Daisy Hung, director of National Central University’s Graduate Institute of Cognitive
Neuroscience, said in an article published in the Common Wealth magazine recently
that during a ministry inspection trip at National Taiwan University’s (NTU) College of
Medicine, she saw students arrive late for classes, doze off, eat instant noodles or
drumsticks, watch TV on their laptops or send text messages to their friends during
class.
「With college student attitudes like these, how are we going to compete with others?」
Hung said in the article. 「If you don’t want to study hard, why not yield the
opportunity of learning to other people who really want to learn?」
Offering support to the criticism made by Hung, Minister of Education Wu Ching-chi
said many professors had complained that students in Taiwan had become less
hard-working, with the majority of students staying up late and deliberately not
attending classes early in the morning.
(adopted from Flora Wang “Snoozing students spark scolding from education minister”,
Taipei Times Nov 12, 2009)
“As Tracy, a college student, consumes more dates over the course of a day, it is likely
that her marginal utility from date consumption will rise.” Is the previous statement
likely
(答「incorrect」者請簡單說明理由,若無解釋此子題將不予計分) (5%)
incorrect?
correct.
Daisy Hung, director of National Central University’s Graduate Institute of Cognitive
Neuroscience, said in an article published in the Common Wealth magazine recently
that during a ministry inspection trip at National Taiwan University’s (NTU) College of
Medicine, she saw students arrive late for classes, doze off, eat instant noodles or
drumsticks, watch TV on their laptops or send text messages to their friends during
class.
「With college student attitudes like these, how are we going to compete with others?」
Hung said in the article. 「If you don’t want to study hard, why not yield the
opportunity of learning to other people who really want to learn?」
Offering support to the criticism made by Hung, Minister of Education Wu Ching-chi
said many professors had complained that students in Taiwan had become less
hard-working, with the majority of students staying up late and deliberately not
attending classes early in the morning.
(adopted from Flora Wang “Snoozing students spark scolding from education minister”,
Taipei Times Nov 12, 2009)
Tracy plays another hour of computer games rather than study for the hour even
though she knows that the next day, when she takes her test, she will regret her
decision. Tracy is showing (5%)
bounded self-interest.
bounded will power.
the endowment effect.
bounded rationality.
Daisy Hung, director of National Central University’s Graduate Institute of Cognitive
Neuroscience, said in an article published in the Common Wealth magazine recently
that during a ministry inspection trip at National Taiwan University’s (NTU) College of
Medicine, she saw students arrive late for classes, doze off, eat instant noodles or
drumsticks, watch TV on their laptops or send text messages to their friends during
class.
「With college student attitudes like these, how are we going to compete with others?」
Hung said in the article. 「If you don’t want to study hard, why not yield the
opportunity of learning to other people who really want to learn?」
Offering support to the criticism made by Hung, Minister of Education Wu Ching-chi
said many professors had complained that students in Taiwan had become less
hard-working, with the majority of students staying up late and deliberately not
attending classes early in the morning.
(adopted from Flora Wang “Snoozing students spark scolding from education minister”,
Taipei Times Nov 12, 2009)
The paradox of value can be resolved by distinguishing between (5%)
supply and quantity supplied.
quantity demanded and quantity supplied.
normative and positive statements.
total utility and marginal utility.
Daisy Hung, director of National Central University’s Graduate Institute of Cognitive
Neuroscience, said in an article published in the Common Wealth magazine recently
that during a ministry inspection trip at National Taiwan University’s (NTU) College of
Medicine, she saw students arrive late for classes, doze off, eat instant noodles or
drumsticks, watch TV on their laptops or send text messages to their friends during
class.
「With college student attitudes like these, how are we going to compete with others?」
Hung said in the article. 「If you don’t want to study hard, why not yield the
opportunity of learning to other people who really want to learn?」
Offering support to the criticism made by Hung, Minister of Education Wu Ching-chi
said many professors had complained that students in Taiwan had become less
hard-working, with the majority of students staying up late and deliberately not
attending classes early in the morning.
(adopted from Flora Wang “Snoozing students spark scolding from education minister”,
Taipei Times Nov 12, 2009)
Elaborate on your answer to the previous essay by using marginal utility theory.(請涵
蓋同題組1. 2. 3.子題的答案概念,並進行相關理論解釋論述)(10%)
“Because the world keeps learning, the diffusion of knowledge happens faster.”
