Critically analyse the pr
Answers to Assignment 1
1a. See Figure 1a:
• The box is 5 by 7, reﬂecting the total endowments of goods 1 and 2. • Given their preferences, the households’ indiﬀerence curves are linear.
In Figure 1a, Household 1’s indiﬀerence curves are blue while those of Household 2 are red.
• The Pareto eﬃcient allocations are along the bottom and right edges of the box.
Assessment Learning Outcomes:
Following completion of this assignment students should be able to demonstrate the following:
Your Annotated Reference List should include five sources (including different types of sources) related to your chosen topic for your Extended Essay. The sources you select should be useful to you in your research. For each of your five sources you must address the following points in your own words:
This course is an ambitio
Imagine you are an economist, sent to the Colony of Vancouver Island on behalf of the British Colonial Office to investigate the slow pace of population growth. In particular you are to report on the workings of the Wakefield System of setting land prices. You are asked to prepare a briefing note for decision on the policy.
Dissertation module – Series of taught sessions (lectures & tutorials / workshops) – Dissertation based on Master’s level research
• Dissertation: piece of academic work – Must include evidence of