Chapter 7
A proximate determinant
of long-run growth:
Productivity
Introduction: Proximate determinants
Physical capital
Population growth
Human Capital
Productivity
Health
Education
Technology
Efficiency
International trade
1
Introduction: Productivity
The M oney M arket
M
M s=
P
M d = L(Y,i) = k Y-h i
M d
k=
Y
M d
h=
i
equilibrium in the mone y m arket M s=
M
= M d = k Y-h i
P
k
Ms
Y
= LM curve
h
h
i
1
so
=
M (L / i )
i*=
and
1
(i + M d )
k
Y
1
so
=
M (L / Y )
Y=
Ch. 4 1. The budget line A) represents the set of all baskets the consumer can afford. B) represents the set of all baskets the consumer can afford while spending all available income. C) represents the set of all baskets that give the consumer the same l
Chapter 6
A third proximate determinant
of long-run growth:
Human Capital
Introduction
Role of capital
Role of population growth
Role of other production factors:
Human
Capital
Role of world trade
Role of productivity
Technology
Efficiency
Human capit
Assignment 2 Solutions:
ECO2144 B, Fall 2011
Deadline: November 10th, 2011, on class, 5:30pm
5.8
David has a quasi-linear utility function of the form U(x, y) = x + y, with associated marginal
utility functions MUx = 1/(2x) and MUy = 1.
a) Derive Davids d
CHAPTER 16
Interest Rates, Investment, and Capital
Markets
MULTIPLE CHOICE
Choose the one alternative that best completes the statement or answers the question.
1) Suppose a person has a discount rate of zero. This implies that she
A) places no value on t
ECO2144B Fall 2011
Solution of Assignment 1: Brief Answers
1.12 Suppose the supply curve for wool is given by Qs = P, where Qs is the quantity
offered for sale when the price is P. Also suppose the demand curve for wool is given by Qd
= 10 P + I , where Q
CHAPTER 10
General Equilibrium and Economic Welfare
MULTIPLE CHOICE
Choose the one alternative that best completes the statement or answers the question.
1) General equilbrium analysis is the study of
A) how an equilibrium is determined in all markets sim
CHAPTER 17
Uncertainty
MULTIPLE CHOICE
Choose the one alternative that best completes the statement or answers the question.
1) Although he is very poor, Al plays the million-dollar lottery everyday because he is certain
that one day he will win. Al makes
Practice Problems:
Chapter 8
8.5. A firm produces a product with labor and capital, and its production function is described by Q =
LK. The marginal products associated with this production function are MPL = K and MPK = L. Suppose
that the price of labor
1
Chapter 15 - Suggested Problems
#1) Melanie has $60,000 in the bank (which is fully secure), and a coin collection valued at $40,000 that she
keeps at home. She believes that there is a 30 percent chance that somebody will break into her house and
steal
EconS 301 Intermediate Microeconomics
Review Session #9 Chapter 12: Capturing Surplus
1.
With second-degree price discrimination
a)
b)
c)
d)
The firm tries to price each unit at the consumers reservation price.
The firm offers consumers a quantity discoun
EconS 301
Review Session #8 Chapter 11: Monopoly and Monopsony
1.
Which of the following describes a correct relation between price elasticity of demand and a
monopolists marginal revenue when inverse demand is linear, P = a-bQ?
a)
Demand is elastic when
Student Name_
Student Number_
Department of Economics
University of Ottawa
ECO2145
Microeconomic Theory I
Midterm 2
P Brochu
Winter 2011
Instructions:
1. Print your name and student number at the top of this exam.
2. Each multiple choice is worth 1 mark.
Lecture Slides Week #1
L
Slid W k
Game Theory Concepts
W a s Ga e?
What is a Game?
• There are many types of games, board games, card games, video
games, field games (e.g. football), etc.
• We focus on games where:
– There are 2 or more players.
p y
– Th
ECO303: Intermediate Microeconomic Theory (Balak, Spring 2008
Game Theory (ch 14) 1. Game theory refers to A) a plan for the actions that a player in a game will take under every conceivable circumstance that the player might face. B) a situation in which
ECON 3113 Chapter 13 Notes
Chapter 13Market Structure and Competition:
homogeneous products oligopoly markets- small # of firms that have virtually the same
attributes, performance characteristics, image, and price; (ex: U.S. salt industry)
o unlike perf
ECON 3113 Chapter 12 Notes
Chapter 12Capturing Surplus:
price discrimination- charging different prices for different consumers; offers monopolist,
or any firm with market power, ability to capture surplus
to exercise price discrimination:
o firm must h
ECON 3113 Chapter 11 Notes
Chapter 11-Monopoly and Monopsony:
firm in perfectly competitive market has inconsequential impact on market priceprice
taker
monopolist sets market price for its productthe higher the price it sets, the fewer units
of its pro
EconS 301 Intermediate Microeconomics
Review Session #10 Chapter 13: Market Structure and Competition
Exercise 13.2. A homogeneous products duopoly faces a market demand function given by
P 300 3Q , where Q Q1 Q2 . Both firms have constant marginal cost M
CHAPTER 11
Monopoly
MULTIPLE CHOICE
Choose the one alternative that best completes the statement or answers the question.
1) For a monopoly, marginal revenue is less than price because
A) the firm is a price taker.
B) the firm must lower price if it wishe
CHAPTER 12
Pricing
MULTIPLE CHOICE
1) Which of the following conditions must be true so that a firm can price discriminate?
A) There are no other firms in the market.
B) The good is a non-durable.
C) The good cannot be easily resold.
D) All of the above.
4/3/2012
Government
and fiscal stimulus
A story about expectations
Can a government revive a sluggish economy?
1
4/3/2012
2008 recession
Negative GDP growth from 2008IV to 2009II.
The situation was bad all thru 2008.
Remember:
Y = C + I + G + (EX IM)
2
MACROECONOMIC THEORY I
ECO2142 B
Fall 2015
HOMEWORK ASSIGNMENT 5
(due on December 9th)
1. (50 points) Consider the AD/AS model built from the IS/LM , with an upward sloping SRAS.
The economy was operating at full employment, but it is suddenly hit by unfa
Assignment 1
EC270: Microeconomic Theory I - Fall 2016
Due:
4:00pm, Friday September 23, 2016
Submission Location:
Dropbox, third flood of Lazaridis Hall (across from LH3025)
Name:
Student Number:
A
EC270 Section:
or
B
Question 1:
/ 10
Question 2:
/8
Ques
MACROECONOMIC THEORY I
ECO2142 B
Fall 2015
HOMEWORK ASSIGNMENT 3
(due on Monday, November 9th)
1. (30 points) This morning, the price of an Ikea Stockholm armchair was CAD 499 on Ikea.com/ca
(Canadian website), USD 499 on Ikea.com/us (US website), EUR 349
MACROECONOMIC THEORY I
ECO2142 B
Fall 2015
HOMEWORK ASSIGNMENT 4
(due on November 30th)
1. (24 points) In the Keynesian model, the consumption function is C = 0.9(Y T ), planned
investment I is equal to $500, taxes T are $100, and government spending G is
Crer des applications Android
Auteurs : Philippe Lacomme, Raksmey Phan
Plan (ceci nest pas un cours)
Les outils ncessaires sont :
- Android SDK
- Eclipse
- Le plugin ADT de Eclipse
Outils: Prparation de lenvironnement
1. Installation pluging ADT pour Andr