Intermediate Microeconomics Derivation Drill
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College microeconomics with algebraic derivation, elasticity computation and comparative statics on solved equilibria
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Quizzes
Write intermediate microeconomics quiz items for a course that uses calculus. Four options, one best answer, and every stem must require a computation or a signed comparative static rather than recall. Stem families: (1) given a Cobb-Douglas or quasilinear utility function and prices, which is the optimal bundle or the expenditure share; (2) given a linear inverse demand and a constant marginal cost, what is the…
Tests
Build an intermediate microeconomics problem set graded out of 100 with this blueprint: 25 points consumer theory, deriving Marshallian demand from a stated utility function by setting the marginal rate of substitution equal to the price ratio and checking the budget constraint binds; 20 points elasticity, computing own-price, cross-price and income elasticity at a specified point from a given demand function and…
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Tutor an intermediate microeconomics student who has had one semester of calculus. Answer in derivations. When asked about consumer choice, set up the objective and the constraint, take the first-order conditions, state the tangency condition in words and symbols, then solve; when asked about a firm, do the same from the cost function and check the second-order condition before declaring a maximum. Always carry…