Economics 1011a: Microeconomic Theory
Lecture 6
Giacomo A. M. Ponzetto
September 18, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
September 18, 2014
1 / 25
Should the Government Run Anti-Soda Ads?
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
Se
Economics 1011a. Microeconomic Theory. Fall 2014
Project 1 Sample Solution
This assignment was loosely based on the Death of Distance model (Glaeser and Ponzetto, 2007). Those
who are interested in learning more could consult the original paper or Prof. P
Economics 1011a: Microeconomic Theory
Midterm Solutions
October 21, 2014
Instructions
1. The exam is closed book. No calculators are allowed.
2. Use a dierent blue book for each of the three sections of this exam.
3. You may begin at 11:37. You must nish
EC 1011a Final
January 15, 2003
Prof. Edward Glaeser
You have three hours to complete this exam, and the exam is worth 200 points.
PLEASE PUT EACH PART (MATH, TRUE/FALSE, VERBAL) INTO SEPARATE
BLUE BOOKS. ALSO, BE SURE TO PUT YOUR NAME ON ALL OF YOUR
BLUE
Assume that, in a world with uncertainty, there are two assets. The first is a riskless asset
that pays 1 dollar. The second pays amounts a and b with probabilities and 1 ,
respectively (assume a b. Denote the demand for the two assets by x 1 , x 2 .
Supp
Economics 1011a: Microeconomic Theory
Final Exam: A Musical in Five Acts
December 19, 2014
Instructions
(1) You have 180 minutes to work on the exam. For every minute that you continue to work on the exam
after time is up, you lose 4 points o your total s
EC 1011a Final Exam Solutions
January 18th, 2005
Prof. Edward L. Glaeser
PART I Mathematical Exercise (120 POINTS TOTAL).
DO ALL MATHEMATICAL EXERCISES IN BLUEBOOK I. IF YOU NEED TWO
BLUEBOOKS FOR THIS SECTION PLEASE LABEL THEM (1/2) AND (2/2).
PROBLEM 1
Economics 1011a. Microeconomic Theory. Fall 2010
Midterm
October 26, 2010
The exam is closed book. No calculators are allowed.
You have 80 minutes. Good luck!
Warm-up: Capitalist Heart (30 points)
Bill starts a software company that uses his own labor inp
Answer Key: PART I (Long Math): NeXT [40 points]
1. [3 points] Education sectors has a standard Cobb-Douglas utility function, which implies
that
1
1
, h= .
s=
2ps
2
2. [3 points] When consumers favor NeXTs over PCs, the budget constraint includes only on
Economics 1011a: Microeconomic Theory
Lecture 10
Giacomo A. M. Ponzetto
October 2, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
October 2, 2014
1 / 33
StateTable 436. State and Local GovernmentsRevenue and Expenditures
and Local and 2008
by Functi
Economics 1011a: Microeconomic Theory
Midterm
October 21, 2014
Instructions
1. The exam is closed book. No calculators are allowed.
2. Use a dierent blue book for each of the three sections of this exam.
3. You may begin at 11:37. You must nish by 1:00. F
Economics 1011a: Microeconomic Theory
Final Exam Solutions: A Musical in Five Acts
December 19, 2014
Instructions
(1) You have 180 minutes to work on the exam. For every minute that you continue to work on the exam
after time is up, you lose 4 points o yo
Economics 1011a: Microeconomic Theory
Lecture 16
Giacomo A. M. Ponzetto
October 28, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
October 28, 2014
1 / 44
Price Floors and Ceilings
Rent control was imposed in the U.S. during World War II
Along with
Economics 1011a: Microeconomic Theory
Lecture 4
Giacomo A. M. Ponzetto
September 11, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
September 11, 2014
1 / 28
Corporate Income Tax
The federal government imposes income taxes on corporations
Progressiv
Economics 1011a: Microeconomic Theory
Lecture 2
Giacomo A. M. Ponzetto
September 4, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
September 4, 2014
1 / 31
The Work Opportunity Tax Credit (WOTC)
Introduced in 2009, extended through 2013
In the past
Economics 1011a: Microeconomic Theory
Lecture 11
Giacomo A. M. Ponzetto
October 7, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
October 7, 2014
1 / 33
The War on Drugs
The US imposes sti penalties for drug sales and consumption
Some states have we
Economics 1011a: Microeconomic Theory
Lecture 15: Crime, Punishment, and Riots
Giacomo A. M. Ponzetto
October 23, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
October 23, 2014
1 / 38
FIGURE 1
Homicide Victimization in the United States, 1950-2010
Economics 1011a
Section 0 : Math Review1
9/4/2014
(1) Partial dierentiation; (2) Total dierentiation; (3) Implicit functions; (4) Optimization
TF: Kevin He ([email protected])
1
Partial dierentiation
1.1 What is a partial derivative? Lets think back to
Economics 1011a
Section 0: Math Review
TF: Kevin He
September 4, 2014
Hello world
Welcome to the math review section. Im Kevin, one of the four
TFs for Economics 1011a.
Hello world
Welcome to the math review section. Im Kevin, one of the four
TFs for Econ
Economics 1011a
Section 1 : Optimization, Modelers Best Friend1
9/9/2014
(1) Modeling tips; (2) 1 variable,1 parameter maximization; (3) Firms problem
TF: Kevin He ([email protected])
1
Modeling tips
1.1 Optimization is king. The models you write for t
Economics 1011a: Microeconomic Theory
Lecture 14
Giacomo A. M. Ponzetto
October 16, 2014
Giacomo Ponzetto
Ec 1011a: Microeconomic Theory
October 16, 2014
1 / 41
Compensating Dierentials
Today we are going to tackle a completely new topic
We will use the p
Economics 1011a: Microeconomic Theory
Final Exam
December 13, 2013
Instructions
1. You have 180 minutes to work on the exam. There are a total of 180
points.
2. For every minute that you continue to work on the exam after time us
up, you lose 4 points o y
Economics 1011a. Microeconomic Theory. Fall 2010
Midterm Solutions
October 29, 2010
Warm-up: Capitalist Heart (30 points)
1. The companys prot maximization problem is
1
1
max pB 3 (qE) 3 B wE.
B,E
The rst order conditions are
1 2 1 1
pB 3 q 3 E 3 = 1,
3
1
Economics 1011a. Microeconomic Theory. Fall 2011.
Final
December 20, 2011
Instructions
1. You have 180 minutes to complete this exam. There are a total of 180 points.
2. For every minute that you continue to work on the exam after time is up, you lose 4%
Economics 1011a. Microeconomic Theory. Fall 2012.
Final
December 17, 2012
Instructions
1. You have 180 minutes to complete this exam. There are a total of 180 points.
2. For every minute that you continue to work on the exam after time is up, you lose 4 p
Economics 1011a. Microeconomic Theory. Fall 2010
Final Exam
December 14, 2010
The exam is closed book. No calculators are allowed.
Please write each problem in a separate bluebook.
You have 180 minutes. Good luck!
Techno Warm-up (30 points)
A rm uses capi