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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03- Final Exam Guide - Comprehensive Notes for the exam ( 29 pages long!)

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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03- Midterm Exam Guide - Comprehensive Notes for the exam ( 12 pages long!)

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Chapter 15: environmental policy and institutions in canada. It is often more difficult to achieve social efficiency than we assume when building model
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MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Study Guide - Indifference Curve, Form 10-Q, Externality

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Consider the following demand functions and cost functions of a finite resource. [subscript 2 refers to mwtp in dollars next year] [subscript 1 refers
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MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Study Guide - Economic Surplus, Inverse Demand Function, Mac-10

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Consider coase theorem with the following mac and mdc functions. Assume that the property right belongs to the victims. Compensation rate for each unit
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MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Study Guide - Midterm Guide: Pollutant, Form 10-Q, Opportunity Cost

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The individual marginal willingness-to-pay for a public good is given below: P = 10 q, where q is the public good. Assume that there are 100 identical
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MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Study Guide - Midterm Guide: Structure Of Policy Debate, Mac-10, Optimal Tax

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Econ 2j03 test #3 march 23, 2015 [3:30 pm 4:20 pm] Target emissions = 8 = e1 + e2. [mac for source2] (a) (b) (c) (d) (e) (f) Find the cost-efficient op
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW1 Answer Key V1

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This problem is based on the ricardian model. Gryffindor and slytherin, use troll labor to produce 2 goods, apples and candy. (a) use the information b
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW4 Answer

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW5 Answer

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Show all your calculations and explain all your answers. 1. (10 points) gryffindor produces 2 goods, magic potions (denoted by mp) and magic wands (den
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW6 Answer Key 2012

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW6 Answer

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW8 Answer

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Home assignment #8: answer key: (4 points) consider the large home country with the demand curve for tuna given by (p is the price per. 10kg, and q is
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW7 Answer

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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Study Guide - Quiz Guide: Cymbopogon, Hogwarts, Mw 50

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2. (10 points) gryffindor produces 2 goods, magic potions (denoted by mp) and magic wands (denoted by mw) using lemon grass (denoted by g) and troll la
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: HW2 Answer

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This problem is based on the specific factors model. Consider the economy of the shire that produces cereals and swords. Each industry employs hobbits,
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MCMASTERECON 3HH3Svetlana DemidovaWinter

ECON 3HH3 Quiz: 2019 - Practice question

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This question is based on the theory behind the use of export and production subsidies. Suppose home is a small country that exports corn. Under free t
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture 5: The Economics of Environmental Quality

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Pollution damages: refers to the negative impacts that users of the environment experience as a result of the degradation of the environment. Damage fu
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 9: Carbon Tax, Environmental Policy, Environment And Climate Change Canada

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Five primary criteria for policies: efficiency and cost effectiveness, fairness, incentive effects, enforceability, morality. Centralized policy is one
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MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Lecture Notes - Lecture 6: Profit Maximization, Coase Theorem, Marginal Cost

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Production possibility frontier (ppf) with environmental quality in the horizontal line and goods in the vertical line. Compare ppf of a developed econ
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MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Lecture Notes - System Dynamics, Environmental Policy, Intergenerational Equity

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Environmental economics is the study of environmental issues. It involves various decision-makers: consumers, firms, non-profit organizations, governme
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 12: Opportunity Cost, Ecotax, Marginal Cost

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There are two main market-based incentive polices used in environmental policy: taxes and subsidies, transferable emissions. Both require a regulator t
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 4: Pigovian Tax, Marginal Utility, Economic Efficiency

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Economic efficiency: in production is achieved when the marginal benefits from production equal the marginal costs this is achieved when marginal willi
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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 1: Intergenerational Equity, Externality

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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 11: Biochemical Oxygen Demand, Emission Standard

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Standards: are a type of command-and control (cac) technique, also known as direct regulation. These types of regulations where a type of behaviour is
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 16: Escherichia Coli, Quality Management, Nonpoint Source Pollution

