroeconomics
Fall 2010
Instructor
Professor Tasso Adamopoulos
Office
Vari Hall 1036
Contact
Email: [email protected], Phone: (416) 736-2100
York University
Department of Economics
GS/ECON 5011A
Applied Macroeconomics
Fall 2012
Professor Tasso Adamopoulos
Assignment 1
Due: Monday, October 1, 2012 (11:30a.m. in class)
1. Briey explain whether the following statement is true or false: The Solow
Applied Macroeconomics
ECON 5011B 2013
Problem Set 1
Professor Ahmet Akyol
Questions
1. Consider a one-period, closed economy consisting of a representative household, a
representative rm, and a government. Each economic agent acts as a price taker
in per
York University
Department of Economics
Faculty of Arts
AS/ECON 4010A
Advanced Macroeconomic Analysis
Professor Tasso Adamopoulos
Some Useful Math Notes
September 2006
Linear equations
One equation in one unknown (x):
ax + b = c x =
cb
a
System of two l
Applied Macroeconomics
ECON 5011B
Problem Set 4 2013
Professor Ahmet Akyol
Questions
1. Consider an innitely-lived consumer with preferences given by
t (ln ct + ln ct1 ) (0, 1),
> 0.
(1)
t=0
subject to
ct + kt+1 Akt
A > 0,
(0, 1), k0 > 0,
(2)
c1 given.
Applied Macroeconomics
ECON 5011B 2013
Problem Set 2
Professor Ahmet Akyol
Questions
1. Consider the following innitely-lived representative agent in an innite-horizon economy. The representative agents preferences are given by
t ( ln ct + (1 ) ln lt ),
York University
Faculty of Graduate Studies
Department of Economics
GS/ECON 5011 B: Applied Macroeconomics
Fall 2013
Professor Ahmet Akyol.
Oce: Vari Hall 1050.
Phone: (416)7362100 ext.77044.
Email: [email protected]
Lecture Hours & Location: M 8:30-1
Applied Macroeconomics
ECON 5011B 2013
Problem Set 1
Professor Ahmet Akyol
Questions
1. Consider a one-period, closed economy consisting of a representative household, a
representative rm, and a government. Each economic agent acts as a price taker
in per
Applied Macroeconomics
ECON 5011B
Problem Set 3 2013
Professor Ahmet Akyol
Questions
1. Consider the following overlapping generations economy. Time is discrete, and is denoted by t = 0, 1, 2. Agents live for two periods. In the rst period of their life,
Econ 5011 - Final Exam 23 April 2004
Part A - do all 3 problems
Problem 1. Consider the standard Ramsey model. Notation is standard, and the system of differential equations characterizing the dynamics of the economy is given by
k = f (k) - c - (n + g)k w
York University
Department of Economics
ECON 4010A
Advanced Macroeconomic Analysis
Professor Tasso Adamopoulos
Simple Two-Period Model
October 9, 2006
Consider a simple two-period economy, which is populated by a large number of identical
individuals. Ind
York University
Department of Economics
GS/ECON 5011
Applied Macroeconomics
Professor Tasso Adamopoulos
Answer to Practice Exercise for Ch.4
1. A competitive equilibrium is a sequence of prices cfw_w(t), r(t), P (t) and a sequence of
t=0
allocations cfw_C
York University
Department of Economics
GS/ECON 5011
Applied Macroeconomics
Fall 2008
Professor Tasso Adamopoulos
Answers to Sample Test 1
1. (a) Following the steps we did in class you should derive the following law of motion for
capital per unit of eec
Econ 5011 - Midterm Exam 9 February 2005
Problem 1. Consider the Solow model with Cobb-Douglas production, where capital per eective worker evolves according to k(t) = sf (k(t) (n + g + )k(t). The notation is completely standard: total capital is K(t); k(
Problems with solutions for Econ 5011
Nils-Petter Lagerlf o Department of Economics York University, Canada [email protected] January 6, 2005
1
1
1.1
Problems
Preliminaries
Problem 1 Consider this differential equation: Z(t) = a - bZ(t), (1)
where a
Problems for the graduate M.A. course in Applied Macroeconomics 5011 York University, Winter 2004 Problem Set 1 (due in class Monday January 26th, 2004): (1) Do problems 1.2, 1.5, and 1.10 (a) in the book. (2) Consider the standard Solow model. The capita