Development Economics
New York University
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MICROECONOMICS Practice Questions
- Exam (elaborations) • 7 pages • 2022
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Short Response 
1.. Consider each of the following statements; is it TRUE or FALSE? You do not need to explain your 
answer. (15%) 
a) Jimmy is an elite athlete, and has a choice between three careers: he can join Major League Baseball 
and make $1 million per year, he can join the National Hockey League and make $2 million per year, or 
he can join the National Football League and make $2 million per year. Assuming he only cares about 
monetary compensation, Jimmy’s opportunity cost of playin...
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Summaries of first five chapters of book titled 'Development as Freedom'
- Summary • 9 pages • 2019
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This doc contains in depth summary of Amartya Sen book's first five chapters on the issue of freedom, entitlements, capabilities, poverty and economic development.
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