EconHelp

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EconHelp
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Economics Tutoring Wiki
Welcome to the UBC resource wiki for economics. Here is place where you will find links to various economics resources at UBC as well as detailed explanations and sample questions for challenging economics topics.
Additional Tutoring Wikis

Welcome to the EconHelp tutoring wiki. This page contains links to economic resources at UBC as well as detailed explanations for challenging economics topics. Topics range from those covered in 1st and 2nd year economics courses to those included in the more advanced economics classes. EconHelp is a resource for students and is created and maintained by students. Everyone is encouraged to add to it!


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Economics Tutoring Resources

Available At UBC

Other Econ Resources

Introduction to Economic Analysis

Intermediate Microeconomics

Mathematical Methods for Economic Theory

Economics Classroom Experiments

Alphabetical List of All EconHelp Topics

EconHelp.png This article is part of the EconHelp Tutoring Wiki



UBC Economics Courses:

Econ 101: Principles of Microeconomics

Topics Covered

  • Supply and Demand
  • Welfare Economics
  • Taxation
  • Trade
  • Cost of Production
  • Firm Behaviours
  • Theory of Consumer Choice

Challenging Topics

10 Principles of Economics

Production Possibility Frontier

The Circular Flow Diagram

Supply and Demand

Consumer Behaviour

Cost of Production

Elasticity

Slutsky Substitution and Income Effect

Special Utility Functions

Lagrange

Tax brackets

Monopoly

Game Theory Strategic Interactions

Econ 102: Principles of Macroeconomics

Topics Covered

  • GDP and CPI
  • Short Run Economic Fluctuations
  • Long Run Economic Growth
  • Money and Prices in the Long Run
  • Open Economies and Trade

Challenging Topics

GDP Gross Domestic Products

Macroeconomics

Inflation and CPI

Calculating CPI

Aggregate Demand and Aggregate Supply

Okun's Law

Keynesian Multiplier

MacroPractice

The Labour Market

Long Run Economic Growth

Econ 345: Money and Banking

Topics Covered

  • Financial markets
  • Financial institutions
  • Canadian financial system
  • Development and regulations of the financial system
  • History of Central Bank
  • History of Monetary Policy

Challenging Topics

Financial Markets and Financial Institutions

Financial System

Regulation of the Financial System

Money Control

Monetary Policy

Econ 355/455: International Trade

Topics Covered

Labour Productivity and Comparative Advantage

Resources and Income Distribution

The Standard Trade Model

Economies of Scale, Imperfect Competition and International Trade

International Factor Movements

Political Economy of Trade Policy

Trade Policy in Developing and Developed Countries

Controversies

Challenging Topics

Ricardian Model

Imperfect Competition

International Factor Movements

Trade Policy Controversies

Econ 356/456: International Finance

Topics Covered

National Income Accounting and Balance of Payments

Foreign Exchange Market

Money, Interest Rates and Exchange Rates

Price and Exchange Rate in the Long Run

Output and Exchange Rate

Foreign Exchange Intervention

International Monetary System

Macroeconomic Policy and Coordination

Optimum Currency Areas

Global Capital Market

Challenging Topics

Balance of Payments

Foreign Exchange Market

Interest Rate Parity

Purchasing Power Parity

Fixed Exchange Rate

Floating Exchange Rate

Financial Crisis

Econ 325: Mathematics and Statistics for Economics

Topics Covered

Economic Data

Probability

Random Variables

Sampling Distribution

Point and Interval Estimation

Hypothesis Testing

Challenging Topics

Topics Covered

Probability

Discrete Random Variables

Continuous Random Variables

Sample Distribution

Interval Estimation

Hypothesis Testing

ECON 326/425 Econometrics

Topics Covered

Simple Regression Analysis

Multiple Regression Analysis

Time Series Data Analysis

Panel Data Analysis

Instrumental Variables Estimation

Simultaneous Equations Model

Limited Selection Variable Model

Challenging Topics

Heteroskedasticity

OLS estimators

Serial Correlation in Time Series

Additional Study Topics

Endowment

Hicksian Compensated Demand

Labour Supply

Intertemporal Choices

Other Econ Resources

The class web site from a professor at Yale. It contains problems sets, sample midterms, exams and all their solutions. The notes are useless for anyone not taking the class, so don't bother, but the questions are good for practices. http://fairmodel.econ.yale.edu/ec116/index.htm It might come as a surprise to some, but they're not much harder than what students at UBC learn.

A good book on constrained optimization: "Fundamental Methods of Mathematical Economics" by Alpha C. Chiang (McGraw Hill, 1984), with emphasis on Chapter 12 (especially sections 12/2-12.3 and 12.5) with pages 93-95 relevant for those looking for a treatment of determinants. This book has the advantage over most calculus texts that it concentrates the necessary material in one place. Calculus courses typically do not emphasize optimization, if they cover it at all, a result of most calc courses being designed for engineering and sciences rather than the social sciences. As a result, while the necessary material is often there, one has to hunt for it and in many places translate it from other forms.

Here are two websites that may be helpful in review material we are using in econ. First, http://www.maths.surrey.ac.uk/explore/emmaspages/option1.html#Det covers basic linear algebra, including taking determinants, with some interactive examples.

Another web site helpful to intro econ students with macro, micro, behavioral, economic indicators, and energy topics: [Discuss Economics] - Blog and forum.

Second, Wikipedia explains bordered hessian reasonably clearly: http://en.wikipedia.org/wiki/Hessian_matrix, though you should note that they write the terms for the Bordered Hessian in a different order than we do, while coming to the same second-order conditions.

Online Textbooks

Introductory Economic Analysis

Intermediate Microeconomics

Mathematical Methods for Economic Theory

Interesting readings

B.C. Economics

Ken Arrow -- Nobel prize Laureates 1972

Milton Friedman -- Nobel prize Laureates 1976

Econ Tools

Whiteboard application: to share drawings with students.

WimbaLive Classroom: Online classroom software used for exam review sessions

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