Spatial, Transport and Environmental Economics
Micro economics for Spatial Policy
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VU University Amsterdam
Faculty of Economics and Business Administration
Department of Spatial Economics
Exam : Microeconomics for spatial policy
Teachers : Erik T. Verhoef and Eric Pels (second part), Stefan Hochguertel (first part)
Programme : MSc Spatial and Transport Economics (AMSTER)
Code : 60412090
Date : Test exam – not applicable
Time : Test exam – not applicable
Duration : 2 hours and 45 minutes
Composition : 5 open questions consisting of 16 sub-questions in total
Remarks : All answers in Part A have to be filled out on separate exam paper sheets.
Make sure to write your name and student number on all sheets you use. All
answers in Part B have to be filled out in the designated spaces in this exam.
Additional texts outside these areas, exceeding the indicated length, will not
be considered in the correction. You are only allowed to write one sentence
per line. In case you want to completely replace an earlier answer, use the
opposite page or an empty sheet (add your name and student number!) and
make clear that the text in the original field should not be considered.
Answers are to be given in English.
Score : The maximum score per question is indicated in between brackets after each
(sub-)question. The maximum score for the exam as a whole is 75.
Final results : Test exam – not applicable
Calculator : A non-programmable calculator is allowed.
Inspection : Test exam – not applicable
Name : ____________________________________________________
Student number : ____________________________________________________
Exam Microeconomics for Spatial Policy – Test exam 1
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