PPT-ECON 100 Tutorial: Week 14

Author : tatyana-admore | Published Date : 2016-08-07

wwwlancasteracukpostgradmurphys4 smurphy4lancasteracuk office LUMS C85 Question 1a The data in the table below are for the UK in 2011 All numbers are in million

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ECON 100 Tutorial: Week 14: Transcript

wwwlancasteracukpostgradmurphys4 smurphy4lancasteracuk office LUMS C85 Question 1a The data in the table below are for the UK in 2011 All numbers are in million Source UK National Accounts The Blue Book . 14. Shane Murphy. s.murphy5@lancaster.ac.uk. Office Hours: Monday 3:00-4:00 – LUMS C85. Outline. Roll Call. Problems. Exam Notes. Chapter 20: Problem 5. Here are some data . from the land of milk and . 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.. 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 . 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? . 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. 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. 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 . 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. 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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