Peter J Wilcoxen > Supplementary Exercises

Choice and Cost Benefit Analysis

Indifference Curves and Budget Constraints: A collection of problems on indifference curves and budget constraints. Most do not involve real world policy problems but they all use important concepts from class and are good practice for mastering the material.
Compensating Variation: Problems involving compensating variation and the income and substitution effects.
Two-Period Intertemporal Choice: Several two-period intertemporal choice problems including some with human capital.
Present Value: Most of these problems include a link to a page of notes on the solution. Also, many of the problems in the section on uncertainty involve present value calculations.
Uncertainty and Expected Value: Most of these also involve present value calculations.

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Peter J Wilcoxen, The Maxwell School, Syracuse University
Revised 08/17/2016