Introduction to Microeconomics: A Mathematical Approach
MGE A02

Fall 2013
MGEA02H3 LEC01/LEC02/LEC03
Final Exam
December 6, 2013
Profs. Gordon Cleveland and Jack Parkinson
THIS IS VERSION A OF THE EXAM  MAKE SURE TO INDICATE THIS
VERSION ON YOUR SCANTRON SHEET, AND ON YOUR
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
Accounting Case Workshop (MGAB02)
Case 2 Memorable Moments Inc.
Memorable Moments Inc. (MMI) was formed by Peter and Mary Gill five years ago on January
2, 2012 which they each own 50% of the company.
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
Case 1 UTSC MGAB02
4D Health Inc.
Desmond, Daniel, Dmytro and David were very good friends who met in university. They are all
very fond of sports and have a vision of starting a diversified health re
Introduction to Microeconomics: A Mathematical Approach
MGE A06

Spring 2014
Chapter 9 LongRun Economic Growth
Outline
How do we measure longrun economic growth?
Sources of longrun economic growth.
The growth accounting equation.
Why growth rates differ among countries?
Introduction to Microeconomics: A Mathematical Approach
MGE A06

Spring 2014
Chapter 8 Unemployment and Inflation
Outline
What is the unemployment rate? How the unemployment rate is calculated?
The significance of the unemployment rate.
What is the natural rate of unemploym
Introduction to Microeconomics: A Mathematical Approach
MGE A06

Spring 2014
MGEA06 LEC 01, LEC 02 & LEC 60
Introduction to Macroeconomics:
A Mathematical Approach
Winter 2018
Introduction
Professor: Iris Au
Class format:
Lecture:
There are 2 regular sections and 1 online sect
Introduction to Microeconomics: A Mathematical Approach
MGE A06

Spring 2014
Chapter 10 Savings, Investment Spending and the Financial System
Outline
The relationship between savings and investment spending for both closed
and open economies.
Introduce the market for loanabl
Introduction to Microeconomics: A Mathematical Approach
MGE A06

Spring 2014
Chapter 11 Income and Expenditure
Outline
Introduce the concept of the multiplier.
Derive the consumption function and investment function.
Develop the incomeexpenditure model (aggregate expenditu
MGEA01H3 F (LEC30) 2015 FALL
INTRODUCTION TO MICROECONOMICS
FINAL EXAMINATION
MICHAEL HO
TIME: 9:00 11:30AM
DATE: DECEMBER 16TH, 2015
LAST NAME:
FIRST NAME
STUDENT #:
INSTRUCTIONS:
(i)
Only NONPROGRA
MGEA01H3 F (LEC30) 2015 FALL
INTRODUCTION TO MICROECONOMICS
FINAL EXAMINATION
MICHAEL HO
TIME: 9:00 11:30AM
DATE: DECEMBER 16TH, 2015
LAST NAME:
FIRST NAME
STUDENT #:
INSTRUCTIONS:
(i)
Only NONPROGRA
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
ECON 4: Chapter 10 Savings, Investment Spending and the Financial System
MATCHING UP SAVINGS & INVESTMENT SPENDING
Both (physical) capital & human capital play important roles in determining longrun
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
Week 5: Ch. 11  Income & Expenditure
The MULTIPLIER: intro
Incomeexpenditure model is a simple model of output determination, which examines
the chain reactions of an initial change in autonomous e
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
MACRO 3: LONG TERM ECON GROWTH
Some observations:
Real GDP per capita varies across countries
Some countries grow faster while some slower
Real GDP per capita growth rate varies across time
Real GD
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
WEEK 1: CHAPTER 6/7  GDP
Macro is the big picture, study of economy as whole. Focus on:
Interactions of different sectors in econ
Strong policy focus
NOTE: Total Spending (TS) on final goods/servic
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
Week 6: Ch. 12
Aggregate Demand (AD)
Economys AD shows relationship between the aggregate price level and quantity of
aggregate output demanded by all sectors in econ (households, firms, government,
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
Microeconomic LEC #1
What is Economic?
Scarce resource: Limited resources
Resources (Inputs) things or resources used to produce outputs or final products
Land: used as a production site & all the na
Chapter 6
04 June 2016
04:50 AM
emotions
Brief, specific psychological and physiological responses that help humans meet
goals, many of which are social
Intentional object
Focus of the emotional exper
Chapter 04  Social Cognition: Thinking about
People and Situations
As the story made it clear, social judgments can have serious
consequences > The Story of Joel Rifkin. Mistaking a serial killer for
Chapter 5
03 June 2016
01:59 AM
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Attribution theory
Umbrella term used to describe the set of theoretical accounts of how people
assign causes to the events around them
MGEB11 Quantitative Methods in Economics I
Lecture 02
Using Excel to make scatter plot, covariance, correlation coefficient
Example
Five observations are taken for 2 variables.
x
4
6
11
3
16
y
50
50
4
ECMB06 LEC 0102
Macroeconomic Theory and Policy
Assignment 1
Due: On or before Monday, October 16, Lecture (No Later than 12:30pm)
(Note: Assignments submitted after 12:30pm on October 16 th WILL NOT
MGEB06 LEC 01 & LEC 02
Macroeconomic Theory and Policy: A Mathematical Approach
Assignment 2
Due: On or before Monday, December 4, 5:00pm
Rooms: IC 284 (Professor Parkinsons office)
OR, Dept. of Manag
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
1
Week 4 Elasticity, Tax Incidence and
Tax Burden
A key characteristic of demand and supply
curves! Elasticity
Elasticity = sensitivity OR responsiveness
Changes in one variable as another variable
ch
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
MGEA02  Week 9
This week:
Looking at the effects of an increase in
costs algebraic example
More on perfect competition
especially the long run (some of
which we saw last time)
and the effect of perf
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
1
Week 6: Costs of Production
Costs: how do they behave as output rises?
What does the typical graph of cost
curves look like (in the short run)?
2
What does the typical graph of (marginal
& average)
Introduction to Microeconomics: A Mathematical Approach
MGE A02

Spring 2014
1
Week 1: A quick overview
This document is meant to provide a very brief overview of what we
should have learned in week 1.
Note: That means this document is NOT meant to be a replacement or
substitu