Econ 326 Problem Set 4
Due in class on Wednesday, November 5.
(60 Points)
This problem set tests the knowledge that you have accumulated on choice under uncertainty and production. General rules for p
University of Maryland
Department of Economics
Spring 2011
Prof. John Ham
Naomi Utgoff
Economics 326: Problem Set #3
Due in class or under my door (TYD 3115D) by 2 pm. You can also email it as a pdf f
Problem Set #3
Econ326 Spring 2012
Instructor: Ginger Jin
Due date: May 4, 2012
Name: _
Student ID: _
Section #: _
1. Albert and Bob consume video games and books. Albert has an initial endowment of
6
Econ 326 Problem Set 4
Due in class on Wednesday, November.
(60 Points)
This problem set tests the knowledge that you have accumulated on choice under uncertainty and production. General rules for pro
Econ 326 Problem Set 4
Due in class on Wednesday, November.
(60 Points)
This problem set tests the knowledge that you have accumulated on choice under uncertainty and production. General rules for pro
Econ 326 Problem Set 2
Due in class on Wednesday, September 28.
(60 Points)
This problem set tests the knowledge that you have accumulated on utility maximization. The questions
are a combination of c
University of Maryland
Department of Economics
Spring 2011
Prof. John Ham
Naomi Utgoff
Economics 326: Problem Set #4
This problem set is due in Friday April 8 by 1:30 pm to take advantage of
Naomis of
Econ 326 Problem Set 4
Due in class on Monday, November 7.
(60 Points)
This problem set tests the knowledge that you have accumulated on choice under uncertainty and production. General rules for prob
University of Maryland
Department of Economics
Spring 2012
John Ham
Robert Kulick
Economics 326: Problem Set #1
Due 2 pm Thursday Feb 23 in class, or in Mr. Kulicks mailbox in TYD3105 (note the
change
University of Maryland
Department of Economics
Spring 2012
John Ham
Robert Kulick
Economics 326: Tuesday and Thursday Practice Midterms: General Comments
Coverage: You are responsible for all handouts
Econ 326 Problem Set 2
Due in class on Wednesday, September 28.
(60 Points)
This problem set tests the knowledge that you have accumulated on utility maximization. The questions
are a combination of c
Economics 326 Midterm 1 Solutions
October 7, 2013
1. Short Answers (6 points each)
(a.) Construct a utility function that represents the following preferences: 1
greatfruit
1 orange, 1 orange
1 lemon,
ECON 326 Exam 1 Summer 2013: Suggested Solutions
June 25, 2013
There may be typ0z so feel free to question my solutions.
Part 1
1. True.
2. False, MRS may be constant in special cases.
3. False, steep
University of Maryland
Department of Economics
Spring 2012
John Ham
Robert Kulick
Economics 326: Problem Set #3
Due 2 pm Thursday April 5 in class, under Roberts door (TYD5110), or by email as a pdf f
Econ 326 Intermediate Microeconomics (Chapter 10, 15)
TRUE/FALSE
2. If the real interest rate is positive, then a unit of future consumption can be had for the sacrifice of less than 1
unit of current
Econ 326 Problem Set 5
Due in class on Monday, December 10.
(60 Points)
This problem set tests the knowledge that you have accumulated on cost curves and market equilibrium.
General rules for problem
Econ326 Intermediate Microeconomics Spring 2011 Instructor: Ginger Z. Jin http:/kuafu.umd.edu/~ginger TAs: Daisy Dai & Sumedha
Lecture 1
Course
introduction
Syllabus Teaching Textbook
style and expect
The Great Depression Notes Economists' fascination with the description and interpretation of the severity and duration of the Great Depression has not flagged in over seven decades since its onset. W
Problem Set #1
Name: _
Econ326 Intermediate Micro
Student ID: _
Instructor: Ginger Jin
Section No. _
Due Date: February 14, 2011
TA Name: _
=
1. Sally consumes two goods, X and Y. Her utility function
Econ 326 Intermediate Microeconomics (Chapter 6, 8)
TRUE/FALSE
1. If two goods are substitutes, then an increase in the price of one of them will increase the demand for the other.
2. A good is a luxu
Problem Set #3 Answer Key
Econ326 Fall 2011
Instructor: Ginger Jin
1. The United States currently imports all of its coffee. The annual demand for coffee by
U.S. consumers is given by the demand curve
Department of Economics Dr. Naveen Sarna University of Maryland, College ParkSections 0101-0201 Spring 2013
Course Number: Instructor: E-mail: Office: Office hours: Class TA: E-mail:
ECON-317- 0101 EC
Econ 326 Problem Set 5
Due in class on Wednesday, December 11.
(60 Points)
This problem set tests the knowledge that you have accumulated on cost curves, market equilibrium,
monopoly, and monopsony. T
Econ326 Problem Set #2
Fall 2011, Instructor: Ginger Jin
Due Date: October 28
Name:_
Section #: _
Section Time: _
1. Richard's father gives him a lottery ticket. The probability of winning payoffs is
Econ 326 Intermediate Microeconomics (Chapter 20, 21)
TRUE/FALSE
1. If there are increasing returns to scale, then average costs are a decreasing function of output.
2. If the production function is f
Econ 326 Intermediate Microeconomics (Chapter 2, 3)
TRUE/FALSE
1.If there are two goods with positive prices and the price of one good is reduced, while income and other prices
remain constant, then t