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1a. Describe what assumptions are necessary to use a regression discontinuity approach.
1b. What does research conclude about the important inputs of education production?
1c. Explain what peer effects are and provide an example of both a positive and a negative peer effect.
1d. Explain the difference between correlational evidence vs. causal evidence. Discuss why finding causal evidence for topics in economics of education is difficult.
1e. When does the racial achievement gap show up in testing? What are reasons that explain this gap? What are ways we could close this gap using education?
1f. What does the evidence conclude about vouchers and school choice? What are reasons that school vouchers might not work in the way economic models predict?
The researchers stated that there were no significant differences in the baseline characteristics of the intervention and control groups.
Suppose Nike's managers were considering expanding into producing sports beverages. Why might the company decide to do this under the Nike brand name? A or B
What financial impact can changing foreign currency exchange rates have on a multi-national company?
Question: What is Nominal GDP and Real GDP? What do they measure?
What is the difference between the equal quarterly payments on the present bank loan and the proposed insurance company loan?
According to the political business cycle theory, if the Fed wanted to see a President re-elected, prior to the election it might.
If the employer offers a salary equal to the average productivity in the population, what will be the employer' s per-employee profit?
Discuss some of the methodological and measurement problems one might encounter in using time-series data to estimate the parameters of this model.
According to the World Bank’s Mind, Society, and Behavior, which two economists are associated with the removal of psychological factors from economics generally and from “making predictions about market outcomes” in particular?
As noted in the chapter, separating the production of electricity from its delivery has led to considerable deregulation of producers. (See page 599 in the textbook.) Briefly explain which of these two aspects of the sale of electricity remains susce..
Data for an economy shows that the unemployment rate is 10% the participation rate is 80% and 20 million people 15 years or older are not in the labour force.
show the new quantity demanded at that price as we did in class. Also, show that the new total revenue will be greater than then old total revenue.
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