Ricardian - Study guides, Class notes & Summaries

Study Outline for Econ S10b Midterm Exam Harvard University, Summer School Note: The assigned readings are potential sources for exam questions. I will NOT ask narrow factual questions about these readings, but you should be able to relate their main arguments to the material we have discussed in class. Note: The following outline does NOT cover everything we have studied in the class. All concepts and applications that we have discussed in class are possible exam topics. Good items to st...

Assume the U.S. currently grows 2.3 million tons of fresh winter fruit and that the resources absorbed in the production of this fruit could have produced 300,000 laptop computers. Therefore, the opportunity cost of those 2.3 million tons of fruit is ??? computers. Suppose that South America could have instead produced those 2.3 million tons of fruit at an opportunity cost of 150,000 laptops. Because of the difference in opportunity costs between the two regions, it can be shown that trade...

Grade Details1.Question: In the Dornbusch-Fischer-Samuelson graph above, a uniform improvement in labor productivity in all the home country's industries would shift the A schedule and would lead to the export of a number of goods by the home country. Your Answer: upward; greater CORRECT upward; smaller downward; greater downward; smaller Points Received:2 of 2 Comments: 2. Question: The following Classical-type table shows the number of days of labor input required to obtain one uni...

Contents 1. Introduction ..................................................................................................................................... 14 1.1. What Is International Economics About?............................................................................. 14 1.1.1. The Gains from Trade...................................................................................................... 15 1.1.2. The Pattern of Trade.....................................................

1. Define Political Science and also give its aims and scope? 2. Critically examine the Historical approach of Political Science? 3. Discuss in detail the traditional and the contemporary scope of Political Science? 4. Is Political science s science in the true sense? Discuss the nature of Political Science in this context? 5. Enumerate the relationship of Political Science with other social sciences and specially law? 6. How far is it true to say that the origin of the state lies in force?...

NR 326 Final Exam Pollution (EconDef) when the residual assimilation services of the environment are free and unpriced Pollution (Envm Def) - waste assimilating capacity of the environment exceeded -pollution will not be reduced voluntary; requires coercion or and incentive for polluter to abate Types of Pollution Point Source: a single, identifiable, localized source of air, water, thermal, noise or light pollution (can be modeled as a point) Non-point: pollution that cannot be traced...

Q#1 What happens to M1 and M2 due to each of the following changes? (a) You take $500 out of your checking account and put it into a passbook savings account. (b) You take $1000 out of your checking account and buy traveler’s checks. (c) You take $1500 out of your money-market mutual fund and deposit into your checking account. (d) You cash in $2000 in savings bonds and invest the money in a certificate of deposit. Q#2 How would each of the following affect national saving, investment...

Study Outline for Econ S10b Midterm Exam Harvard University, Summer School Note: The assigned readings are potential sources for exam questions. I will NOT ask narrow factual questions about these readings, but you should be able to relate their main arguments to the material we have discussed in class. Note: The following outline does NOT cover everything we have studied in the class. All concepts and applications that we have discussed in class are possible exam topics. Good items to st...

This is a summery and notes of all the 12 (introduction to) political economy lectures at the UvA. I passed the course with a solid 7,8. This summary is useful for the Multiple choice exam as well as the final exam.

Dit is mijn samenvatting van International Economics. Deze samenvatting bevat alle geziene leerstof in semester 1 van het vak International economics. Ik heb zowel de hoorcolleges als het handboek samengevat. Met deze samenvatting heb je dus voldoende informatie om te slagen voor dit vak. Ik volgde dit vak in mijn derde bachelor Handelswetenschappen aan de UHasselt.