Principles of Microeconomics I
Lekima Nalaukai
EC102
Semester II, 2016
Tutorial 6 Suggested Solutions
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1) Total fixed cost is the sum of all
A)
Principles of Microeconomics I
EC102
Lekima Nalaukai
Semester II, 2016
Tutorial 7 Suggested Solutions
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1) The unregulated, single-price monopoly
Principles of Microeconomics I
EC102
Lekima Nalaukai
Semester II, 2016
Tutorial 11 Suggested Solutions
Chapter 8
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1) Which of the following is t
Principles of Microeconomics I
EC102
Lekima Nalaukai
Semester II, 2016
Tutorial 9 Suggested Solutions
Chapter 17
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1. Because of the income effec
Principles of Microeconomics I
Lekima Nalaukai
EC102
Semester II, 2016
Tutorial 12 Suggested Solutions
Chapter 11
Part A: MULTIPLE CHOICES. Choose the one alternative that best completes the statement or
answers the question.
1. Discrimination by customer
Principles of Microeconomics I
EC102
Lekima Nalaukai
Tutorial 10 Suggested Solutions
Chapter 9
II,Semester
2016
Part A: MULTIPLE
CHOICES
. Choose the one alternative that best completes the statement or
answers the question.
1. A private cost is a cost of
HOW TO DERIVE MARGINAL REVENUE:
The total revenue (TR) received from the sale of Q goods at price P is given by TR = PQ. Based on the
total revenue we can obtain another key concept: marginal revenue. Marginal revenue (MR) can be
defined as the additional
COMPUTER EXERCISE ONE
. tsset year
time variable: year, 1983 to 2012
delta: 1 unit
. reg y k
Source |
SS
df
MS
Number of obs =
-+- F(1, 28)
Model | 23553869.7
Residual | 309891.635
30
= 2128.19
1 23553869.7 Prob > F
= 0.0000
28 11067.5584 R-squared
= 0.98
Z Value Determination:
ZA notation is used to represent the value of z such that the area to its right under the standard
normal curve is A. That is ZA is a value of a standard normal random variable such that
P (Z > ZA) = A
1.7 is used as an example in t
Fiji Households Income and Expenditure Survey Results
2004-05
Assignment 1
Semester 1, 2013
Due 31st May 2013
Introduction:
Fijis Household income and expenditure survey is designed to
Question 1
[7 marks]
Develop an Exact frequency distribution using Piv
The University of the South Pacific
Chapter 4
Numerical descriptive measures
Week 4
Mr. Markand Bhatt
EC203 Economic Statistics
Semester 1, 2013
Numerical Descriptive Techniques
Measures of central location
Mean, median, mode
Measures of variability
Ran
The University of the South Pacific
EC203 Economic Statistics
Semester 1, 2013
EC203
Week 2 Sampling
Ref. :Chapter 6
Mr.Markand Bhatt
Statistics
Deals with
Collection
Organisng,
summerising,
Presenting (Unit 2)
Analysing &
Population (N)
If Collecting dat
The University of the South Pacific
Tutorial 1 Introduction to Statistics
EC203 Economic Statistics
Semester 1, 2013
Ashley Heil s11097719
Phone: 9445606
Learning Outcomes
Key statistical concepts
Descriptive and inferential statistics
Role of statistics
The University of the South Pacific
Tutorial 11
ch.14 Simple linear regression
EC203 Economic Statistics
Semester I, 2013
Q1.
A professor of economics wants to study the relationship between income y (in $1000s) and education x (in years). A random sample
The University of the South Pacific
Chapter14
Simplelinearregression
week1112
MarkandBhatt
EC203 Economic Statistics
Semester 1, 2013
Introduction
Our problem objective is to analyse the relationship
between numerical variables; regression analysis is the
The University of the South Pacific
EC203 Economic Statistics
Semester 1, 2013
EC203
Week 3 Graphical descriptive methods
Ref. :Chapter 2
Mr. Markand Bhatt
Learning Outcomes:
Level of measurements
Computing Frequency distributions and Histogram
Presenting
Chapter 12 :Hypothesis testing: Describing a single
population (week 10)
Introduction
The purpose of hypothesis testing is to
determine whether there is enough statistical
evidence in favour of a certain belief about a
parameter.
Meaning hypothesis test i
The University of the South Pacific
Chapter 10
EC203 Economic Statistics
Semester 1, 2013
Sampling distributions
( Week 8 Lecture 1: 15st April 2013 )
Learning Outcomes : see Page 347
Markand Bhatt
School of Economics
Introduction
The process of drawing
Chapter 12 :Hypothesis testing: Describing a single
population (week 10)
Introduction
The purpose of hypothesis testing is to
determine whether there is enough statistical
evidence in favour of a certain belief about a
parameter.
Meaning hypothesis test i
The University of the South Pacific
Serving the Cook Islands, Fiji, Kiribati, Marshall Islands, Nauru, Niue, Samoa, Solomon Islands, Toke lau, Tonga, Tuvalu, and
Vanuatu.
SCHOOL OF ECONOMICS
EC203: ECONOMIC STATISTICS
(F2F Mode)
FINAL EXAMINATION S1, 2012
The University of the South Pacific
Lab 4 Numerical Descriptive Measures (Text Ref. :Ch.4)
EC203 Economic Statisti
Semester 1, 20
Access Fiji Farm Survey data set from MOODLE.
Fiji Farm Survey data set is taken from a survey of Sugar cane Farmers in Fiji
The University of the South Pacific
Lab 7 Sampling distributions (Text Ref. :Ch.10)
EC203 Economic Statistics
Semester 1, 2013
In this computer session we will be using Excel to see how we can generate random samples from a normal
distribution. In particu
The University of the South Pacific
EC203: ECONOMIC STATISTICS
EC203 Economic Statistics
Semester I, 2012
Semester 1 2012
Test 1 version A
Instructions
1.
2.
3.
4.
5.
6.
Permitted Materials: Calculator
Provided Materials: Appropriate formulas and statisti
The University of the South Pacific
Lab Practice 1 Sampling (Week 1)
EC203 Economic Statistics
Semester 1, 2013
Introduction : Basic statistical analysis can be done easily in Microsoft Excel and some plug
ins, one of which is Data Analysis ToolPak an Exc
The University of the South Pacific
EC203 Economic Statistics
Semester I, 2012
EC203: ECONOMIC STATISTICS
Test 2 (15%) Answers
Part A (40 marks)
Semester 1 2012
Q1. The personnel department of Ministry of Education has compiled data on promotion of second
Growth & Investment
1
Investment Ratio and Growth
B. Bhaskara Rao
rao b@usp.ac.fj
University of the South Pacic, Suva (Fiji)
Abstract
In growth and development policy investment ratio is an important
policy instrument. However, there is no well dened fram
Jaysel Shah
February 22, 2013
Baboons Ethogram:
a. Stand: scanning the area in quadrupedal manner
b. Resting: lying down on the dorsal side of the body
c. Carry infants: infants cling to their mothers with their dorsal side facing
downwards and while the
BUSINESS STATISTICS (DCA 102)
CHAPTER 10 : SAMPLING AND ESTIMATION
CHAPTER TEN : SAMPLING AND ESTIMATION
Introduction
To learn the population characteristics we have to use samples. A sample is a
proportion or sub-set of the population, and is used to pre