PPT-ECON 102 Tutorial:

Week 10 Ayesha Ali wwwlancasteracukpostgradalia10econ102html aali11lancasteracuk o ffice hours 800AM 850AM 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 . 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. A few things we need to know:. Marginal Rate of Substitution. 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 23 worksheet – Revision of ISLM and Aggregate Demand/Aggregate Supply. Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4. Maths & Stats Help. The . LUMS . Maths. and Stats Help (MASH) Centre. for LUMS undergraduate students opens this week. . You can drop-in to . Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. Additional Resources. Videos that explain the basics of many of the ideas, terminology, and theories that we will learn in both micro and macro economics: . 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. kindly visit us at www.examsdump.com. Prepare your certification exams with real time Certification Questions & Answers verified by experienced professionals! 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