Instructors: Professor Eric Lander, Professor Robert A Weinberg, Dr. Claudette Gardel Friday 11/12/04 7.012 Quiz 3 Answers A>85 18% of test takers b 72-84 41% of test takers c 60-71 23% of test takers D 50-59 11.4% of test takers
1 Motivation SLIDE 1 Consider a standard second order finite difference discretization of V-u= on a regular g 1.2. and 3 dimensions 1.1 1D Finite differences
3. Comparative Statics a. Indirect Utility Functions b. Expenditure Functions and duality C. Expenditure Function and Price Indices d. Slutsky via Utility Functions e. Slutsky via Preferences