PPT-ECON 100 Tutorial: Week 19

Author : conchita-marotz | Published Date : 2015-09-16

wwwlancasteracukpostgradmurphys4 smurphy5lancasteracuk office hours 300PM to 445PM tuesdays LUMS C85 Question 1 Use ADAS analysis to show how each of the events

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ECON 100 Tutorial: Week 19: Transcript

wwwlancasteracukpostgradmurphys4 smurphy5lancasteracuk office hours 300PM to 445PM tuesdays LUMS C85 Question 1 Use ADAS analysis to show how each of the events below will affect the equilibrium price level and real output in an economy in the short run when the aggregate supply curve . 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? . Shane Murphy. s.murphy5@lancaster.ac.uk. Office Hours: Monday 3:00-4:00 – LUMS C86. Outline. Substitute Lecturer Next Week. Roll Call. Class Rep. Problems. Discussion. Class Rep. Exercise. Consider the following demand function: Q. www.lancaster.ac.uk/postgrad/murphys4/. s. .murphy5@lancaster.ac.uk. office: LUMS C85. Question 1. . Classify each of the following markets as highly contestable, moderately contestable, slightly contestable or non-contestable. If it depends on the circumstances, explain in what way.. 7. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. Office: LUMS . C85. Question 1 . There . are no barriers to the entry of new firms into the market. .. . Firms . in the industry produce differentiated products. . 6. Shane Murphy. s.murphy5@lancaster.ac.uk. Office Hours: Monday 3:00-4:00 – LUMS C85. LUMS . Maths. and Stats Help (MASH) Centre. Are you mystified by . maths. ? Stuck with statistics? The LUMS . www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. office . hours: . 3:00PM . to . 4:00PM Mondays LUMS . C85. Question 1 . From . the national income identity, what association might exist between a fiscal deficit and a trade deficit? . www.lancaster.ac.uk/postgrad/murphys4/. s.murphy4@lancaster.ac.uk. office: LUMS . C85. Question 1(a). The data in the table below are for the UK in 2011. All numbers are in £million. .. Source. : UK National Accounts, The Blue Book, . www.lancaster.ac.uk/postgrad/alia10/. a.ali11@lancaster.ac.uk. office hours. : . 3:45PM . to 4:45PM . tuesdays. LUMS C85. Some notes for the last section of ECON 100. You’ve had some experience with David Peele’s questions – on Exam 4. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. office. : LUMS . C85. Outline. Question 6 – 15 min.. Question 7 – 15 min. . Past Exam Multiple Choice questions - 15 min.. Suggested solutions for other questions will be included/added to slides so you can check your own answers.. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. NEW office . hours: . 2:00PM . to . 3:00PM . tuesdays. LUMS C85. Question 1(a): . MV . ≡. PQ. .. If M were to rise by 6 percent, Q by 4 percent while V is unchanged, by what percentage would P increase?. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5. @lancaster.ac.uk. office . LUMS . C85. Moodle. Moodle: . https. ://modules.lancs.ac.uk. /. Coursepaper. , Tutorial worksheets, Lecture Recordings, General Announcements. www.lancaster.ac.uk/postgrad/alia10/. s.murphy5@lancaster.ac.uk. office . hours: . 3:00PM . to . 4:00PM Monday LUMS . C85. Exam 4 Next Week. 40 Multiple Choice Questions. 28 from Gerry Steele. Mostly theory . Week 10. Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4. 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? . 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? .

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