PPT-EC102: Class

Author : luanne-stotts | Published Date : 2016-06-22

9 LT Christina Ammon Financial Systems Financial systems the institutions in the economy that facilitate the flow of funds between and among households and

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EC102: Class: Transcript

9 LT Christina Ammon Financial Systems Financial systems the institutions in the economy that facilitate the flow of funds between and among households and firm Financial markets vs financial intermediaries. STEP CLASS 1 CLASS 2 CLASS 3 CLASS 4 CLASS 5 CLASS 6 1 41,695 41,970 42,246 42,797 43,347 43,898 2 41,970 42,246 42,797 43,347 43,898 44,450 3 42,246 42,797 43,898 44,450 45,000 45,550 4 42,797 43,347 Christina Ammon. Elasticities. Own price . elasticty. =. the percentage change in the quantity demanded of a good when its price changes by 1 per cent . . Types . of . Elasticities. Own-price elasticity. Christina Ammon. The Firm/ Production. What is the aim of the firm? . Profits=Revenue-Total Economic Costs. Revenue=Price*Quantity. Total Economic Costs:. Concepts:. Total Economic Costs & Sunk Costs vs. Fixed and Variable Costs. Christina Ammon. Notes on the Problem Set. Two grades: One for multiple choice and one for Essay questions – put most of the weight on essay for final grade. For exam: would have all been saved by multiple choice. 8. Christina Ammon. Question . 1. Consider the initial situation of the tablet market in which Apple is a monopolist thanks to its . Ipad. . Suppose that Apple spends £2,000,000 on a new advertising campaign in the UK. As a result, the demand for . Christina Ammon. Overview. Collect Problem Set . Can also leave in pigeon hole until 5pm . sharp (. or email). Will go over parts next week in class. Today: Quiz 5. Continue with cost . minimisation. Christina Ammon. Overview. Will go through one question today as an example of what to . do + common mistakes. Will go through one more next week. Moodle Quiz 6. Common Mistakes/Tips. Expected to write half a page for each 5 point sub-question. 9. Christina Ammon. Game Theory - Concepts. Players. Actions. Strategies. Pay-offs. Nodes. What do we assume abou. t the information set?. An equilibrium is described in terms of strategies not in terms of pay-offs. 1 LT. Christina Ammon. Overview. Each class we cover the quiz and the essay. Sometimes will not have enough time for both – priority given to essay. Will collect all essays each week, but mark one or two each week. The team of qualified online tutors at Take My Online Class is available 24/7 to help online students and answer any questions they may have about coursework. For more information visit https://takemyonlineclass.com/. Online Class Assist, a popular online tutoring service, provides affordable online class help to thousands of online students in the USA. Online Class Help 911 conducts all their financial transactions through a secured payment gateway, and their customers’ email and chat conversations are protected. Booking business class flights has never been easier than with BuyBusinessClass. Their user-friendly platform allows you to browse through a wide range of options, view details of various airlines, and compare prices effortlessly. From providing class help service for single assignment to entire course completion, the academic service provider takes care of all the challenges associated with the tasks.

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