Supplementary Exercises

Other exercises you may want to do to help get the hang of the material. Many of the exercises have solutions available online; for those that don't, stop by during office hours and we can talk over your answer. The exercises are organized by the section of the course to which they correspond.

Demand, Supply and Markets: Problems on demand, supply, market equilibrium, consumer surplus, producer surplus, deadweight loss and efficiency.
Choice and Cost Benefit Analysis: Indifference curves, budget constraints, present value and expected value.
Producer Behavior and Market Structure: Cost minimization, profit maximization and markets.

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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 01/16/2023