All Educational Materials for ECON 2400 at York University (YORKU)

In 1900, the average income for an american was ,793 (2005 dollars), and this grew to. It is striking that except for the great depression and world wa

Lecture schedule: tuesday and thursday 1:00 pm - 2:30 pm at hne 038. Pre-requisites: ap/econ1000 3. 0, ap/econ1010 3. 0, and ap/econ1530 3. 0. Course d

Global economy @ nyu stern categories confusing, simply type what you"re looking for into the search box on the upper right: real gdp, consumer price i

Notes: in all of the questions, unless otherwise noted, assume the consumption function is insensitive to the real interest rate. Part i consists of 10

Answers to sample final: a competitive equilibrium and the social planner"s problem are two different arrangements to allocate resources in an economy.

Total marks: 30: consider an economy with an apple farmer (firm a), a juice producer (firm j), some consumers, and a government. Assume that the only i

Solution to problem set 2: consider the classical model of a long-run closed economy. Suppose the tax laws are altered to provide more incentives for p

Problems: although we often think about the negative externalities of congestion and pollution in cities, there may also be some positive externalities

Part i (multiple choice: d. gross investment = new houses+equipment and plant investment+change in inventories = 1940+2560-160=4340, b. nx=ex-im=1420-1

Answers to sample final: a competitive equilibrium and the social planner"s problem are two different arrangements to allocate resources in an economy.

Total marks: 30: consider an economy with an apple farmer (firm a), a juice producer (firm j), some consumers, and a government. Assume that the only i

Instructions: there are three parts of the exam. Answer all questions in this part by circling the appropriate choice. You do not need to show your wor

Income and expenditure accounts: explain why the unemployment rate might not be an accurate measure of labour market tightness, consider an economy, wh

Di erence between microeconomics and macroeconomics: micro is more detailed and macro focuses on the whole society. Macroeconomics policies regarding t

It is concerned with the factors contributed to the increase in output per person. Economic growth is an increase in the amount of goods and services p

Nominal exchange rate is value of foreign currency in terms of domestic currency. It is number of $ canadian you need to buy 1. Real exchange rate is i

Kt+1 = it + kt (1 ) kt: the stock of capital of an economy at the beginning of period t. it: (gross) investment during period t. : the depreciation rat

C h a p t e r 3 national income: where it comes from and where it goes. Questions for review: the factors of production and the production technology d

Positive linear, positive becoming steeper, positive becomes steep. Variables that move in two different directions, increasing and decreasing. The poi

Di erence between microeconomics and macroeconomics: micro is more detailed and macro focuses on the whole society. Macroeconomics policies regarding t

Lecture schedule: tuesday and thursday 1:00 pm - 2:30 pm at hne 038. Pre-requisites: ap/econ1000 3. 0, ap/econ1010 3. 0, and ap/econ1530 3. 0. Course d

Total marks: 30: consider an economy with an apple farmer (firm a), a juice producer (firm j), some consumers, and a government. Assume that the only i

In 1900, the average income for an american was ,793 (2005 dollars), and this grew to. It is striking that except for the great depression and world wa

Gdp: the quantity of goods and services produced within a country"s borders over a particular period of time. Per capita real gdp is a measure of avera

Gdp: the quantity of goods and services produced within a country"s borders over a particular period of time. Per capita real gdp is a measure of avera

Answers to sample final: a competitive equilibrium and the social planner"s problem are two different arrangements to allocate resources in an economy.

Good luck: 35 points the economy consists of a coconut producer, a restaurant, consumers, and a government. The coconut producer produces 10 million co

Answers to sample final: a competitive equilibrium and the social planner"s problem are two different arrangements to allocate resources in an economy.

Instructions: there are three parts of the exam. Answer all questions in this part by circling the appropriate choice. You do not need to show your wor

Income and expenditure accounts: explain why the unemployment rate might not be an accurate measure of labour market tightness, consider an economy, wh

Total marks: 30: consider an economy with an apple farmer (firm a), a juice producer (firm j), some consumers, and a government. Assume that the only i

In 1900, the average income for an american was ,793 (2005 dollars), and this grew to. It is striking that except for the great depression and world wa