Money Demand & Supply
ECO 2142
University of Ottawa
prof. Francesca Rondina
1 / 21
Money Demand and Money Supply
I
We will talk about more advanced topics related to money
demand and money supply.
I
This topic is covered in Chapter 19 in your book; we alr
MACROECONOMIC THEORY I
ECO2142 B
Fall 2016
INSTRUCTIONS: The homework is composed of two parts, questions 12 below, which require you
to write short answers, and 5 multiple choice questions.
You can upload a file with your answers to questions 12 in the
Student Name_ Student Number_
+
Department of Economics
University of Ottawa
ECO2144
Microeconomic Theory I
Midterm 1
P Brochu
Instructions:
1. Print your name and student number at the top of this exam.
2. Each multiple choice is worth 1 mark.
3. The max
1.Labour markets are different from most other markets because labour demand is
a) represented by an upward sloping line on a supplydemand diagram.
b) a derived demand.
c) a differentiated demand.
d) a demand for a final product.
2.In the Canadian econom
1.Labour markets are different from most other markets because labour demand is
a) represented by an upward sloping line on a supplydemand diagram.
b) a derived demand.
c) a differentiated demand.
d) a demand for a final product.
2.In the Canadian econom
UNIVERSITY OF OTTAWA
Department of Economics
ECO 3139 A
Fall 2016
Dr. M. Rafiquzzaman
Midterm Exam
Solution
_
SECTION 1: shortanswer questions
1.
Definitions (10 points) 2x5 = 10
(a)
Transaction costs: The costs of using the market to conduct business ar
UNIVERSITY OF OTTAWA
Department of Economics
ECO 3139 A
Fall 2016
Dr. M. Rafiquzzaman
Problem Set 1
Solution
_
1.
A homogeneous good industry is composed of 3 firms. You are given the following
information on output, price and marginal cost of each firm:
lOMoARcPSD
Lecture notes, Introduction to Macroeconomics
Introduction to Macroeconomics (University of Ottawa)
Distributing prohibited  Downloaded by john jack (ccicekcitoronto@gmail.com)
lOMoARcPSD
Todays Plan:
CHAPTER 6 CONTINUED: MEASURING THE COST OF
MACROECONOMIC THEORY I
ECO2142 B
PROF. FRANCESCA RONDINA
FALL 2015
Course schedule: Monday, 4:00pm5:30pm; Wednesday, 2:30pm4:00pm.
Course location: Tabaret Hall 333
Office: 9058 FSS (Social Science Building)
Office hours: Wednesday, 10:30am12:00pm
(ad
Review of Statistics
Francesca Rondina Introduction to Econometrics
Review of Statistics
Population vs. Sample
Many times, we want to answer quantitative questions that are related to the distribution
of a random variable in a large group of people, the p
Review of Probability
Francesca Rondina Introduction to Econometrics
Review of Probability
Random Variable: a variable whose possible values are numerical outcomes of a random
phenomenon.
There are two types of random variables, discrete and continuous.
E
Homework 1
ECO3151 Introduction to Econometrics  Fall 2016
The assignment is due by 5:00pm on October 19th. You can submit a paper copy of your answers and
STATA files, or send me everything by email. In this second case, I will confirm that I have recei
ECO3151 ASSIGNMENT #2 / BENJAMIN REIST / STUDENT ID: 8570389 / DUE: DEC2 nd
1. A)
Regression output by STATA shown below:
Therefore, using:
1 0.551
as the baseline specification. Also,
1. A)
Regression output by STATA shown below:
2 0.093
, and the
R 2
Examples about the sampling distribution of
the OLS estimator
ECO 3151
University of Ottawa
Francesca Rondina
1 / 12
Example about the properties of the OLS estimator
I
Assume that the true model is:
Yi = 0.5 + Xi + ui
so 0 = 0.5 and 1 = 1.
I
I generated
Introduction to Econometrics
ECO 3151
University of Ottawa
Francesca Rondina
(Many thanks to Jason Garred for making his Lecture Notes
available)
1 / 10
Introduction
I
What is econometrics?
I
I
Econometrics is the application of statistical methods to
eco
Properties of the OLS estimator
ECO 3151
University of Ottawa
Francesca Rondina
1/7
Where we left.
I
The model of interest is:
Yi = 0 + 1 Xi + ui
I
The parameters 0 and 1 are unknown; we want to estimate
them using a sample of data on the variables Y and
The OLS estimator
ECO 3151
University of Ottawa
Francesca Rondina
1/9
The linear regression model
I
The model of interest is:
Yi = 0 + 1 Xi + ui
I
The parameters 0 and 1 are unknown; we want to estimate
them using a sample of data on the variables Yi and
Homework 2
ECO3151 Introduction to Econometrics  Fall 2016
The assignment is due by 5:00pm on Friday, December 2nd. You can submit a paper copy of your answers
and STATA files, or send me everything by email. In this second case, I will confirm that I ha
The Price Leadership or Dominant Firm Model
I think this model is easiest to learn diagrammatically,
and then mathematically. Here is the graph and then an
explanation of what is happening:
Price
MCCF  Sum of marginal
costs of competitive
fringe
Total
De
University of Ottawa
ECO1104B
Name (print): _
Student Number: _
Second Midterm (November 24, 2016)
Instructions: Please fill in your name/initials and student number on every oddnumbered page of both
questionnaire and on the Answer Sheet provided. Use th
Macro Day 1
Aplia
First due Monday jan 26
Last due Monday April 13
3 chances for every question

no chapters 3 and 4
learn material in the apendic to chapt 2
Intro To Macro
Chapter 1
Economics study of how scares resouces are allocated amoung alterna
Assignment Answers: ECO 1192 B
(Fall 2016)
CHAPTER 2
1) If the effective equivalent annual interest rate is 22.2%, and interest is
compounded quarterly, what is the corresponding nominal annual interest
rate?
The following information are given:
The effec
Supply, Demand, Government Policies Chapter 6
Price Controls

Price Ceiling
o A legal maximum on the price of a good or service
Price Floors
o A legal minimum on the price of a good or service
A price ceiling set below the equilibrium price is binding. I
ECO3151B
MIDTERM EXAM
TIME: 70 minutes February 27, 2015
Professor: M. Rafiquzzaman
Winter 2015
_
1. A researcher is using data on prices (measured in $) and quantities of oranges
(measured in pounds) sold in a supermarket on twelve consecutive days in or
Chapters 5, 6, 7 and 8 Home Work Problems_ Solution
Chapter 5
1.
Write y = 0 + 1 x1 + u, and take the expected value: E(y) = 0 + 1 E(x1) + E(u), or
y = 0 + 1 x since E(u) = 0, where y = E(y) and x = E(x1). We can rewrite this as
= y  x. Now, = y x . Tak
Chapter 4 Home work problem solution
2.
(i) H0: 3 = 0. H 1: 3 > 0.
(ii) The proportionate effect on salary is .00024(50) = .012. To obtain the
percentage effect, we multiply this by 100: 1.2%. Therefore, a 50 point ceteris paribus
increase in ros is predi
1
Chapter 3 Home work problem solution
1.
(i) hsperc is defined so that the smaller it is, the lower the students standing in high school.
Everything else equal, the worse the students standing in high school, the lower is his/her
expected college GPA.
(i
1
Dr. M. Rafiquzzaman
ECO 3151A
Spring/Summer 2016
Chapter 2 Home work problem solution
2.
In the equation y = 0 + 1x + u, add and subtract 0 from the right hand side to get y = ( 0 + 0)
+ 1x + (u 0). Call the new error e = u 0, so that E(e) = 0. The new