to expand my knowledge in econometrics and study econometric modelling. After preparing my seminar project‚ I began to be interested in labor economics and microeconomic issues. Besides econometrics‚ I want to deepen my knowledge in these topics also. The MA Program in Economics at Bogazici University is based on econometrics and microeconomics courses generally so I think that I can improve my abilities in my interest areas within the scope of this program. I have been thought by very good lecturers
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N.‚ (2012). Principles of Microeconomics (6th ed.) . Cengage Learning McGuigan‚ J. R.‚ Moyer‚ R. C.‚ & Harris‚ F. H. deB. (2014). Managerial economics: applications‚ strategies and tactics (13th ed.). Stamford‚ CT: Cengage Learning Nicholson‚ W. (2012). Microeconomic Theory: Basic Principles and Extensions (11th ed.). USA: Cengage Learning. Samuelson F. W. & Marks‚ G.S. (2012). Managerial Economics (7th ed.). Wiley Varian‚ H. R. (2011). Intermediate Microeconomics: A Modern Approach (8th ed
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Important Microeconomic Formulas Total Product = Quantity (Q) Average Product (AP) = Total Product (Q) / Labour (L) Marginal Product (MP) = Change in Total Product / Change in Labour Profit = Total Revenue (TR) – Total Costs (TC) Profit = (Average Revenue – Average Cost) x Quantity Total Revenue (TR) = Price (P) x Quantity (Q) Total Costs (TC) = Total Fixed Costs (TFC) + Total Variable Costs (TVC) Total Cost (TC) = Average Cost (AC) x Quantity (Q) Average Cost (AC) = Total Costs (TC) /
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Aqsa Kiran Prof. Moinul Islam 7th Feb‚ 2015 Intermediate Microeconomics PPE-3100 Home Work -1 1. Suppose a teenager has $20 and likes both rap music (R) and country music (C) with a set of preferences so that U = C1/2R1/2. Suppose that the iTunes price of a rap music song is and the price of a country music song is. Find optimum levels of R and C. What is the greatest level of affordable utility (Use Lagrange method)? U = C^1/2 R ^1/2 Constrain = Pc +PR = 20 Applying Lagrange Method
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Considering the elements of microeconomics‚ create a list of three (3) best practices that would benefit any small business or start-up. Explain your rationale. The element of microeconomics is every business endeavor is an exchange between a buyer and a seller. Understanding the factors that determine demand and supply is the first best practice that would benefit a small business startup. The demand reflects the willingness and ability of buyers to purchase goods and services at different prices
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Colander‚ D. (2010). Economics. New York‚ NY: McGraw-Hill/Irwin Publishers. University of Phoenix. (2012). Differentiating between Market Structures. Retrieved April‚ 24‚2012 from University of Phoenix‚ rEsource‚ Simulation‚ ECO365- Principles of Microeconomics Web site.
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Gujarat University‚ Ahmedabad – MBA Programme Details of the Courses Offered Annexure E Course Code: C101 Economics for Managers (EFM) 1. Course Objective This course is designed to impart knowledge of the concepts and principles of Economics‚ which govern the functioning of a firm/organisation under different market conditions. It further aims at enhancing the understanding capabilities of students about macro–economic principles and decision making by business and government. 2. Course Duration
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Microeconomic and Tourism I. Introduction …………………………………………………………………………. II. The significance of tourism to economic. ………………………………………… III. The impact of tourism on local society. …………………………………………... IV. The effects of tourism on microeconomics……………………………………….. V. UAE as an example for the subject. ………………………………………………. VI. Clusters and competitiveness of the UAE. ……………………………................ VII. Conclusion. ………………………………………………………………………… VIII. List of figures. ………………………………………………………………………
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Quality Indicators (how will it be graded; what constitutes a good assignment): The following are indicators of quality expected:• Depth of research• Feasibility of the project• Ability to use economics to assess strategic opportunities• Macro- and Microeconomic determinants capacity building through critical analysis• Real life value (more will be disclosed) | 1. Model – Rudy * What are Green Roofs * Why it exists – scientific viability: energy saving ‚ water saving‚ thermal insulation
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BD103 Microeconomics TUTORIAL Questions on Market Structure Section A – Multiple Choice Q1 Which market model has the least number of firms? (a) Monopolistic competition (b) Perfect competition (c) Monopoly (d) Oligopoly Q2 Perfect competitive firms maximize: (a) Total profits by producing where price exceeds average total cost by the greatest amount (b) Per unit profits by producing where marginal revenue equals marginal cost (c) Total profits by producing where price equals marginal cost (why
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