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Describing Risk * To measure risk we should know: 1) All the outcomes which are possible. 2) The probability that each outcome will occur. * Interpreting Probability
Principle Agent Problem [Dealing with hidden action] Assume that the employer (principle) wants its employee (agent) to work hard [You can safely assume that this maximizes th
Assume in the Solow growth model that s=.25, n=.02, d=.08, and f(k)=k^3. A) Assume that z=2. What is the steady state level of capital per worker and consumption per worker?
illustrate and discuss the implications of various market structures (competitive and non-competitive) for price determination
implications of varios market structure for price determination
What is contraction of supply?
what are the pros and cons of monopsony
about visit to village panchayat fo data agriculture based project
what is the Theory of second best? Prove the theorem with the help of digram
use a graphical illustration to describe briefly what the influence of each of the following be on the market supply of labour,(a) an increase in immigrants, (b) a reduction in wag
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