ESR_ HW 1_ Hand in to Evgenii before Monday 2016.05.23, 13:00
Indicate and explain how you derive your answers clearly.
1. [39 points 13 points each subquestion]A monopolist holds a market with market
demand given by P = a bQ . The production cost of the

ESR_ HW 2_ Hand in to Evgeniy before Wednesday 2016.06.01, 13:00
Indicate and explain how you derive your answers clearly.
1. [60 points 20 points each subquestion] A monopolist knows that in the economy
1/3 of the people are poor (type P), 1/3 are Middle

Problem Set 1: Hand in by Friday June 5th. You can work individually or in a
group of 2 people.
PRICE DISCRIMINATION
Quantity
Type P
Type R
1
4
7
2
2
3
1. There are 2 consumers: one Poor (P) and one Rich (R). There is a monopolist and the
monopolist is th

Problem Set 2: Hand in before Sunday 28.06.2015, 15:00 with Andrew Minaev
(andrej.minaev@phystech.edu ). You can work individually or in a group of 2
people.
1. [60 points, 15 for each subquestion] Given that we have the following setup, where
S [ q] 10q

Problem Set 1: Hand in by Friday June 5th. You can work individually or in a
group of 2 people.
PRICE DISCRIMINATION
Quantity
Type P
Type R
1
4
7
2
2
3
1. There are 2 consumers: one Poor (P) and one Rich (R). There is a monopolist and the
monopolist is th

Homework
30 points
1. Consider a system consisting of 3 nodes, A, B, and C. All lines AB, AC, and
BC are identical and have the same resistance. Assume perfect competition.
Demand is 120MW. The capacity on the line BC is limited to 20MW, the other
lines c

Problem set 3 (can be done individually or in groups of 2 people)
Hand in before Friday June 19th, 15:00 in the postbox of Andrej Minaev (andrej.minaev@phystech.edu)
Each subquestion 10 points. Maximum total of points is 100.
1. The (levelized) fixed and

EM_ HW 3_ Hand in to Evgeniy before Monday 2016.05.20 13:00
Indicate and explain how you derive your answers clearly.
1. In the lectures we checked the equation SMCi = Bi[Zi ] = L H Li for one of
L
the first cases of nodal pricing we encountered. Here we

1
Electricity Markets
Problem set 4 (can be done individually or in groups of 2 people)
Hand in before Friday June 26th, 15:00 in the postbox of Andrej Minaev
(andrej.minaev@phystech.edu).
I cover a part of question 2c on the lecture on Wednesday.
In the

EM_ HW 1_ Hand in to Evgeniy before Monday 2016.05.23, 13:00
Indicate and explain how you derive your answers clearly.
1. [30 points, each 5] Questions regarding AC and DC
(a) What is the main difference between Alternating Current (AC) and Direct Current

HW 2
Hand in to Evgeniy before Friday 2016.06.03, 13:00
Indicate and explain how you derive your answers clearly.
1. Download the simulation programs at
https:/drive.google.com/open?id=0B4TSwcWjmLoBLWlWaHdIVFoyTzQ
There is the gams program and my program