ECON 302 Intermediate Microeconomic Analysis Homework 2.
This course is an advanced introduction to labor economics, and as such has a prerequisite of either ECON 302 or ECON 315. In turn, this course will serve as a gateway to advanced seminar courses in labor economics at the 400 level that the Economics Department is in the midst of creating. The course will count toward both the major and the minor in economics.ECON 302 Homework 1 Answers (2017) (Penn State University) 1. (18 points) For each of the following situations, i) Find the Marginal Rate of Substitution at the given bundle, and ii) use a graph to indicate the given bundle, and accurately draw the indifference curve that goes through that bundle. Be sure to label you graph carefully and accurately.Econ doesn't come naturally to me. I missed quite a bit of class, but between his notes packet (particularly the extra problem sets and answer keys at the back) and Nittany Notes I was able to teach myself well enough to get a B in the class. Dave is a good guy and a very fair grader. The emphasis on exams is all quantitative. Know how to solve the basic different kinds of problems, and.
The economics minor requires the student to pass with C or better 18 credits of courses in economics: Economics 102 (GS), 104 (GS), 302 (GS), 304 (GS) and any two 400-level courses in the economics department. Upon graduation, the student's transcript will state that the economics minor has been completed. The diploma received at graduation will not indicate that a minor has been completed.Penn State Learning and many other academic units at University Park offer tutoring at no charge to Penn State undergraduates. Resources are provided here by subject. If you are at another Penn State campus, please find and make contact with your own Campus Learning Center. If you happen to be visiting University Park, you are welcome to use Penn State Learning resources.
ECON 302: Homework 3 Due Wednesday, September 18, in class. Do the following problems. Problem 1 is based on (but slightly different from) problem 4.7 in Besanko and Breautigam. Problem 4.6 has a similar underlying idea (although the process for solving is a little different) and has an answer in the back of the textbook. You may find it helpful to look there if you are stuck. Problem 1 Dave.
