- •Practice Assignment № 1
- •2) Which of the following best explains a linear production possibilities curve?
- •3) Which of the following statements best explains why a nation's consumption possibilities line lies outside of its production possibilities line?
- •4) How is a nation's production possibilities curve affected in the long run by a boom in both new and existing housing sales in the present?
- •5) The sacrifice or opportunity cost associated with an individual's consumption of an additional good:
- •7) Production efficiency is achieved:
- •Practice Assignment № 2
- •Variant № _____
- •Practice Assignment № 3
- •Practice Assignment № 4
- •Variant № _____ Main Requirement to the Design of the Assignment
- •Initial Data
- •List of the Tasks:
- •Individual data
- •Practice Assignment № 5
- •Individal assignment № 6 market structure analisys
Individal assignment № 6 market structure analisys
To do the work student need to choose some definite market for analysis and provide the answers for the following points (Scheme of work):
Name of a market (according to the product, region and time period of trade)
Number of the firms that function on the market
Firms shares on the market (structure of the market)
Characteristics of product (unique, homogenous or differentiated)
Barriers to enter the market
Firms behavior on the market
Conclusions (what market structure was defined for chosen product market)
Sources of information
The work has to be done on the basis of real information taken from different approved sourses (text-books, economic journals, Internet sites etc.) and also on the fundament of theoretical knowledge gained during studying the topics on market structures (mainly) and previous topics on microeconomics.