ECON211 HW 1
All questions are to be completed!
Define economics. Explain briefly how the economic way of thinkingin terms of rational,
self-interested people responding to incentivesrelates to each of the following situations. (5
a. A studen
EFT Video Summaries- Assignment 2a
The first video named 4 EFT (Tapping Intro) by EFT Founder Gary Craig were results of
real people. It represented the possibilities if EFT is skillfully applied. EFT stands for emotional
Answers Fall 2014 Midterm
Suppose we are analyzing the market for hot chocolate. Graphically illustrate the impact
each of the following would have on demand or supply. Also show how equilibrium
price and equilibrium quantity would change.
a. Winter st
14th October, 2014
A developed country is used to describe countries that have a high level of development
according to some criteria. Some of the economic criteria that define a develo
Econ Chapter 3 Fall 2014
Indicate whether the statement is true or false.
1. In a market economy, government officials make most production decisions in a centralized manner.
2. Consumer sovereignty means that consum