107年 - 107 國立臺北大學_碩士班一般入學考試試題_財政學系：經濟學#146984

(1) Are there any pure or mixed strategy equilibrium? (9%)

(2) It was found that many chose 1 in previous experiments. Are they being irrational? (8%)

(1) Use the expected utility theory to show that people are being inconsistent. (9%)

(2) Can other models explain their choices better? (8%)

(1) What is the relationship between average costs and marginal costs? (3%)

(2) Why are the profits in a perfect competitive market usually zero? (3%)

(3) What are the individual firms' supply curves and the industry supply curve in a perfect competitive market? (3%)

(4) In the short run, a firm in the perfect competitive market should always leave the market as long as profits are negative. Do you agree the above statement? (7%)

(1) Use the IS-LM framework to explain the impact of the tax cut on the interest rate and income in the short run. (5%)

(2) Based on the Ricardian equivalence proposition, how would the tax cut affect the consumer's welfare and their intertemporal consumption choices in the long run? Set up a two-period consumption-saving model to explain the idea. (10%)

(3) What are some of the arguments against the Ricardian equivalence proposition? In each of your arguments, explain its implications for consumers. (5%)

(1) Describe the relationship examined by economist A. W. Phillips (1958), known as the Phillips curve. (5%)

(2) Formally describe the modified Phillips curve proposed by Friedman and Phelps (1970). Explain how expectation might affect the Phillips curve according to the Friedman-Phelps theory. (10%)

(3) Based on the expectations-augmented Phillips curve, discuss the effects of money supply on short-run and long-run economic growth. (5%)

6. The Solow model Taiwan's population growth rate has decreased from more than 3% in the 1960s to less than 0.5% in recent years. Use the Solow model to discuss the effect of low population growth on Taiwan's economic growth and living standard in the long run. (10%)