A total of 10 graded problem sets were assigned during the semester. Each one covered approximately one week's worth of new material. The best 9 scores out of 10 were used to calculate the term grade.
Assignment files.
| ASSIGNMENTS |
TOPICS |
| Problem set 1 (PDF) |
Supply and demand diagrams |
| Problem set 2 (PDF) |
Price elasticities
Indifference curves
Marginal rate of substitution (MRS)
Utility functions
|
| Problem set 3 (PDF) |
Inferior goods
Marginal rate of substitution (MRS)
Indifference curves
Engle curves
Income and substitution effects
Price elasticities
Market demand
|
| Problem set 4 (PDF) |
Insurance and risk |
| Problem set 5 (PDF) |
Cost functions
Production functions
Marginal rate of technical substitution (MRTS)
Isoquant curves
Expansion paths
|
| Problem set 6 (PDF) |
Production functions
Long run and short run comparisons
Economies of scale
Returns to scale
Cost functions
Government policy and market efficiency
|
| Problem set 7 (PDF) |
Government policy and market efficiency
Edgeworth boxes
Tariffs
General equilibrium
|
| Problem set 8 (PDF) |
Monopoly
Monopoly and market efficiency
Monopsony
|
| Problem set 9 (PDF) |
Pricing power
Price discrimination
Monopoly
Cournot game
|
| Problem set 10 (PDF) |
Monopolisitic competition
Inflation
Nash equilibrium
Oligopoly
Prisoner's dilemma
Marginal revenue product of labor
Unemployment
|