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Team Homework Cover Sheet
1/10/15, 8:12 PM
Math Team Homework Cover Sheet
Section #:
Group Name:
Due Date:
Use rst and last names in the following:
Scribe:
Clarier(s):
Reporter:
Manager:
Absent:
Reporter's Report: (Use additional blank sheets if necessary
Approximate Schedule
Note: All readings are required and to be completed by the date indicated.
Optional readings are exactly that, purely optional.
CS = Cecchetti and Schoenholtz textbook
I. Basic Tools
Wed, Jan 07
BT1 Introduction to Financial Markets
S
Markets with
Asymmetric
Information
Topic 18:
Markets with Asymmetric Information
Asymmetric
Information
Adverse Selection
in the Market for
Lemons
Screening in a
Health Insurance
Market
Perlo: 18. Nicholson and Snyder: 15.3-and pp. 508-509.
1 / 14
Asymme
University of Michigan, Ross School of Business
FIN 300: Financial Management
Sections 1, 2, 3, 4; Winter 2015
Instructor: Isacco Piccioni
Class time & Location:
Tuesday & Thursday,
Section 1: 10.00am-11.30am, room R0320;
Section 2: 1.00pm- 2.30am, room R
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Homework for Topic 1
Solutions
1. If the commuter maximizes a utility function of the form described in the lecture, then, using
the inequality for x on Slide 7, for it to be optimal to drive in the rs
Econ 401: Intermediate Microeconomic Theory
Winter 2014
Solutions for the Problem Set for Topic 19
1.
a) As in the model from lecture, the principal must pay the agent w = 1.32 to implement the low eort
and w = 1.52 to implement the high eort. In the rst
Decision Making
under Incomplete
Information
Topic 17:
Decision Making under Incomplete
Information
Rational Decisions
under Uncertainty
Attitudes Towards
Risk
Insurance
The Allais Paradox
Perlo: 16.1-16.4; Nicholson and Snyder: 15.1-15.4.
1 / 18
Rational
by)
10.
1t.
12.
FaI12013 Math 147
Exam #1 Review
How long wilt it take $1000
a. To earn $100 at 6% simpie interest?
b. To accumulate to $1200 at 13%.% simpie interest?
A taxpayer expects an income tax refund of $380 on May 1. On March 10, a tax
discounter
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 6
Solutions
1. The marginal product of labor of the 2nd rm is smaller than the marginal
product of the rst.
f
L
Firm 1 M P L =
Firm 2 M P L = 0.9
f
L
The marginal rates of substit
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 7
1. Read Ted Bergstrom and Eugene Kwoks description of results from the classroom experiment
described in the lecture on Topic 7:
http:/www.econ.ucsb.edu/~tedb/eep/eepfiles/esa2.
Mathematics 147 Introduction to Interest Theory
Winter 2015
Instructor: Michael Sawdy
Location: East Hall 1372
Meets: MWF 12:00 1:00 PM
Office: East Hall 3852
Office Phone: 734- 936-4557
Office Hours: Monday 1:00 3:00 PM
Email: [email protected]
Course Des
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 12
Please bring written answers to your discussion section on Wednesday, November 12, or Thursday,
November 13.
No question in this problem set requires any calculation. Instead,
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 12
Comments on Answers and Grading
(a) In your response to this question you should display the diagram that is on Slide 8 for Topic 12,
and you should explain in words the meanin
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 9
Solutions
1. (a) The total cost are average cost times quantity, i.e. C(q) = AC(q) q = (40 q + 0.01q 2 )q =
40q q 2 + 0.01q 3 . The marginal cost can be found by dierentiating t
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 8
Solutions
1. We rst solve for the optimal demand of goods 1 and 2 using the usual way (set M RS = p1 ).
p2
We get
Y p2
q1 =
p1 p2 + p2
1
q2 =
Y p1
p1 p2 + p2
2
We take the deriv
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 9
1. All rms and potential entrants in a market are identical. Each has a long-run marginal cost
function: M C(q) = 40 2q + 0.03q 2 and the average cost function: AC(q) = 40 q + 0
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 8
1. For a consumer with utility function U (q1 , q2 ) =
gross complements, or neither?
q1 + q2 , are goods 1 and 2 gross substitutes,
2. Suppose goods 1 and 2 are perfect substit
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 7
Solutions
1. Many sensible answers are possible. I am interested in what you think. If youd like, send me
your answer (typed, and in PDF format): [email protected] I shall pos
Econ 401: Intermediate Microeconomic Theory
Fall 2014
Problem Set for Topic 6
Please bring written answers to your section on Wednesday, October 15, or Thursday, October 16.
1. Firm 1 has production function f (L, K). Firm 2 is only 90% as productive as r
Event
448652897567171829001
4486528975671718290015
Tallia Orange presents, a DKE production: Get
wet with Juicy J - A benefit for charity: water
Date+Time
Name
Location
Zoe Berg
Tuesday, December 8, 2015 at
9:00 PM - Wednesday,
December 9, 2015 at 12:00 A
Quiz 5: Name:
\/~y
l- \.
,
Total Points: 20 (This quiz weights twice as much as other quizzes)
Problem 1: You are given the an opportunity to invest with a company by paying $50,000 today, and followed by yearly payments that decrease by $10,000 every yea
Quiz 3
Name:
Stan opens an account on June 1, 2007 by making a deposit of $R and continues to do so quarterly until December 1, 2009. On March 1, 2010 he doubles his deposits to make it $2R with the last quarterly deposit occurring on September 1, 2012. S
Quiz #2
Name:
UNIlD:
Sue has a debt of $2 500 and $1 200 due July 1,2011, and April 1, 2014 respectively. She also plans on making a payment of$l 700 on Jan 1, 2013. Suppose that during this time period she experiences a compound interest rate ofj4 = 8%.