PPT-Econ 428

Environmental Issues Background and Attitudes Fall 2016 1 Pollution is bad recycling is good A Strongly agree B Mildly agree C Not sure D Mildly disagree E Strongly disagree The . Subject Choice Seminar. MS Rita Law. Mock Selection. Subjects . offered for . S4 students . in . 2012-2013. Subject. No. of Groups. Biology. 2. Chemistry. 2. Physics. 2. Combined. Science (. Chem+Phy. Slides. . © Michael R. Ward, UTA 2014. Moral Hazard. Once you have insurance, the cost of an accident is reduced, which also reduces the cost of the risky behavior, which results in riskier . behavior. Slides. . © Michael R. Ward, UTA 2014. Today. Syllabus. What the Course is About. What this Book is About. The One Lesson of Business. Econ 5313. Oil Lease Bidding. A young geologist was preparing a bid recommendation for an oil tract in the Gulf of Mexico. His expertise and the information at hand led him to recommend a bid of $5 million. Instead, a senior manager bid $20 million - far over the next highest-bid of $750,000. What, if anything, is wrong?. Slides. . © Michael R. Ward, UTA 2014. The “Boundaries. ” . of the Firm. Why . are some tasks organized within firms and others across firms?. Hayek – Transacting across firms reveals price information that is useful for decision making. 1 0 13 2014 Slides. . © Michael R. Ward, UTA 2014. Donut Holes. Making Decisions on the Margin. A friend does an experiment in class. Hands one student a box of donut holes. “Eat as many as you want.”. Hands another student a watch. “Mark the time between donut holes.”. Slides. . © Michael R. Ward, UTA 2014. Opportunity Costs. “Outsourcing” . Scene. Econ 5313. Foreign Currency. You've completed your vacation in a foreign country. At the airport, you discover you have the equivalent of $20 local currency left over. The exchange control officer tells you that you can't convert the local money back to dollars. Nor can you take it out of the country. Because the gift shop was closed, you decided to spend the remaining money on refreshments—for complete strangers! . 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 . GenuineEconomicProgressintheUnitedStatesAFiftyStateStudyandComparativeAssessmentMairi-JaneVFoxJonDEricksonRegisCollegeRegisUniversityDenverCO80221USACorrespondingauthorE-mailaddressJDEricksonwinners-v thepresenceofinformationcostsandmisalignedincentivesInasurveyofmanufacturingrmsRoss1986observesthattopcorporatemanage-mentisoftentoobusyandpreoccupiedwithotherresponsibilitiestohavethetimeandresources 44424444444446DIVISIONQuanReasoningMicroeconomicsMacroeconomistheFundamentalPrerequisite MATH 108/117 Prerequisite MATH 108coursehigherDoes not count toward Dornsife College unit requirementUPPERGrade 1.INTRODUCTIONHowdoeshouseholdconsumptionrespondtochangesineconomicresources?Doestheresponsedependonthenatureanddurationofthechanges?Doanticipatedincomechangeshaveadifferentconsumptionimpactthanunanti study of flow of goods and services across space. Look at ways in which people provide for themselves across the globe. Geographic patterns of inequality at different scales. Globalization:. is a MAJOR thread throughout econ geo….free trade, international trade, international econ alliances, etc.. Econ 340, Deardorff, Lecture 24: Review. 2. Lecture 24 Outline. For each lecture:. Outline. Major questions. Lists of. Terms. Acronyms (most are really Initialisms). Clicker questions. Especially on graphs.