Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Econometrics Expert

problem 1: Answer the given problems (any ten):

a) State Samuelson’s definition of revealed preference.
b) What is the Hicksian definition of marginal rate of substitution?
c) State Ragner Frisch’s definition of Dynamic Economics.
d) What is Lewi’s definition of the capitalist sector?
e) State any two suppositions of Ohlin’s theory of international trade.
f) State any two problems of Green Revolution describeed by Myrdal.
g) Define physical criteria of factor abundance.
h) What is Kantorovich’s definition of decentralization?
i) State any two suppositions of Solow’s model of economic growth.
j) Illustrate Kuznet’s definition of double counting?
k) Give any two drawbacks of regulations recommended by Stigler.
l) Illustrate Stone’s definition of National Income?
m) Illustrate Timbergen’s definition of static economics?

problem 2: Answer the given problems (any two):

a) Illustrate the properties of Hicksian indifference curve?

b) Describe the suppositions of input-output analysis.

c) Describe the characteristics of Hayek’s Neutral Money Policy.

d) Describe Arrow’s conditions of social choice.

problem 3: Answer the given problems (any two):

a) Describe Amartya Sen’s applied approach to trade and welfare.

b) Describe the Friedman’s theory of cash balance.

c) Describe Meade’s approach to trade and welfare.

d) Social ownership of the means of production is only an essential however not a sufficient condition for efficient allocation of resources. Describe.

problem 4: Answer the given problems (any two):

a) Describe in detail the Leontiefs Input-Output analysis.

b) Examine the portfolio theory of Tobin.

c) What are the properties of indifference curve? Describe the consumer’s equilibrium described by Hicks.

d) Describe in detail the Ohlin’s theory of international trade.

Econometrics, Economics

  • Category:- Econometrics
  • Reference No.:- M95738

Have any Question? 


Related Questions in Econometrics

1 use economics to explain why people contribute to

1. Use economics to explain why people contribute to charities.? 2.In presidential campaigns, candidates always seem to make more promises than they can fulfill: more and better health care; a better environment; only mi ...

The size of the piece of chocolate in fig 18 is increased n

The size of the piece of chocolate in Fig. 1.8 is increased n times and its weight is proportional to the mass. If the density of the model is half that of the original piece, determine the weight of the model

Saving sony musicexplore the crisis that internet file

SAVING SONY MUSIC Explore the crisis that Internet file sharing of copyrighted music recordings has caused for Vivendi Universal, Sony Music, EMI, and AOL Time Warner Music, who together formerly supplied 70 percent of t ...

Solved problem 33 claims that a new war in the persian gulf

Solved Problem 3.3 claims that a new war in the Persian Gulf could shift the world supply curve to the left by 3 million barrels a day or more, causing the world price of oil to soar regardless of whether we drill in ANW ...

Suppose that american borax is a monopolist and that the

Suppose that American Borax is a monopolist and that the worldwide demand for borax is Q = 100 - P where Q is tons of borax and P is the price per ton. The total cost function for American Borax is TC = 10Q + 0.5 Q 2 . a ...

In 2006 firms in the drug industry earned an average return

In 2006, firms in the drug industry earned an average return on net worth of 22 percent, compared with an average return of 14 percent earned by over 1,400 firms followed by Value Line. Which theory or theories of profit ...

Suppose the market demand for burritos is given by qd 40 -

Suppose the market demand for burritos is given by Q d = 40 - 5P and the market supply for burritos is given by Q s = 10P - 20, where P = price (per burrito). a. Graph the supply and demand schedules for burritos. b. Wha ...

Wyandotte chemical company sells various chemicals to the

Wyandotte Chemical Company sells various chemicals to the automobile industry. Wyandotte currently sells 30,000 gallons of polyol per year at an average price of $15 per gallon. Fixed costs of manufacturing polyol are $9 ...

The williams company has a present capital structure that

The Williams Company has a present capital structure (that it considers optimal) consisting of 30 percent long-term debt and 70 percent common equity. The company plans to finance next year's capital budget with addition ...

Consider the demand for cupcakes in problem 17 suppose

Consider the demand for cupcakes in Problem 17. Suppose Elaine decides to sell cupcakes only in packages of 20. a. How much would customers be willing to pay to obtain a 20-pack of Elaine's cupcakes? (Hint: Remember that ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen