Economics 711: Assignments

Many assignments will be drawn from the collection listed below:

Micro Problems (Part 1)
Micro Problems (Part 2)

Many of the questions are at an intermediate level (but you won't be told which ones until it is too late). In most cases, it is a good idea to draw diagrams (if you find yourself differentiating a Lagrangean you are probably lost, unless you already know the answer).

Assignments will normally be made on Tuesdays, due on Monday, returned on Friday.

Assignment 1:
Problems 2, 3, 31 (from the collection listed above)
1.B.5 and 1.D.3 (from the Mas-Colell text)

Due: 12 noon, Monday, September 12 (in TA box)

Assignment 2:
Problems 56 and 104 (from the collection listed above)
2.F.2, 2.F.10 and 3.C.4 (from the Mas-Colell text)

Due: 12 noon, Monday, September 19 (in TA box)

Assignment 3:
Problems 12, 42 and 108.
3.D.5 and 3.D.7

Due: 12 noon, Monday, September 26

Assignment 4:
Problems 6, 105 and 106
3.I.7 and 3.G.12
Note: In 3.I.7, path independence means that the equivalent variation for a change from p^A to p^B can be computed as the sum of the EV for a change from p^A to p^C followed by a change from p^C to p^B, and the result does not depend on the choice of p^C.

Due: 12 noon, Monday, October 3

Assignment 5:
Problems 4, 11 and 28
4.D.5 and 5.C.11

Due: 12 noon, Monday, October 10

• Answer for Problem 11