Reading Quiz 4

The 4th pre-class reading quiz is posted here: Reading Quiz 4.  Email your responses to me by 7 am on Tuesday, October 5th.

Problem Set 4

NOTE: AN ADDITIONAL PROBLEM HAS BEEN ADDED.

Problem Set 4 is due at the beginning of class on Thursday, September 30th.

Problem Set 4 Directions: To receive full credit for this assignment, you must show all work. You may use calculators/comptuer software for arithmetic but not for computing determinants.

Complete the following problems:

• Section 2.1 (2c, 3d, 4, 5)
• Secton 2.2 (1c, 2, 3df, 4, 6, 7)
• Section 2.3 (2b)

Reading Quiz 3

The third pre-class reading quiz is posted here: Reading Quiz 3.  Email your responses to me by 7 am on Thursday, September 23rd.

Midterm 1 Review Problems

Your first midterm will be Tuesday, Septemeber 21st during class.  As you study for the first midterm, I encourage you to try some of the following problems, and get help figuring out any questions you aren't able to answer correctly.  Also, look over your old problem sets and course notes to make sure you understand your previous work in this course.

Section 1.1 (3, 6fh, 9, 10)
Section 1.2 (5ce, 6d, 7, 10, 13, 14, 15)
Section 1.3 (1d, 2bc, 6c, 8b, 10, 12)
Section 1.4 (3, 7, 14, 19, 31, 34, 35)
Section 1.5 (3c, 10bf, 11, 12a, 15, 29, 31) 

Problem Set 3

Problem Set 3 is due at the beginning of class on Thursday, September 16, 2010.


Problem Set 3 Directions: To receive full credit for this assignment, you must show all work. Calculators and/or computer software should not be used for this assignment.

Complete the following problems: Section 1.5 (5, 7, 9, 10e, 10g, 16)

Problem Set 2

Problem Set 2 is due at the beginning of class on Tuesday, September 14, 2010.


Problem Set 2 Directions: To receive full credit for this assignment, you must show all work. Calculators and/or computer software should not be used for this assignment.

Complete the following problems:

• Suppose an economy has only two sectors, Goods and Services. Each year, Goods buys 20% of its own output and sells the other 80% of its output to Services, while Services buys 30% of its own output and sells the other 70% of its output to Goods. Find equilibrium prices for the annual output of the Goods and Services sectors that make each sector's income equal its expenditures.
• Section 1.3 (1e, 2d, 7b, 9, 11)
• Section 1.4 (12, 13b, 16)

Reading Quiz 2

The second pre-class reading quiz is posted here: Reading Quiz 2.  Email your responses to me by 7 am on Thursday, September 9th.

Problem Set 1

Problem Set 1 is due at the beginning of class on Tuesday, September 7, 2010.

Problem Set 1 Directions:  To receive full credit for this assignment, you must show all work.  Calculators and/or computer software should not be used for this first assignment.

Complete the following problems:
Section 1.1 (6--part e only)
Section 1.2 (5--parts f and l only, 6--parts b and c only, 9, 19)