7 Professor Rumilly
16 September 2014
Chicago Board of Trade
1. Because St Louis had no central marketplace, it would behave more like a tourist trap
03 because buyers in St Louis would not know where to
Guidelines for Doing the Written Portion of the Project
1) Summarize the assigned article(s).
2) Indicate whether you agree or disagree with the article(s), and why.
3) Use something from the textbook to support your point of view, and cite that.
4) Do ad
Be prepared to give a five-minute oral presentation on Wednesday, October 31, based
on your research and my comments I made on your paper.
Follow these guidelines:
Get to the point.
Talk while you put up a model or term on the blackboard.
Phillip Herr looks like many of the men who toil deep within the federal government. He wears blue suits.
He keeps his graying hair and mustache neatly trimmed. He has an inoffensively earnest manner. He also
has heavy bags under his eyes, which testify t
University of Bridgeport
The U.S. Postal Service Nears Collapse BusinessWeek
This topic represents analysis and report of what ails the U.S. Postal Service in
the past few years.
lWalter E. Williams, Big Corn and Ethanol Hoax, townhall.com, 3/12/08. (Sehann)
Jack and Suzy Welch, The Unemployment Act, businessweek.com, 3/12/07.
Jack and Suzy Welch, The Case for 20-70-10 - BusinessWeek, 9/25/06. (Ilka)
The Capital Market, Interest, and Profits
Personal and business level questions.
Provides a framework of evaluating new capital investments over time.
Lets start by distinguishing between real capital (bricks, mortar, machines, etc) and
Week 11 notes
Public Goods and Externalities
Perfect competition provides an efficient allocation of societys resources.
When one or more of the assumptions of perfect competition are not met, we have what
is called a market failure.
Private goods divisib
D) 15 SUVs
Use the following to answer. questions 2-5:
Figure: Market for Roses
Prie Bf D-omeefic
E [trimestic - v I
roses 1|; bums
2. (Figure: Marketfgr Roses) In the gure, consumer surplus W
Name: , 6 Date:
Use the following to answer'question 1:
Figure: Demand Curve for Oil
Priee of |
321 t: . . . . . . . . . . i n ,
20 _ . . , . . _ . .
.1 2 g
i 5 *
CI 9.9 m
Quantity of oiil
j Pridgen l
ProfessorRumillv 7 , . . . . . , _ _a
01 September 2014
1. The opportunity costs of having workers wander the floor searching for tools and parts
is decreased productivity. This means that
use the farming to answerquesons 1-23 '
Figure: Good X and Good Y
5 '3 3" #1 Q 1011 12
1. (Figure: Good X and Good Y) If we move from point B to point C in the gure, the x-
" and the yvariab
' '(VQ/W'Ft/k a
Name: 2 I 2 Date: ' .
' Use the following to answer'questions 15: M v 7 ~ - ~ 7- ~
Table: Comparative Advantage I
Sweden and Finland produce only two goods, herring and cell phones, and this table shows the
maximum amount that each nati
ate: . 6 3
Use the following to answer questions 13:
Figure: Demand and Supply of Wheat
' s m 12
Quantity sf wheat
(tlmusands [at bushels per perm-Ci)
1. (Figure: Demand and Supply of Wheat) What is the equi
28 August 2014
Six Figures & Beyond
In the article I chose, it speaks about the rising cost of living and "how a six-figure salary
is no longer a sign of long term wealth. The article goes
01 September 2014
3' Resources (empty hotels & airplane seats) are scarce TM (CM MW v1.64
W vwW'N M l
3 The opportunity cost of travelers waiting to purchase tickets
Use the following to answer questions 1~5:
Figure: Short-Run Cos s
cfw_Idolarg I -
D i 3 4 :1 E3 ':
"a ' 11331
Quantity of output [per day
1. (Figure: ShortRun Costs) A is the
A) average total
avera e variable
Course Number and Name - ECON 202-11 Principles of Econ II - Micro
School - School of Business
University - University of Bridgeport
Semester/Date - Fall 2012
Course Number and Name: ECON 202-11 Principles of Econ II - Micro
Day and Time of Course: MW 9:3