University of Alberta (UOFA)

University of Alberta CMPUT 272 Winter 2020 Final Examination Time allowed: 180 minutes (plus 15 minutes extra for uploading your files) There are 11 questions and a total of 86 marks. This is an OPEN BOOK exam. You may refer to the textbook, course notes, eClass page, and the internet. You must write the exam entirely on your own, without any communication, hints, copying, or assistance from anyone else. The work you submit must be your own. Do not copy an answer from any source. Do...

CMPUT204: Introduction to Algorithms Final Exam Instructions. • This exam has 5 problems, each is worth 25pts. • You may answer all 5 problems, but your grade will be composed of the best 4 answers. • Closed books. • You may use a scientific calculator. • Collaborations of any kind are strictly forbidden. • Note: All logarithms are in base 2 unless specified otherwise. • You can use the fact that H(n) = Pn i=1 1 i = ln n + O(1) without proving it. 1 Problem 1. (25 pts...

The lecture notes cover the following: 1. How do tradable permit systems work in theory and in the real world? 2. What happens under a tradable permit system?

The document covers the following: 1. How do we model our problems going forward? 2. What are the different kinds of standards in theory and the real world? 3. What happens under a standard?

The documents cover the following questions: 1. Can we achieve an efficient outcome without government intervention? 2. What does the Coase theorem say? 3. What are the limits to Coasean bargaining?

What are market failures? When do they happen? What are the consequences?

What's enviro econ? First, what is economics? Economics: the study of how agents (people, firms, etc) make choices with scarce resources and the social results of these choices Everything is scarce compared to wants and needs. We need to choose among alternatives and make trade-offs. These ideas can be applied to the environment.

The document covers emission taxes from environmental emission. 1. What are the different kinds of price instruments in theory and the real world? 2. What happens under a tax?

Central planning with public ownership has failed in China as it has done elsewhere This is because: Marx’s solution to capitalism is flawed Mao’s paranoia of insecurity overrides the interests of the common people The right choice to make China great again is to turn towards an open market economy (capitalism)

You need to answer all three questions, which carry equal weight. This is an open-book exam. For each question, you should provide a concise summary of the corresponding lecture, demonstrating your understanding of the content. You may incorporate your own opinions in your answers.