1. The demand for factors of production and their replacement.


2. The characteristics of the market of perfect competition. Give examples.


3. Define opportunity cost. Are all the costs are alternatives?

Budget cash costs (den. Units).

Tuition - 8700

Books and manuals - 600

Transfers to and from home - 600

Housing -2000

Power - 2350

Personal expenses - 1050

Calculate your budget alternative values \u200b\u200bif you do not learn, and went to work.


4. The seller has decided to increase sales by lowering prices for flower from 25 to 20 den. units. The volume of sales changed from 150 to 250 units per day. Determine the coefficient of elasticity of demand for roses. Did the cost price reduction when the seller Rose buys them in bulk to 12 den. units apiece?


5. Using the data, calculate the marginal cost (MC). Graphically explain what

Volume of production, piece 0 10 20 30 40 50

Total costs, den. units 10 90 160 200 260 360


6. Build a budget line for the consumer whose income 30 den. units per week and distribute it between goods X and Y, for which PX = 6, PN 5 den. units. Graphically the effects of price reduction Roux to 3 den. units (P remained unchanged). Determine the point of consumer equilibrium, if the consumer is given the indifference curve

Product X 2 3 5 7

Goods in 8 4 2 1


7. Inflation: the nature and types, reasons.


8. Investments and factors affecting their value. How does the multiplier effect?


9. Using the data given, draw the Laffer curve.

Explain why a certain point increase in tax rates total amount of taxes collected does not increase but decreases. At what level of income tax exemption total amount of tax revenue will

maximum.

The percentage of the tax exemption 10 20 30 40 50 60

Total income taxes on profits to the budget, bln. Den. units 300 550 650 900 800 700


10. List and explain the principles of lending.


11. Look carefully at the table

Production stage Items labor den. u Zar. fee den. u Profit den. u Total cash. u

I a) Cast iron 150 20 10 180

b) Steel 180 30 15 225

II Rental 225 20 25 270

Parts III 270 40 50 360

Motor 360 IV 70 80 510

V Tractor 510 100 150 760

a) Is it right thus obtaining 760 den. Units consider the financial cost of the production and use it to measure the growth of the economy; b) What is the real gross domestic product; c) what is the amount of double counting in the table.


12. Draw the line and explain the factors that increase or lowering aggregate demand of society: a) wage growth; b) raising taxes; c) the increase in households´ propensity to save; d) An increase of money in circulation; d) reducing the turnover rate of the money supply; e) The increase in the total price; g) increase in propensity to consume.


References 18