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AHA moment in Economics. What was the most significant or interesting thing in learning about Economics? What does stand out in Economics?
At a university, suppose 50% of students are biology majors, 25% are economics majors. Data is also collected on class: 40% are freshmen, 30% are sophomore, 20% are juniors, and the rest are seniors. Assume that there is no double majors student, A. Consider the % of students who are neither biology nor economics majors. This % must be between _ and _. B. If 30% of sophomores are economics majors, what % of students are sophomores and major in...
(1) Explain the Political Economy Approach to Urban Economics. What are its main contributions to the existing studies on the field of urban economics. What are its differences from the mainstream urban economics? Throughout your essay, refer to the changes in political, economic and cultural conditions that led to the transformation of cities – as they are the very basis for different urban economics approaches.
What is WALRASIAN ECONOMICS and What is NON - WALRASIAN ECONOMICS ? State in detail the difference between the two?
D Question 5 Economists face an obstacle that many other scientists do not face. What is that obstacle? It is often difficult to formulate theories in economics, . It is often impractical to perform experiments in economics. The scientific method cannot be applied to the study of economics. Economics cannot be addressed objectively, it must be addressed subjectively. A
2. Suppose that a student intends to spend 4 days studying economics or astronomy. following table gives the maximum number of pages the student can review given astronomy, 3 days on astronomy and 1 on economics, 2 days on astronomy and economics, 1 day on astronomy and 3 on econo Days on Astronomy 4 Astronomy (pages) Days on Economics Economics (pages) 0 The 4 days on 2 on mics, and 4 days on economics. 140 80 120 210 270 300...
2. Suppose that a student intends to spend 4 days studying economics or astronomy. following table gives the maximum number of pages the student can review given astronomy, 3 days on astronomy and 1 on economics, 2 days on astronomy and economics, 1 day on astronomy and 3 on econo Days on Astronomy 4 Astronomy (pages) Days on Economics Economics (pages) 0 The 4 days on 2 on mics, and 4 days on economics. 140 80 120 210 270 300...
Hours Spent Studying Midterm Score Choice Economics Chemistry Economics Chemistry 5 95 70 93 78 3 2 84 2 86 81 0 5 75 91 a. Use the data in the table to draw a production possibilities frontier graph Label the vertical axis "Score on economics exam and label the horizontal axis "Score on chemistry exam." Make sure to label the values where your production possibilities frontier intersects the vertical and horizontal axes. (Note that the origin in your graph...
What is 5, 6, and 7? I think 1-4 is correct.
Suppose a student has 9 hours available to study Economics, Spanish and Psychology with an estimate of performance based on hours of study for upcoming exams. Hours Economics Spanish Psychology 30 to-amooooo 1. If our student spent all their time studying Economics, what will her grades be in Economics, Spanish and Psychology (i.e. her total # of points)? Economics: 91 Spanish: 30 Psychology: 35 2. If our student spent...
What is the Study of Economics? What is Macroeconomics? What is Microeconomics? In Economics, who does Scarcity affect, the rich person or the poor person and how?