Recent content by toknblackguy

did anyone attend the stochastic lectures? what did he say about how much we need to know about the calculations and formulae?

can someone tell me what the dericed factor demands are for perfect complements?? using calculus doesn't lead anywhere so my guess would be x1 = y/2 x2 = y/3 and cost function = 5y/3 never mind ;)

yep that's me and i'm in stephane's tute so you think it won't be heavily maths based?

if people have done them could you please help with tute 8? i' having troubles with review questions 22.5 and 23.4 can't seem to get it at all :(

hi guys i'm starting to get a little more worried the amount of stuff we've learnt is heaps!! so how are you guys preparing for the exam? :worried:

nevermind back up again :)

was there some sort of scheduled thing on again today that i didn't read? mine's stopped working, the day before an exam :mad1:

yay results are out and for anyone curious, i've attached a spreadsheet in the zip

hahaha i think they even used the same question order as last year! when are results expected?

thanks i think i get it! good luck today

ive got a question lecture 9 page 11 why was no conclusion drawn from the PQI? isn't it is PQI <=1 PtXt <= PtXb and so Xb RP Xt ? and from the LPI, if >=1, PtXb >= PbXb so can't we conclude that prices have risen?

yeah i'm starting to think it'd be a little ridicuolous for them to ask us to draw all the different types but i think if they give us a curve then we should be able to deduce properties from it eg some positive sloping engel curve leads us to conclude it's a normal good

and another question if we study from the lecture notes will we be covering everything we need to know, or should we know everything from the textbook eg only price and income elasticities in the notes, but there's a whole heap of other ones in the textbook thanks

got another question for lecture 5 where we go through engel curves and demand functions and stuff are we supposed to know engel curves (x1 against m) and demand functions x1 again p1 for all different types of goods/ cause some of them are pretty complicated and my fiagrams are pretty sucky...

thanks much appreciated did your mate happen to remember what the MC questions were previously like? chances are they wont change much at all