Eötvös Loránd University, Department of Econonomics
1117 Budapest, Pázmány Péter sétány 1/a

Geographical economics

Expected knowledge
• Key concepts in international trade
o Heckscher - Ohlin model
o Ricardo model
o trade costs, Samuelson iceberg model
o comparative advantage
• Key methods
o OLS regression (concept, interpretation, dummy variables)
o panel data - basic concept
o discrete choice, probit models
• Key concepts from microeconomics
o profit maximisation (how to do), market equilibrium
o perfect competition, monopoly, duopoly
o price taking behaviour
o production function
o consumer's budget constraint
o consumer preferences
o perfectly competitive equilibrium
o return to scale
o Marshallian externality
• Key concepts from macro-economics
o Rational expectations (basic concept)
o Solow growth model
o Endogenous growth model (basic concept)

Geographical economics downloadable syllabus

Geographical economics downloadable slides

Geographical economics downloadable handouts

 

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