“I am a Taiwanese American with a father from Taiwan and with a Japanese mother. I
was born in Japan and went to Japanese elementary school and then moved to the States.
There is a saying in China that whatever you put in your bead and you stomach, no one
can take away from you.”
“Taiwan is a barren rock in a typhoon-laden sea, with virtually no natural
resources-nothing but the energy, ambition, and talents of its own people-and today it
has the third-largest financial reserves in the world.” (adopted from Thomas L.
Friedman “The World Is Flat”).
According to MIT economist Robert Solow, in the absence of a change in technology,
a one percent increase in capital per hour of labor (5%)
brings about a percentage increase in real GDP per hour of labor equal to the real
interest rate.
has no significant effect on real GDP per hour of labor.
brings about a 1/3 (0.33percent) percent increase in real GDP per hour of labor.
brings about a three percent increase in real GDP per hour of labor.
“Because the world keeps learning, the diffusion of knowledge happens faster.”
“I am a Taiwanese American with a father from Taiwan and with a Japanese mother. I
was born in Japan and went to Japanese elementary school and then moved to the States.
There is a saying in China that whatever you put in your bead and you stomach, no one
can take away from you.”
“Taiwan is a barren rock in a typhoon-laden sea, with virtually no natural
resources-nothing but the energy, ambition, and talents of its own people-and today it
has the third-largest financial reserves in the world.” (adopted from Thomas L.
Friedman “The World Is Flat”).
A central proposition of the new growth theory is that (5%)
government direction and oversight is necessary for consistent growth.
knowledge is not subject to diminishing returns.
growth will cease but prosperity will persist.
growth is often just an illusion fostered by growth accounting.
“Because the world keeps learning, the diffusion of knowledge happens faster.”
“I am a Taiwanese American with a father from Taiwan and with a Japanese mother. I
was born in Japan and went to Japanese elementary school and then moved to the States.
There is a saying in China that whatever you put in your bead and you stomach, no one
can take away from you.”
“Taiwan is a barren rock in a typhoon-laden sea, with virtually no natural
resources-nothing but the energy, ambition, and talents of its own people-and today it
has the third-largest financial reserves in the world.” (adopted from Thomas L.
Friedman “The World Is Flat”).
Which theory emphasizes the significance of new discoveries that can be used by many
people at the same time? (5%)
classical growth theory.
new growth theory.
neoclassical growth theory.
None of the above answers are correct.
“Because the world keeps learning, the diffusion of knowledge happens faster.”
“I am a Taiwanese American with a father from Taiwan and with a Japanese mother. I
was born in Japan and went to Japanese elementary school and then moved to the States.
There is a saying in China that whatever you put in your bead and you stomach, no one
can take away from you.”
“Taiwan is a barren rock in a typhoon-laden sea, with virtually no natural
resources-nothing but the energy, ambition, and talents of its own people-and today it
has the third-largest financial reserves in the world.” (adopted from Thomas L.
Friedman “The World Is Flat”).
Suppose the President asks you to write him a letter suggesting ways the government
might help the economy achieve permanently higher rates of economic growth. Based
on your understanding of growth theory and growth accounting, what would you
suggest?(請涵蓋同題組子題的答案概念,並進行相關理論解釋論述)(10%)
Taipei housing prices are still on the rise. According to My Housing magazine, the
average price of housing under construction in Taipei City reached NT$599,000 per
ping (3.305 square meters) last year before falling to NT$576,000 per ping during the
first two quarters of 2009, due to the financial crisis.
Prices have recovered in the third quarter, however, reaching a record-high of
NT$601,000(US$ 18,674) per ping, according to a poll released by My Housing last
month. Average prices for pre-sold apartments even reached NT$908.000 per ping in
Taipei’s upscale Daan district, the survey found.
The fourth quarter could see an equally sharp rise if residential property transactions are
any indication. According to a survey by Sinyi Realty Inc., Taiwan’s biggest property
broker, the volume of home purchases in Taipei rose 7.1 percent in October compared
to September.
Many industry insiders believe that the conditions fueling the recovery are unlikely to
change in the near term and believe the market will maintain its momentum into the
future.(adopted from The Chine Post Y.L. Kayo “Taipei housing prices still on the rise”
November 30,2009)
During the real estate boom of the mid-2000s of Taipei City, the prices of new and
existing homes rose year after year yet people purchased more homes year after year.
