ECON 2030: Microeconomic Policy
Topic 5: Redistribution II - Work Incentives and the
Labour-Leisure Model
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2013
Overview and feedback: lecture structure
Missing markets and market power:
Topic 2:
ECON2030: Microeconomic Policy Mid-semester Examination, Semester 2, 2011 B
Part A: Multiple Choice Questions
Answer ALL questions in Part A on the Multiple Choice Answer Sheet
1 mark for each correct answer; 19 marks in total
1. A point lying beyond the
ECON2030: Microeconomic Policy Final Exam MARKING GUIDE, Semester 2, 2011
Part A: Multiple Choice Questions
Answer ALL questions in Part A on the Multiple Choice Answer Sheet.
1 mark for each correct answer; 27 marks in total.
1.
2.
Which of the following
ECON 2030: Microeconomic Policy Mid-Semester Examination, Semester 2, 2009
Part A: Multiple Choice Questions
Answer ALL questions in Part A on the Multiple Choice Answer Sheet
1 mark for each correct answer; 20 marks in total
1)
_ questions have to do wit
ECON2030: Microeconomic Policy Mid-semester Examination, Semester 2, 2011 B
Part A: Multiple Choice Questions
Answer ALL questions in Part A on the Multiple Choice Answer Sheet
1 mark for each correct answer; 19 marks in total
1. A point lying beyond the
ECON2030: Microeconomic Policy Mid-Semester Examination, Semester 2, 2012
Part A: Multiple Choice Questions
Answer ALL questions in Part A on the Multiple Choice Answer Sheet
1 mark for each correct answer; 18 marks in total
1. Which of the following is a
ECON2030
Topic 1 Welfare Economics
welfare economics - branch of economic theory concerned with the social desirability of alternative
economic states
edgeworth box device used to depict the distribution of goods in a 2 good 2 people world
pareto efficien
ECON 2030: Microeconomic Policy
Topic 1: introduction and welfare economics
Dr. Ian A. MacKenzie
The University of Queensland
Semester 2, 2016
Objectives:
I
To outline perspectives on government
I
To investigate role of government
I
To recap welfare econo
ECON 2030: Microeconomic Policy
Topic 4: Information failures and health insurance
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2016
Overview and feedback: lecture structure
I
Missing markets and market power:
I
I
I
I
Topic 2: Environmental p
ECON 2030: Microeconomic Policy
Topic 6: Taxation
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2016
Overview and feedback: lecture structure
I
Missing markets and market power:
I
I
I
I
Topic 2: Environmental policy (externalities)
Topic 3: Co
ECON 2030: Microeconomic Policy
Topic 7: political economics
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2016
Overview: lecture structure
I
Missing markets and market power:
I
I
I
I
Equity:
I
I
I
Topic 2: Environmental policy (externalities)
ECON 2030: Microeconomic Policy
Topic 5: Redistribution II - Work Incentives and the
Labour-Leisure Model
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2016
Overview and feedback: lecture structure
I
Missing markets and market power:
I
I
I
I
T
ECON 2030: Microeconomic Policy
Topic 3: Competition policy
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2016
Overview and feedback: lecture structure
I
Missing markets and market power:
I
I
I
I
Topic 2: Environmental policy (externalities)
T
ECON 2030: Microeconomic Policy
Topic 5: RedistributionMeasurement & Concepts
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2016
Overview and feedback: lecture structure
I
Missing markets and market power:
I
I
I
I
Equity:
I
I
I
Topic 2: Enviro
COVER PAGE HERE
Part A: Multiple Choice Questions
Answer ALL questions in Part A on the Multiple Choice Answer Sheet
1 mark for each correct answer; 20 marks in total
1)
_ questions have to do with explanation and prediction, _
questions have to do with w
ECON2030: Microeconomic Policy Final Exam Answer Guide, Semester 2, 2010
Part A: Multiple Choice Questions
Answer ALL questions in Part A on the Multiple Choice Answer Sheet.
1 mark for each correct answer; 28 marks in total.
1. What is TRUE about every p
ECON7322/2320
Tutorial Exercises for Week 2
LINEAR PROGRAMMING INTRODUCTION
Q1. A company manufactures two types of electric toasters, the Watch-it and Pop-up models,
with net revenues of $10 and $20 respectively. Both types of toaster use the same kind o
ECON 2030: Microeconomic Policy
Topic 5: Redistribution Measurement Concepts
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2013
Overview and feedback: lecture structure
Missing markets and market power:
Topic 2: Environmental policy (externa
ECON 2030: Microeconomic Policy
Topic 7: political economics
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2013
Overview: lecture structure
Missing markets and market power:
Topic 2: Environmental policy (externalities)
Topic 3: Competition
Topic 4: Information Failures
and Health Insurance
To understand the nature of the market
failure in health insurance.
To develop analytical tools to analyse
choice under uncertainty.
To understand the issue of adverse
selection and potential solutions
Topic 2: Environmental Policy
Introduction: scope of environmental issues, the
nature of the market failure
Understand the operation of, and advantages and
disadvantages of different policies:
Private solutions (via the legal framework)
Pigouvian output
ECON 2030: Microeconomic Policy
Topic 6: Taxation
Dr. Ian A. MacKenzie
University of Queensland
Semester 2, 2013
Overview and feedback: lecture structure
Missing markets and market power:
Topic 2: Environmental policy (externalities)
Topic 3: Competiti
T HE U NIVERSITY OF QUEENSLAND, S CHOOL OF E CONOMICS
ECON 2030: Tutorial 4
Competition Policy
1 DWL OF M ONOPOLY
Assume that the inverse demand function is P = 100 2Q under both monopoly and competition. With competition MC = AC = $8, but monopoly is X-i
T HE U NIVERSITY OF QUEENSLAND, S CHOOL OF E CONOMICS
ECON 2030: Tutorial 1
Introduction and Welfare Foundations
1 T HE ROLE OF GOVERNMENT
What arguments can be put for government subsidies for university students? Are these
positive or normative argument
ECON2200
Management of Financial Institutions
LECTURE 2
The Payments System
Todays Topics:
Overview
The retail payments system
The wholesale payments system
Management of Exchange Settlement Funds
Reading: Hunt & Terry Ch 2
Bracoud Ch 1 excerpt (on Bl
Week 2
ECON2320/7322
Business & Economic Decision Techniques
LINEAR PROGRAMMING 2
AHEAD IN THIS LECTURE.
Further Examples of LP Problems
The Simplex Solution Method
Sensitivity Analysis
FORMULATION OF LP PROBLEMS
Formulation is the process by which we rep
T HE U NIVERSITY OF QUEENSLAND, S CHOOL OF E CONOMICS
ECON 2030: Tutorial 3
Environmental Policy
1 M ARKET FOR POLLUTION ABATEMENT
Assume that scientific studies provide you with the following information concerning the
benefits and costs of sulphur dioxi
T HE U NIVERSITY OF QUEENSLAND, SCHOOL OF ECONOMICS
ECON 2030: Tutorial 5
Health
1 RISK PREFERENCES AND EXPECTED UTILITY
Sarahs utility function is U (w ) w 1/2 , Janes isU (w ) w , and Rachels is U (w ) w 2 . All
three have the same initial wealth w 0 0.
T HE U NIVERSITY OF QUEENSLAND, S CHOOL OF E CONOMICS
ECON 2030: Tutorial 2
Environmental Policy
1 M ARKET FAILURE , P IGOUVIAN TAX
The private marginal benefit for commodity X is given by 10 X , where X is the number
of units consumed. The private margin