Microeconomics problem sets
Supply and demand, elasticity and market structures.
Connect economic models with data, policy questions, and real-world tradeoffs.
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Economics assignments
Economics mixes models, graphs and data. Problem sets test whether you can apply models; essays and econometrics projects test whether you can use them to explain real outcomes.
Supply and demand, elasticity and market structures.
GDP, inflation, monetary and fiscal policy.
Regression analysis and interpreting results.
Policy analysis using economic models and evidence.
Core topics
For economic models, policy analysis, and econometrics exercises with a focus on microeconomics.
Estimate your requestFor economic models, policy analysis, and econometrics exercises with a focus on macroeconomics.
Estimate your requestFor economic models, policy analysis, and econometrics exercises with a focus on econometrics.
Estimate your requestCommon questions
Examine how determinants of demand (income, preferences) or supply (input costs, technology) shift curves to determine resulting changes in equilibrium price and quantity.
Microeconomics examines individual consumer and firm decision-making. Macroeconomics analyzes economy-wide phenomena such as inflation, unemployment, and monetary/fiscal policy.
Calculate GDP via expenditure as Consumption + Investment + Government Spending + Net Exports ($C + I + G + NX$), or via the income approach summing wages, rents, interest, and profits.
Calculate elasticity as the percentage change in quantity demanded divided by the percentage change in price, determining whether a good is elastic, inelastic, or unit elastic.
Analyze firm behavior, pricing power, barriers to entry, and efficiency across Perfect Competition, Monopolistic Competition, Oligopoly, and Monopoly markets.
Fiscal policy involves government taxation and spending adjustments managed by the legislature. Monetary policy involves interest rate management and money supply control managed by the central bank.
The IS-LM model illustrates the general equilibrium of goods/services markets (IS curve) and money markets (LM curve) interacting across interest rates and national income.
Externalities are costs or benefits affecting third parties. Governments correct negative externalities (like pollution) using Pigouvian taxes, or positive externalities using subsidies.
Determine opportunity costs of production for trading nations to identify comparative advantage, illustrating how specialization and trade expand consumption possibilities.
Yes. Support covers OLS regression assumptions, hypothesis testing, multicollinearity checks, heteroskedasticity corrections, and interpretation in software like Stata or R.
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