Lesson #1
09/07/2012
The Central Questions of Economics
What gets produced?
How does it get produced?
Who gets what is produced?
The Essence of a Market System
Self interest, checked by competition, within a framework of law
Four Central Concepts of Econo
CAS EC 445 Risk and Finance
Assignment 2
Due 10/7/16
Solutions
1. Assume that the expected rate of return on the market portfolio M is M = 23% and
the rate of return on T-bills is rf = 7%. The standard deviation of the market is
M = 32%: Assume that the m
CAS EC 445 Risk and Finance
Assignment 3
1. (a) Consider the following portfolio allocation problem. An investor has initial wealth
w0 = 100: The investor allocates the amount x to stocks, which provide return
r = 0:30 in a good state that occurs with pro
CAS EC 445 Risk and Uncertainty/Financial Economics
Syllabus
Fall 2016
Course description
This is an advanced undergraduate course in nancial economics, with focus on investment
analysis and asset evaluation. The course is intended for students without pr
CAS EC 445 Risk and Finance
Assignment 3
Solution
1. (a) Consider the following portfolio allocation problem. An investor has initial wealth
w0 = 100: The investor allocates the amount x to stocks, which provide return
r = 0:30 in a good state that occurs
CAS EC 445 Risk and Finance
Assignment 1
Due 9/23/16
1. Consider two risky assets, 1 and 2; with mean and risk as follows:
Asset
1
0:10 0:15
2
0:18 0:30
Suppose further that
12
= 0:10:
(a) Find the minimum variance portfolio.
(b) What is the expected retu
Boston University Study Abroad London
Economics and Finance Internship Seminar
Summer 2016
Instructor Information
Name: Dr Parvin Alizadeh
Day and Time:
Seminar 1: Wed 29 June (Groups A&B), 1.15-2.45 pm, Prince Consort
Seminar 2:
Group A, Tuesday,12th Jul
CAS EC 445 Risk and Finance
Assignment 1
Solution
1. Consider two risky assets, 1 and 2; with mean and risk as follows:
Asset
1
0:10 0:15
2
0:18 0:30
Suppose further that
12
= 0:10:
(a) Find the minimum variance portfolio.
(b) What is the expected return
CAS EC 445 Risk and Finance
Assignment 2
Due 10/7/16
1. Assume that the expected rate of return on the market portfolio M is M = 23% and
the rate of return on T-bills is rf = 7%. The standard deviation of the market is
M = 32%: Assume that the market port
CAS EC 445 Risk and Finance
Practice Midterm Exam
Fall 2016
I Please write your answers in the blue booklets provided
I Write your name on the blue book in pen
I Good luck!
1. (a) What are the underlying assumptions in Markowitzmodern portfolio theory and
FE 458
Equities and Securities Analysis
w. Louis Salemy
PAPER:
ESPN Paper due 09/26-2016
Student Name:
In order to assess whether or not ESPN is a buy-, or sell-recommendation, the analyst need to gain a
deeper understanding of the TV-media market and how
EC 501: Problem Set 4, Solutions
1. (a) With a Cobb-Douglas utility function, the household will maintain
fixed budget shares of the goods, with the shares in this example being
f = 21 and c = 12 . Then, since I = $100, pf = $1, pc = $1, the initial
consu
EC 501: Problem Set 3, Solutions
1. (a) Comparing situations 1 and 2, we can see I is the same at $90, but p2
has fallen from $1 to $ 21 . So
12:
1
price ef f ect of p2 f rom $1 to $ .
2
We see that X2 rises from 40 to 84 so
X2 = 44.
If we compare situati
CAS EC 201
Semester XXX
Final Exam
XXX
Name (Print):
SOLUTIONS
This test contains X questions on XX pages. Check to see if any pages are missing. Please show all work and clearly
label solutions on the exam. Anything I cannot read, I will not grade. You m
CAS EC 201
Spring 2016
Midterm 2: Production Theory
Apr 7
Name (Print):
This test contains 6 questions on 4 pages. Check to see if any pages are missing. Please show all work and clearly
label solutions on the exam. Anything I cannot read, I will not grad
CAS EC 201
Spring 2016
Midterm 1: Consumer Choice Theory
23 Feb. 2016
1
Short Answers
Name:
SOLUTIONS
(4 questions, 40 total points)
Answer all of the following questions. Answers should be Facebook-status-update length: 2-3 sentences.
A
B
B
C
C
1. (10 po
EC 201
Spring 2016
Homework 2
Name(s):
Answer all the questions below. You may work in groups of up to five (5) students; please ensure that everyone in the group is credited. Please hand in one assignment per group. Please show all work for full credit.
EC 201
Spring 2016
Homework 6
Name(s):
Answer all the questions below. You may work in groups of up to five (5) students; please ensure that everyone in the group is credited. Please hand in one assignment per group. Please show all work for full credit.
EC 201
Spring 2016
Homework 1
Name(s):
Answer all the questions below. You may work in groups of up to five (5) students; please ensure that
everyone in the group is credited.
Questions from text:
Chapter 2, questions 1, 6, & 7
Solution:
2.1
2p1 x1 + 8p2
EC 201
Spring 2016
Homework 4
Name(s):
Answer all the questions below. You may work in groups of up to five (5) students; please ensure that everyone in the group is credited. Please hand in one assignment per group. Please show all work for full credit.
EC 201
Spring 2016
Homework 7
Name(s):
Answer all the questions below. You may work in groups of up to five (5) students; please ensure that everyone in the group is credited. Please hand in one assignment per group. Please show all work for full credit.
EC 201
Spring 2016
Homework 5
Name(s):
Answer all the questions below. You may work in groups of up to five (5) students; please ensure that everyone in the group is credited. Please hand in one assignment per group. Please show all work for full credit.
EC 201
Spring 2016
Homework 3
Name(s):
Answer all the questions below. You may work in groups of up to five (5) students; please ensure that everyone in the group is credited. Please hand in one assignment per group. Please show all work for full credit.
Lecture Notes in
Microeconomic Theory
This is a revised version of the book, last updated January 1st, 2016.
Please e-mail me any comments and corrections.
Ariel Rubinstein
rariel@post.tau.ac.il
Lecture Notes in
Microeconomic Theory
The Economic Agent
Sec
Lucky the apricot poodle
Organizations and
Institutions
Families, Corporations, States
Big ideas
Institutions exist before individuals and
constrain individuals to see, think, and act.
By setting rules, standards, ways-of-doingthings that allow for soci
What is Economics 103 About?
And why should I care?
Economics is the production and
distribution of well-being.
In America, we organize our economy
in a capitalist system where a few
people own the means of
production and employ others.
Is capitalism eff