PMAP 4061 Study Guide - Demand Curve, Proportional Tax, Information Asymmetry
30 Oct 2014
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Study guide for final exam on november 30, 2010 4:30 pm. Gruber, chapter 2, 5, 6, 7, 8, 12, 18, 19 (pp. You need to be familiar with the following concepts and able to apply them in multiple choice, short answers, and problem questions: demand and factors that shift the demand curve mankiw, ch. 4: supply and factors that shift the supply curve - mankiw, ch. 5: price elasticity of demand, elasticity of supply, consumer surplus gruber, ch. 2: definition of monopoly and examples mankiw, ch. 15: monopoly pricing and output decision mankiw, ch. 15: definition of externality and examples gruber, ch. 15: negative production externality, negative consumption externality, positive production externality, positive consumption externality. 5, 6: definition of public goods and examples gruber, ch. 7: pure public goods, mixed public goods. 12: taxes collected by the government gruber, ch. 18: calculate revenue collected - gruber, ch. 18: tax to correct for externality - gruber, ch.
