1. kerjakan soal berikut saja:
- MQ = 1-10
- T/F= 1,2,4,6,8,9 (sebutkan alasan nya, bila anda memilih F (FALSE) )
- MC = 1,2,4,9
- Essay = 2,3,4,9
3. jawaban ditulis rapi, pada kertas Folio bergaris.
4. dikumpulkan paling lambat, SENIN (18 Oktober 2010) di boxfile, dengan nama Putri Rahmi
pada pukul 17.00 WIB, lewat dari jam tersebut, dengan sangat berat hati, jawaban anda tidak saya terima :-)
5. Selamat mengerjakan, bila ada kesulitan, silahkan tanya saya di ruang TA. my office hour in monday, start from 14.30 till 17.00 wib.
6. good luck everybody :D
CHAPTER 1 AND 2
SCARCITY AND CHOICES
Matching Questions
1. The economics method that describe of what happening is and how it is happening, doesn’t judge and just see how the people and operation system behave.
2. The economics method that analyze the result of economic behavior and evaluate the policy about how good and how bad. It describes what should be happen rather than what happens.
3. The best alternative that is forgone because of making one decision and giving up another decision.
4. The best way in allocating the resources with the minimum costs and the certain benefits.
5. The additional cost in producing one unit of output.
6. The graph that shows all combination of goods and services produced when all resources are used efficiently.
7. The economic system that has no government intervention and work based on market-economy-system.
8. The idea which stated that the specialization and the free-trade will give a benefit for each trader’s participant, even when there’s an inefficient producer.
9. The idea which stated that a producer still gets a same result in producing goods or services when that producer is able to use the lower resources.
10. The economy which there’s a big government’s role. The government, central-or-local, plans and determines the output, revenue, and prices.
a. Laissez-Faire economy g. Command economy
b. Efficiency h. Normative economics
c. Absolute advantage i. Opportunity Cost
d. Marginal Cost j. Production Possibility Frontier
e. Positive economics k. Comparative advantage
f. Scarcity l. Free-Trade Effect
True-False
1. Economics is study of how individuals and society choose the way to allocate the scarce resources to produce valuable commodities and distribute them among different people.
2. Opportunity cost is also a sunk cost.
3. Microeconomics is a part of economics that concern with the behavior of individual entities such as markets, firms, and households.
4. Positive economics is an economics method that analyzes the result of economic behavior and evaluate the policy about how good and how bad. It describes what should be happen rather that what happens.
5. Economic problem is when the government can’t produce equally among people.
6. Production Possibility Frontier is a graph that shows the all combination of goods and services produced when all resources are used efficiently.
7. Economic growth is when all the societies live welfare and not suffer poverty.
8. The best economic system is Laissez-Faire economy. Because the market will be more efficient without government’s intervention.
9. Marginal Rate of Transformation is a slope of Production Possibility Frontier curve.
10. China is now starting to adopt the market-system for its economy.
Multiple Choices
1. The best alternative that is forgone because of making one decision and giving up another decision :
a. Sunk Cost c. Marginal Cost
b. Opportunity Cost d. Decision Cost
2. The basic questions to analyze economic problems are …..
a. what, why, how c. what, why, for whom
b. how, who, why d. what, how, for whom
3. Instead of working in Insurance Company and earn $300 a month, you decide to take a computer course 7 times a week and pay $35 a month. What is the opportunity cost : (the opportunity cost is depend on what’s your choice)
a. get into computer course b. 7 times a week to take a rest
c. working in Insurance Company c. none of all
4. In 1890, Alfred Marshall released the law of demand that stated :
a. When price increases, the quantity demanded will decrease
b. When price increase, the quantity demanded will increase
c. When the quantity increases, the price will decrease
d. When the quantity decreases, the price will decrease
5. The principle which stated that the irrelevant details are better to be cut and stop being talked is …..
a. Okun’s law c. Economic Principle
b. Adam Smith Invisible Hand d. Ockham’s razor
6. The specialization and the free-trade will give a benefit to all trader’s participant, even there’s an inefficient producer is called an idea of …..
a. The benefit of trade c. absolute advantage
b. comparative advantage d. free-trade effect
7. The process in utilizing the resources to produce new capital and give a return for some periods of time is called :
a. Efficiency c. Production
b. Capital-recovery d. Investment
8. The characteristic of Laissez-Faire economy are the following, except :
a. Based on market system
b. no government intervention
c. the economic decision is planned
d. concern in efficiency rather than equity
9. The economic growth involves things such below, except :
a. growing in total output
b.produce more goods and services within given resources
c. more having a bachelor and master degree among people
d. the increasing of people’s productivity
10. When there’s a limited amount of goods and services relative to the desires of human, its situation is called :
a. scarcity b. economic goods
c. limited-access d. efficiency
Essay
1. What is Economics?
2. What is the different between the opportunity cost, sunk cost, and marginal cost? (give an examples)
3. Why did we study economics?
4. Explain the different between positive and normative economics!
5. Why should there be an assumption of Ceteris Paribus?
6. What is scarcity and choice related to economic problems?
7. Explain about the comparative advantage and absolute advantage!
8. Give the explanation about Laissez-Faire economic system.
9. What is Production Possibility Frontier? (draw the curve)
10. What is Indonesia’s economic system? Explain briefly!
0 komentar:
Posting Komentar