# Assignments

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.

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 |