PPT-ECON 102 Tutorial: Week 8

Shane Murphy wwwlancasteracukpostgradmurphys4 Inclass activity modelling a game in normal form and in extensive form Lets 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 . m pm am pm am pm am pm am pm am pm am pm am pm am pm am pm am pm am pm Meal 1 Meal 2 Meal 3 Meal 4 Meal 5 Meal 6 NOTES brPage 3br The Training for LIFE Experience Daily Progress Report ACTUAL Upper Body Muscle Groups Chest Shoulders Back Triceps Bice 1 miles 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. We’ll review the exam from Friday. 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. Planet Money Podcast – . Invention of the Economy. 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. 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(a) . Two aeroplane manufacturers are considering the production of a new product: A 550 passenger jet. Both are deciding whether to enter the market and produce the new plane. The payoff matrix is as shown below (payoffs are Boeing, Airbus). . 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. How to Prepare for the Exam. Review your Tutorial Worksheets and Slides, Lecture Slides, The Specimen Exam, and Textbook chapters – that’s the order of importance. . 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. Week 17 Planet Money Podcast: . #602. This podcast illustrates some of the functions that banks provide in the economy. What are some problems that businesses face if they do not have access to a bank? . 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/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? . 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.