This outcome can be explained as an exception to the law of demand. Is the previous
statement likely
(答「incorrect」者請簡單說明理由,若無解釋此題將不予計分)(5%)
correct.
incorrect?
Taipei housing prices are still on the rise. According to My Housing magazine, the
average price of housing under construction in Taipei City reached NT$599,000 per
ping (3.305 square meters) last year before falling to NT$576,000 per ping during the
first two quarters of 2009, due to the financial crisis.
Prices have recovered in the third quarter, however, reaching a record-high of
NT$601,000(US$ 18,674) per ping, according to a poll released by My Housing last
month. Average prices for pre-sold apartments even reached NT$908.000 per ping in
Taipei’s upscale Daan district, the survey found.
The fourth quarter could see an equally sharp rise if residential property transactions are
any indication. According to a survey by Sinyi Realty Inc., Taiwan’s biggest property
broker, the volume of home purchases in Taipei rose 7.1 percent in October compared
to September.
Many industry insiders believe that the conditions fueling the recovery are unlikely to
change in the near term and believe the market will maintain its momentum into the
future.(adopted from The Chine Post Y.L. Kayo “Taipei housing prices still on the rise”
November 30,2009)
When the price of house purchases rises 4 percent, the quantity demanded of renting an
apartment falls 8 percent.
(1) How are these goods related? (5%)
(2) If the price of house purchases rises, how wills that affect the demand curve for
renting an apartment? (5%)
Taipei housing prices are still on the rise. According to My Housing magazine, the
average price of housing under construction in Taipei City reached NT$599,000 per
ping (3.305 square meters) last year before falling to NT$576,000 per ping during the
first two quarters of 2009, due to the financial crisis.
Prices have recovered in the third quarter, however, reaching a record-high of
NT$601,000(US$ 18,674) per ping, according to a poll released by My Housing last
month. Average prices for pre-sold apartments even reached NT$908.000 per ping in
Taipei’s upscale Daan district, the survey found.
The fourth quarter could see an equally sharp rise if residential property transactions are
any indication. According to a survey by Sinyi Realty Inc., Taiwan’s biggest property
broker, the volume of home purchases in Taipei rose 7.1 percent in October compared
to September.
Many industry insiders believe that the conditions fueling the recovery are unlikely to
change in the near term and believe the market will maintain its momentum into the
future.(adopted from The Chine Post Y.L. Kayo “Taipei housing prices still on the rise”
November 30,2009)
Please discuss a housing market with a rent ceiling. (10%)
In the economy of Rock Island, autonomous consumption expenditure is $60 million,
and the marginal propensity to consume is 0.8. Investment is $140 million, government
expenditure is $200 million, and net taxes are $250 million. Investment, government
purchases, and taxes are constant they do not vary with income. The island does not
trade with the rest of the world.
What is equilibrium real GDP for Rock Island? (5%)
In the economy of Rock Island, autonomous consumption expenditure is $60 million,
and the marginal propensity to consume is 0.8. Investment is $140 million, government
expenditure is $200 million, and net taxes are $250 million. Investment, government
purchases, and taxes are constant they do not vary with income. The island does not
trade with the rest of the world.
What is the size of the multiplier in Rock Island’s economy? (5%)
In the economy of Rock Island, autonomous consumption expenditure is $60 million,
and the marginal propensity to consume is 0.8. Investment is $140 million, government
expenditure is $200 million, and net taxes are $250 million. Investment, government
purchases, and taxes are constant they do not vary with income. The island does not
trade with the rest of the world.
If the government increases its purchases by $300 million, what will be the change in
the economy’s equilibrium real GDP? (5%)
In the economy of Rock Island, autonomous consumption expenditure is $60 million,
and the marginal propensity to consume is 0.8. Investment is $140 million, government
expenditure is $200 million, and net taxes are $250 million. Investment, government
purchases, and taxes are constant they do not vary with income. The island does not
trade with the rest of the world.
“Premier of Rock Island announced Tuesday a government plan to distribute 2 million
in consumption coupons to Rock’s citizens in a bid to stimulate economic growth. The
Premier’s plan to boost economic growth by boosting consumption will not work
because economic growth is boosted by labor productivity, not consumption.” Is the
previous statement likely
(答「incorrect」者請簡單說明理由,若無解釋此題將不予計分)(10%)
incorrect?
correct.
可觀看題目詳解,並提供模擬測驗!(免費會員無法觀看研究所試題解答)