ECON 2210
Written Assignment 1
Hudsons Bay Company (HBC) stock prices are plummeting after lowering their sales forecast
outlook for this year, leading many to believe HBCs future is shaky and uncertain. HBC had less-thanstellar sales results from the hol
Chapter 14 Consumer Surplus
Econ 201 Intermediate Microeconomics
Shora Ebrahimi
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Monetary Measures of Gains-toTrade
You can buy as much gasoline as you wish at $1 per
gallon once you enter the gasoline market.
Q: What is the most you would
Chapter 15 Market Demand
Econ 201 Intermediate Microeconomics
Shora Ebrahimi
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From Individual to Market
Demand Functions
Think of an economy containing n consumers,
denoted by i = 1, ,n.
Consumer is ordinary demand function for
commodity j
Chapter 22 Cost Curves
Econ 201 Intermediate Microeconomics
Shora Ebrahimi
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Types of Cost Curves
A total cost curve is the graph of a firms total cost
function.
A variable cost curve is the graph of a firms variable
cost function.
An avera
Chapter 19 Technology
Econ 201 Intermediate Microeconomics
Shora Ebrahimi
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Technologies
A technology is a process by which inputs are
converted to an output.
E.g. labor, a computer, a projector, electricity, and
software are being combined
Econ Assignment # 1
Name
:
Student #
:
1. How do secondary markets help carry out Direct Finance?
-
Borrowers can borrow funds directly from the lenders but that can involve significant risk
and complexities; instead when borrowers go through a financial
Foreign Exchange Market
Chapter 19
Bank of International Settlements Indicates that
trading in foreign exchange markets averaged $5.3
trillion per day in April 2013
Canadian Dollar makes up for about 4.6 % of this over
all trading volume.
USD/CAD closing
Economics 2210 Money and Banking
Tuesdays 7:00 pm 10:00 pm
Office hours: T & R 11: 30 am to 12:30 pm
Tuesdays (by appointment) 6 pm to 7pm
Office: 2220
Email: [email protected]
Text: Mishkin and Serletis: The Economics of Money,
Banking, and Financial Mar
What is Money?
And Introduction to Risk
Meaning of Money
Money - anything that is generally accepted in
payment for goods or services or in the repayment
of debts.
A stock concept.
Money and its conventional usage:
(Vs Income and Wealth)
Medium of Exchang
Understanding Interest Rates
& Asset Pricing
Chapter 4
Present Value: Discounting the Future
A dollar paid to you one year from now
is less valuable than a dollar paid to
you today.
Present Value (PV) - the value today of a
payment that is promised to b
An Economic Analysis of
Financial Structure
Topic 6- Chapter 8
Sources of External Finance for Nonfinancial
Businesses
Why is Indirect Finance so
Important?
Transactions Costs
Information Costs
Transactions Costs
Financial intermediaries reduce transactio
Chapter 5
The Behavior of Interest Rates
Motivation
Monetary Policy works primarily by
manipulating interest rates
What is Monetary Policy?
What is Fiscal Policy?
Interest rates are determined by the demand
and supply for bonds
We look at three perspectiv
Chapter 8 Slutsky Equation
Econ 201 Intermediate Microeconomics
Shora Ebrahimi
[email protected]
Effects of a Price Change
What happens when a commoditys price
decreases?
Substitution effect: the commodity is relatively
cheaper, so consumers substitute it f
