Updated office hours

Office hours for the remainder of exam week:

Tuesday: none (I'm dealing with finals all day.)

Wednesday: 2:00 - 4:00 p.m.

Thursday: 2:00 - 3:30 p.m.

Friday: None

If these times are not convenient, you may get lucky and I'm in early and you can drop in.

Answer key to sample problems for the final

Here is an attempt at the answer key. Let me know if you think any of these is wrong.

Check back for updates.

1-C; 2-A; 3-D; 4-A (same as prob. 2); 5-A; 6-D;
7-B; 8-B; 9-B; 10-B; 11-D;
12-D; 13-A;
14-B; 15-D; 16-C; 17-A;
18-A; 19-C; 20-D; 21-B; 22-B; 23-C; 24-A; 25-A;
26-B; 27-A; 28-C; 29-B;
*30-B; 31-B; 32-D 33-A; 34-D;
35-B; 36-D; 37-C; 38-B;
39-C; 40-C; 41-C; 42-A; 43-D; 44-B;
45-D; 46-B; 47-D; 48-C; 49-A;
50-C**; 51-B; 52-D**; 53-D

*The table on this page 7 says it is for problems 7 through 11. Clearly the table is for problems 30-34.

**50 & 52 use some terminology that we did not discuss in class. The concept of economic surplus and deadweight loss are discussed in a section of chapter 4, I think, that we skipped over. You will not be responsible for this terminology. But a quick read might be insightful when it comes to efficiency.

Sample multiple choice problems for final

I have posted some sample problems for you to work on and study. For the time being, all I can provide is a docx file. I cannot convert it to pdf until I get to the office Monday morning.

Apologies again...

Hey folks!

I'm having some trouble with my home computing. (Yes, my set up is shamefully not up to what you should expect.) I'm going to have to get to the office sometime Sunday to get the sample problems out onto the I-drive.

I appreciate your patience. The lack of sample problems shouldn't stop you from studying.

JJ