1.
An economist estimated that he cost function of single-prodcut firm is
C(Q) = 100 + 20Q + 15Q2 + 10Q3
Based on this information, determine:
a.
b.
c.
d.
e.
f.
g.
The
The
The
The
The
The
The
fixed co
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PO1IRS International Relations and Strategic Studies
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continuat
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Dr Martin Binder
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Associate Professor in International Relations
University of Reading
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Marketing Lecture Objectives
LECTURE 1
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Simple regression
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1.1 What is econometrics: ch. 1 (you can skip
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Functional forms and
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Ch.: 6.2, 6.4, 6.5, 6.6
Linear and log linear models.
Semi-log model: semielasticities.
Lin-log model: semielasticities.
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Could not explain interwar inflation
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European states dominated international politics. The EU states had economic, political and m
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EC206 Mathematics for Economics
Handout 3.2: Topic 3 Constrained Optimization 2: Equality
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3.4 Second Order Conditions: 2 choice variables, one constraint
OBJECTIVE
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Handout 1.1: Topic 1 Linear Algebra 1
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C a bY
Y C I G
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(1.2)
Y
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Spring Term 2017
Exercise 2: Linear Algebra (2)
This problem set examines much the same material as problem set 1.
1.
Consider the two matrices
1
At 2
0
0
EC206 Mathematics for Economics
Handout 3.1: Topic 3 Constrained Optimization 1
3.1 Unconstrained Optimization Review
For functions of two variables: z f x, y
Stationary point (FOCs):
z* f x*, y *
if
EC206 Mathematics for Economics
Handout 1.2: Topic 1 Linear Algebra 2
1.3 Linear Dependence of Vectors and Matrix Rank
1.3.1 Linear Dependence of Vectors
Scalar multiplication of vector
Multiply every
EC206 Intermediate Mathematics for Economics
Spring Term 2017
Exercise 2: Linear Algebra (2)
This problem set examines much the same material as problem set 1.
1.
Consider the two matrices
1
At 2
0
0