PPT-ECON 100 Tutorial: Week 24

Author : myesha-ticknor | Published Date : 2016-06-22

wwwlancasteracukpostgradmurphys4 smurphy5lancasteracuk office hours 300PM to 400PM Mondays LUMS C85 Question 1 From the national income identity what association

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ECON 100 Tutorial: Week 24: Transcript

wwwlancasteracukpostgradmurphys4 smurphy5lancasteracuk office hours 300PM to 400PM Mondays LUMS C85 Question 1 From the national income identity what association might exist between a fiscal deficit and a trade deficit . 17. Shane Murphy. s.murphy5@lancaster.ac.uk. Office Hours: Monday 3:00-4:00 – LUMS C85. Outline. Roll Call. Problems. Chapter . 26: . Problem 3. Your uncle repays a loan from a bank by writing a . cheque. www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. office. : LUMS . C85. Keynesian Cross Diagram. Last week we calculated GDP using the expenditure method where . . GDP . = Aggregate Expenditure (AE) = C + I + G + . 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. . www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. office: LUMS . C85. Outline for this week’s tutorial. Past exam question ( from last week) – 5 min.. Question 1 – 2 min.. Question 2 – 3 min. . www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. office: LUMS . C85. Question 1. Match . each of the three . types of price discrimination . to the following definitions:. (a) When . 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.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, . 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? . 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.. Shane Murphy. www.lancaster.ac.uk/postgrad/murphys4. 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. . www.lancaster.ac.uk/postgrad/murphys4/. s.murphy5@lancaster.ac.uk. office: LUMS . C85. Permanent Income Hypothesis. People will spend money at a level consistent with their expected long-term or lifetime income. When young, people generally borrow, when middle aged people pay off their loans and save for retirement, and when old, people spend what they saved.. 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?. 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? .

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