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本课程起止时间为:2020-10-22到2021-01-31
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Unit 1 Introduction Unit 1 Test

小提示:本节包含奇怪的同名章节内容

1、 问题:Which of the following statements is a normative statement?
选项:
A:The government ought to take some measures to reduce the unemployment rate
B:The unemployment rate is up 1 percentage point from a year ago
C:The unemployment rate is currently at 6.5 percent.
D:Based on empirical data, the higher the rate of inflation, the lower the unemployment rate.
答案: 【The government ought to take some measures to reduce the unemployment rate

2、 问题:Which of the following statements is not a positive statement?
选项:
A:Increasing pollution taxes can reduce pollution emissions.
B:Based on empirical data, environmental pollution first rises and then falls with per capita income, presenting an inverted U-shaped curve.
C:Taxing air pollution will increase the cost of making steel.
D:Air pollution is harmful, therefore, the government should increase the tax in order to reduce pollution.
答案: 【Air pollution is harmful, therefore, the government should increase the tax in order to reduce pollution.

3、 问题:Economics is the study of how scarce resources are allocated efficiently among different uses.
选项:
A:正确
B:错误
答案: 【正确

4、 问题:Microeconomics studies the economy from the perspective of individual agents, such as consumers, firms, governments, etc.
选项:
A:正确
B:错误
答案: 【正确

5、 问题:Microeconomics studies the overall economy, such as gross domestic product, economic growth, interest rates, unemployment, inflation, etc.
选项:
A:正确
B:错误
答案: 【错误

6、 问题:Exogenous variable is generated within a model and whose value is changed by the other variables in that model.
选项:
A:正确
B:错误
答案: 【错误

7、 问题:If an allocation is Pareto efficient, to make any one get better off we must make another one worse off.
选项:
A:正确
B:错误
答案: 【正确

8、 问题:Given an initial allocation, if you find a change in allocation could help at least one person and harms no one, the change is called Pareto improvement.
选项:
A:正确
B:错误
答案: 【正确

9、 问题:An allocation is Pareto efficient if it allows Pareto improvement.
选项:
A:正确
B:错误
答案: 【错误

10、 问题:What is 
选项:
A:
B:
C:
D:
答案: 【

11、 问题:Economics is divided into two important sections, which are: Macroeconomics & Microeconomics.
选项:
A:正确
B:错误
答案: 【正确

12、 问题:The first order condition is a necessary condition for a maximum, but it is not a sufficient condition.
选项:
A:正确
B:错误
答案: 【正确

Unit 2 Preference and Utility Unit 2 Test

小提示:本节包含奇怪的同名章节内容

1、 问题:If utility is given by  , then the person’s MRSxy at the point x = 5, y = 2 is given by     . (hint: calculate MRSxy =MUx/MUy first, then substitute the value of x and y)
选项:
A:1
B:1.5
C:5
D:0.4
答案: 【0.4

2、 问题:If utility is given by  U(x,y)=x+y, then the person’s MRSxy at the point x = 5, y = 2 is given by     . 
选项:
A:1
B:1.5
C:5
D:0.4
答案: 【1

3、 问题:If utility is given by  U(x,y)=min{x,y}, then the person’s MRSxy at the point x = 5, y = 2 is given by     . 
选项:
A:1
B:1.5
C:5
D:0
答案: 【0

4、 问题:If utility is given by  U(x,y)=2xy, then the person’s MRSxy at the point x = 5, y = 1 is given by     . (hint: calculate MRSxy =MUx/MUy first, then substitute the value of x and y)
选项:
A:1
B:1.5
C:5
D:0.2
答案: 【0.2

5、 问题:Which of the following utility functions would not be consistent with the notion that x and y are both “goods” with positive marginal utilities (ie. more is better)?
选项:
A:
B:U(x,y)=x+y
C:
D:U(x,y)=x/y
答案: 【U(x,y)=x/y

6、 问题:Which of the following utility functions would be consistent with the notion that preference is strictly convex (Hint: MRSxy is diminishing as x increases)?
选项:
A:
B:U(x,y)=x+y
C:U(x,y)=2x+y
D:U(x,y)=min{x,y}
答案: 【

7、 问题:Which of the following is not an axiom of consumer preference?
选项:
A:Reflexivity
B:Completeness
C:Convexity
D:Transitivity
答案: 【Convexity

8、 问题:In microeconomics, if α is at least as preferred as β and β is at least as preferred as γ, then α must be at least as preferred as γ.
选项:
A:正确
B:错误
答案: 【正确

9、 问题:All consumption bundles on the same indifference curve are equally preferred for the consumer.
选项:
A:正确
B:错误
答案: 【正确

10、 问题:For a well-behaved preference, a consumption bundle on a higher indifference curve must bring lower utility level.
选项:
A:正确
B:错误
答案: 【错误

11、 问题:For a well-behaved preference, the indifference curves must be positive sloped.
选项:
A:正确
B:错误
答案: 【错误

12、 问题:For a well-behaved preference, the indifference curves must be straight lines.
选项:
A:正确
B:错误
答案: 【错误

13、 问题:For perfect substitutes, the indifference curves must be straight lines.
选项:
A:正确
B:错误
答案: 【正确

14、 问题:For perfect complements, the indifference curves must be straight lines.
选项:
A:正确
B:错误
答案: 【错误

15、 问题:Given U(A)=2, U(B)=1, according to ordinal utility, this consumer gets twice as much utility from A as from B.
选项:

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