PPT-ECON 102 Tutorial: Week 24

Shane Murphy wwwlancasteracukpostgradmurphys4econ15 smurphy5lancasteracuk Todays Outline Week 24 worksheet Money amp Inflation Question 1 ISLM analysis with r and Y on respective axes is based upon the assumption that prices P remained unchanged as the money supply is increased When that assumption is relaxed the aggregate demand curve with P and Y on respective axes appears Where the money supply is constant at M1 explain in no more than 50 words the representation of the different magnitude of the general level of prices P1 . 1 miles Week 10. Ayesha Ali. www.lancaster.ac.uk/postgrad/alia10/econ102.html. a.ali11@lancaster.ac.uk. o. ffice hours: 8:00AM – 8:50AM . tuesdays. LUMS C85. Question 1 . H2OClean Ltd supplies domestic kitchen water filters to the retail market and hires workers to assemble the components. A water filter sells for £26, and H2OClean can buy the components for each filter for £1. Kevin and Sharon are two workers for H2OClean Ltd. Sharon can assemble 60 water filters per month, and Kevin can assemble 70. If the labour market is perfectly competitive, how much will each be paid? . Ayesha Ali. www.lancaster.ac.uk/postgrad/alia10/econ102.html. a.ali11@lancaster.ac.uk. o. ffice hours: 8:00AM – 8:50AM . tuesdays. LUMS C85. Today’s Outline. Week 21 worksheet – Fiscal Policy & Monetary Policy:. Ayesha Ali. www.lancaster.ac.uk/postgrad/alia10/econ102.html. a.ali11@lancaster.ac.uk. o. ffice hours: 8:00AM – 8:50AM . tuesdays. LUMS C85. Today’s Outline. Week 20 worksheet – IS-LM Model:. Please make sure you review all of problems on your own and ask if you have any questions. . Ayesha Ali. www.lancaster.ac.uk/postgrad/alia10/econ102.html. a.ali11@lancaster.ac.uk. o. ffice hours: 8:00AM – 8:50AM . tuesdays. LUMS C85. Today’s Outline. Week 17 Planet Money Podcast: . #602. 2. Why study bubbles?. “[An] issue that clearly needs more attention is the formation and propagation of asset price bubbles…I suspect that progress will require careful empirical research with attention . Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4/econ15. s.murphy5@lancaster.ac.uk. Today’s Outline. We’ll review the exam from Friday. Which of the following reasons can explain why people have preferences for holding money?. Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. Elasticity. Questions 1-3 deal with elasticity, specifically, we are looking at the price elasticity of demand. . The price elasticity of demand is the percentage change in quantity demanded given a percentage change in price. We can write this mathematically as: . Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4. In-class activity: modelling a game in normal form and in extensive form. Let’s watch one of the following videos of a . game. played on television and model it as a normal form game, and then as an extensive form game. . Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4. Today’s Outline. Exam Questions. Is there anything you’d like to go over regarding Friday’s Test?. In Week 17: You’ll have an exam recap with Kwok (in the lecture) and you get your marked exams back as well (in the tutorial).. Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4/econ15. s.murphy5@lancaster.ac.uk. Today’s Outline. Planet Money Podcast – . #222 Consumer Price Index. Feedback: Did you like the podcast? . Was it useful in understanding how we calculate the Consumer Price Index? . kindly visit us at www.examsdump.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! We make your certification journey easier as we provide you learning materials to help you to pass your exams from the first try. Professionally researched by Certified Trainers,our preparation materials contribute to industryshighest-99.6% pass rate among our customers. Get complete detail on MD-102 exam guide to crack Microsoft Endpoint Administrator. You can collect all information on MD-102 tutorial, practice test, books, study material, exam questions, and syllabus. Firm your knowledge on Microsoft Endpoint Administrator and get ready to crack MD-102 certification. Explore all information on MD-102 exam with number of questions, passing percentage and time duration to complete test. Start here---https://bit.ly/42AP68Z---Get complete detail on MS-102 exam guide to crack Microsoft 365. You can collect all information on MS-102 tutorial, practice test, books, study material, exam questions, and syllabus. Firm your knowledge on Microsoft 365 and get ready to crack MS-102 certification. Explore all information on MS-102 exam with number of questions, passing percentage and time duration to complete test.