Economics 113, UCSD
Ms. Stephanie Fried
Prof. R. Starr
Spring 2011
Problem Set 4
General Equilibrium Theory: An Introduction, Draft 2nd edition
Chapter 14:
14.9, 14.10, 14.11, 14.12, 14.18
Economics 113
UCSD
Spring 2011
Prof. R. Starr
Problem Set 1
Chapter 2, Starrs General Equilibrium Theory. On page 13, make the following
corrections: (2.45) should read (2.29); (2.46) should read (2.30).
Assignment: Problems 2.2, 2.3
Chapter 3 (no errata)
7.17 Recall the Bolzano-Weierstrass theorem for sequences: Let xi , i = 1, 2, 3, . . . be a bounded
sequence in RN . Then xi contains a convergent subsequence. Let x R, = 1, 2, 3, . . . x =
1
(1) + ( 2 ) .
1. Is x bounded? Explain.
2. Is x convergent? Exp
11.4 Recall the following assumptions introduced with regard to the production technology sets for a typical rm j, Y j :
P.I.
P.II.
P.III.
P.VI
Y j is convex for each j.
0 Yj
Y j is closed.
Y j is a bounded set for each j H .
Maintaining these assumptions
Microeconomics
ECON 100A
Problem Set 2 Solutions
Due October 6, 2010 (Solutions Posted October 8, 2010)
1. True or False. Give a heuristic proof if true, counterexamples if not.
a. Non-satiation implies that a consumer always prefers one more slice of app
Chapter 2, Exercises 2.1, 2.2, 2.3.
2.1. General equilibrium consists of a wage rate w so that supply and demand are equated in
each of the active markets, oysters and labor/leisure. Household behavior is described as
choosing c, R to maximize u(c, R) sub
Economics 113
UCSD
Prof. R. Starr, Mr. Troy Kravitz
Winter 2010
Social Choice Theory Problem Set
1. Consider majority voting over pairwise alternatives subject to agenda
manipulation. Use the following voting rules and preference profiles.
There are three
Economics 113
UCSD
Prof. R. Starr, Mr. Troy Kravitz
Winter 2010
Social Choice Theory Problem Set
1. Consider majority voting over pairwise alternatives subject to agenda
manipulation. Use the following voting rules and preference profiles.
There are three
CB046/Starr
15.115.3
May 5, 2011
11:43
1
15.1 Consider production without P.IV(b), but fullling P.IP.III and
P.IV(a). Formulate an example of Y 1 and Y 2 in R2 so that the set of
points attainable in Y 1 is not bounded.
Suggested Answer: Set r = (10, 10).
Economics 113, UCSD
Ms. Stephanie Fried
Prof. R. Starr
Spring 2011
Problem Set 5
General Equilibrium Theory: An Introduction, Draft 2nd edition
Chapter 15:
15.1, 15.2, 15.3
Chapter 16
16.1
Economics 113, UCSD
Ms. Stephanie Fried
Prof. R. Starr
Spring 2011
Problem Set 3
General Equilibrium Theory: An Introduction, Draft 2nd edition
Chapter 11
Problems 11.4, 11.5, 11.6
Chapter 12
Problem 12.3, 12.5, 12.7, 12.8
Economics 113, UCSD
Ms. Stephanie Fried
Prof. R. Starr
Spring 2011
Practice Problem Set 2
(Not to be turned in)
General Equilibrium Theory: An Introduction, Draft 2nd edition
Chapter 7
Problems 7.17, 7.21, 7.22
Chapter 8
Problem 8.1
Chapter 9
Problems 9.1
1
Take-Home Final Exam Instructions and Hints
Take-Home Final Exam Instructions and Hints
QUIET PERIOD DURING THE EXAMINATION PERIOD: From
3:45 PM Wednesday June 1 to 2:15 PM Friday June 3. During this period,
do not discuss or communicate regarding the e
Take-Home Final ODD-ODD-ODD Answer Key
1
Take-Home Final Exam ODD-ODD-ODD
Answer Key
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your o
1
Take-Home Final ODD-ODD-ODD
Take-Home Final Exam ODD-ODD-ODD
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work. Do n
1
Take-Home Final ODD-ODD-EVEN
Take-Home Final Exam ODD-ODD-EVEN
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work. Do
1
Take-Home Midterm ODD-EVEN-EVEN
Take-Home Midterm ODD-EVEN-EVEN
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work. D
1
Take-Home Midterm ODD-EVEN-ODD
Take-Home Midterm ODD-EVEN-ODD
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work. Do
1
Take-Home Midterm ODD-ODD-ODD
Take-Home Midterm ODD-ODD-ODD
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work. Do no
1
Answer Key Take-Home Midterm ODD-ODD-ODD
Answer Key Midterm ODD-ODD-ODD
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal
1
Take-Home Final EVEN-EVEN-EVEN
Take-Home Final Exam EVEN-EVEN-EVEN
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work
Take-Home Final EVEN-EVEN-EVEN Answer Key
1
Take-Home Final Exam EVEN-EVEN-EVEN
Answer Key
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be
1
Take-Home Final EVEN-EVEN-ODD
Take-Home Final Exam EVEN-EVEN-ODD
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work.
1
Take-Home Final EVEN-ODD-EVEN
Take-Home Final Exam EVEN-ODD-EVEN
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work.
Take-Home Final ODD-EVEN-EVEN
1
Take-Home Final Exam ODD-EVEN-EVEN
This exam is take-home, open-book, open-notes. You may consult any
published source (cite your references). Other people are closed. The
exam you turn in should be your own personal work.
Microeconomics
ECON 100A
Problem Set 0
Due September 29, 2010 (Solutions Posted October 1, 2010)
Professor Michael Noel
University of California San Diego
1. Find the first and second derivatives for the following functions of x.
a. f(x) = a + bx + cx2 +
Microeconomics ECON 100A Problem Set 0 Solutions Due September 29, 2010 (Solutions Posted October 1, 2010) Professor Michael Noel University of California San Diego 1. Find the first and second derivatives for the following functions of x. a. f(x) = a + b
Microeconomics 100A Problem Set 1 Due September 29, 2010 (Solutions Posted October 1, 2010) Professor Michael Noel University of California San Diego 1. Imagine the demand function for oranges for consumer i is given by Qid = 100 10p0 + 2pG + 4pA. + Yi. T
Microeconomics
ECON 100A
Problem Set 7
Due November 9, 2010 (Solutions Posted November 12, 2010)
1. From problem set 4 question 3 you already have seen the following utility function:
U ( x, z ) = x + 2 z
a. Solve for the optimal consumption bundle, x* an
Microeconomics
ECON 100A
Problem Set 7
Due November 9, 2010 (Solutions Posted November 12, 2010)
1. From problem set 4 question 3 you already have seen the following utility function:
U ( x, z ) = x + 2 z
a. Solve for the optimal consumption bundle, x* an