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Water is important consumption good for humans, this is one of the many benefits of clean water. Used as an input in everything from food processing to
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 10: Normal Good, Free Rider Problem, Coase Theorem

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MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Study Guide - Midterm Guide: Pollutant, Form 10-Q, Opportunity Cost

OC39175110 Page
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The individual marginal willingness-to-pay for a public good is given below: P = 10 q, where q is the public good. Assume that there are 100 identical
View Document
MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Study Guide - Midterm Guide: Structure Of Policy Debate, Mac-10, Optimal Tax

OC3917518 Page
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Econ 2j03 test #3 march 23, 2015 [3:30 pm 4:20 pm] Target emissions = 8 = e1 + e2. [mac for source2] (a) (b) (c) (d) (e) (f) Find the cost-efficient op
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03- Midterm Exam Guide - Comprehensive Notes for the exam ( 12 pages long!)

OC79397312 Page
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Chapter 15: environmental policy and institutions in canada. It is often more difficult to achieve social efficiency than we assume when building model
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MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture 5: The Economics of Environmental Quality

OC7939732 Page
5
Pollution damages: refers to the negative impacts that users of the environment experience as a result of the degradation of the environment. Damage fu
View Document
MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 9: Carbon Tax, Environmental Policy, Environment And Climate Change Canada

OC7939733 Page
0
Five primary criteria for policies: efficiency and cost effectiveness, fairness, incentive effects, enforceability, morality. Centralized policy is one
View Document
MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03- Final Exam Guide - Comprehensive Notes for the exam ( 29 pages long!)

OC133427329 Page
0
View Document
MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Lecture Notes - Lecture 6: Profit Maximization, Coase Theorem, Marginal Cost

OC3127965 Page
7
Production possibility frontier (ppf) with environmental quality in the horizontal line and goods in the vertical line. Compare ppf of a developed econ
View Document
MCMASTERECON 2J03Rashid KhanWinter

ECON 2J03 Lecture Notes - System Dynamics, Environmental Policy, Intergenerational Equity

OC2674075 Page
67
Environmental economics is the study of environmental issues. It involves various decision-makers: consumers, firms, non-profit organizations, governme
View Document
MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 12: Opportunity Cost, Ecotax, Marginal Cost

OC7939735 Page
0
There are two main market-based incentive polices used in environmental policy: taxes and subsidies, transferable emissions. Both require a regulator t
View Document
MCMASTERECON 2J03Bradley MinakerWinter

ECON 2J03 Lecture Notes - Lecture 4: Pigovian Tax, Marginal Utility, Economic Efficiency

OC7939733 Page
0
Economic efficiency: in production is achieved when the marginal benefits from production equal the marginal costs this is achieved when marginal willi
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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03- Final Exam Guide - Comprehensive Notes for the exam ( 29 pages long!)

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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 7: Water Pollution, Economic Surplus, Human Capital

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Reduction in workers productivity accompanying poor health and shortened lives that reduce their human capital. Increased monetary expenditure on healt
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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 8: Water Pollution

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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 8: Contingent Valuation, Environmental Quality, Economic Surplus

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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 8: Air Purifier, Contingent Valuation, Demand Curve

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Preventive or mitigating expenditures, hedonic estimation, surrogate markets, contingent valuation. Preventive or mitigating expenditures: people often
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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture 6: Chapter 6 part 2

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Net benefits from reducing emissions from e=15 to e=10 are a+d. If the target of the project is to reduce emissions to 12 tonnes, the net social benefi
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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 6: Waste Treatment, Hazardous Waste

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Why use bca: bca analysis helps society make informed decisions and use scarce resources efficiently, governments can use benefit-cost analysis to dete
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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 6: Time Preference, Capital Market

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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture Notes - Lecture 7: Sensitivity Analysis

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Project a: total benefits , total costs , project b: total benefits , total costs , compare net benefit and benefit cost ratio for each, project a: nb:
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MCMASTERECON 2J03Rashid KhanSpring

ECON 2J03 Lecture 5: Chapter 5

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