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المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 2
Macroeconomics (ECON 201)
Release Date is 01/10/2023
Course Name: Macroeconomics
Student’s Name:
Course Code: ECON201
Student’s ID Number:
Semester: 1st
CRN:
Academic Year:2023-24-Ist
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: 00 / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
•
•
•
•
•
•
•
•
•
The Assignment must be submitted on Blackboard (WORD format only) via the
allocated folder.
The due date for Assignment 1 is 28/10/2023.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well-presented, marks may be
reduced for poor presentation. This includes filling in your information on the
cover page.
Students must mention the question number clearly in their answers.
Late submissions will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students
or other resources without proper referencing will result in ZERO marks. No
exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced)
font. No pictures containing text will be accepted and will be considered
plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment 1 Questions: Week 4, 5 & 6
Q1: Illustrate an example of your choice and discuss consumer surplus, producer surplus, Total
surplus, and deadweight loss with the help of the graphs.
[2.5 Marks]
Q2: Calculate the consumer surplus, producer surplus, and total surplus in a market of airplane
tickets if the Equilibrium price per ticket is SAR 160, the equilibrium Quantity is 80 tickets, the
upper intercept of the demand curve on the y-axis is SAR 400 and lower intercept of the supply
curve on the y-axis is zero. What will be the dead weight loss if the government imposes a tax of
SAR 80 per ticket and the buyer and sellers share the tax of 50 percent each?
[2.5 Marks]
Q3: What do you mean by import tariff and import quota? Take an example and discuss the
difference between tariffs and quotas with the help of graphs.
[2.5 Marks]
Q4: Provide the equation to calculate the GDP of a nation. Explain all four factors that contribute
to the GDP calculation in detail.
[2.5 Marks]
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 2
Macroeconomics (ECON 201)
Release Date is 01/10/2023
Course Name: Macroeconomics
Student’s Name:
Course Code: ECON201
Student’s ID Number:
Semester: 1st
CRN:
Academic Year:2023-24-Ist
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: 00 / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
•
•
•
•
•
•
•
•
•
The Assignment must be submitted on Blackboard (WORD format only) via the
allocated folder.
The due date for Assignment 1 is 28/10/2023.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well-presented, marks may be
reduced for poor presentation. This includes filling in your information on the
cover page.
Students must mention the question number clearly in their answers.
Late submissions will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students
or other resources without proper referencing will result in ZERO marks. No
exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced)
font. No pictures containing text will be accepted and will be considered
plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment 1 Questions: Week 4, 5 & 6
Q1: Illustrate an example of your choice and discuss consumer surplus, producer surplus, Total
surplus, and deadweight loss with the help of the graphs.
[2.5 Marks]
Q2: Calculate the consumer surplus, producer surplus, and total surplus in a market of airplane
tickets if the Equilibrium price per ticket is SAR 160, the equilibrium Quantity is 80 tickets, the
upper intercept of the demand curve on the y-axis is SAR 400 and lower intercept of the supply
curve on the y-axis is zero. What will be the dead weight loss if the government imposes a tax of
SAR 80 per ticket and the buyer and sellers share the tax of 50 percent each?
[2.5 Marks]
Q3: What do you mean by import tariff and import quota? Take an example and discuss the
difference between tariffs and quotas with the help of graphs.
[2.5 Marks]
Q4: Provide the equation to calculate the GDP of a nation. Explain all four factors that contribute
to the GDP calculation in detail.
[2.5 Marks]
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 2
Macroeconomics (ECON 201)
Release Date is 01/10/2023
Course Name: Macroeconomics
Student’s Name:
Course Code: ECON201
Student’s ID Number:
Semester: 1st
CRN:
Academic Year:2023-24-Ist
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: 00 / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
•
•
•
•
•
•
•
•
•
The Assignment must be submitted on Blackboard (WORD format only) via the
allocated folder.
The due date for Assignment 1 is 28/10/2023.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well-presented, marks may be
reduced for poor presentation. This includes filling in your information on the
cover page.
Students must mention the question number clearly in their answers.
Late submissions will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students
or other resources without proper referencing will result in ZERO marks. No
exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced)
font. No pictures containing text will be accepted and will be considered
plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment 1 Questions: Week 4, 5 & 6
Q1: Illustrate an example of your choice and discuss consumer surplus, producer surplus, Total
surplus, and deadweight loss with the help of the graphs.
[2.5 Marks]
Q2: Calculate the consumer surplus, producer surplus, and total surplus in a market of airplane
tickets if the Equilibrium price per ticket is SAR 160, the equilibrium Quantity is 80 tickets, the
upper intercept of the demand curve on the y-axis is SAR 400 and lower intercept of the supply
curve on the y-axis is zero. What will be the dead weight loss if the government imposes a tax of
SAR 80 per ticket and the buyer and sellers share the tax of 50 percent each?
[2.5 Marks]
Q3: What do you mean by import tariff and import quota? Take an example and discuss the
difference between tariffs and quotas with the help of graphs.
[2.5 Marks]
Q4: Provide the equation to calculate the GDP of a nation. Explain all four factors that contribute
to the GDP calculation in detail.
[2.5 Marks]
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 2
Macroeconomics (ECON 201)
Release Date is 01/10/2023
Course Name: Macroeconomics
Student’s Name:
Course Code: ECON201
Student’s ID Number:
Semester: 1st
CRN:
Academic Year:2023-24-Ist
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: 00 / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
•
•
•
•
•
•
•
•
•
The Assignment must be submitted on Blackboard (WORD format only) via the
allocated folder.
The due date for Assignment 1 is 28/10/2023.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well-presented, marks may be
reduced for poor presentation. This includes filling in your information on the
cover page.
Students must mention the question number clearly in their answers.
Late submissions will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students
or other resources without proper referencing will result in ZERO marks. No
exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced)
font. No pictures containing text will be accepted and will be considered
plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment 1 Questions: Week 4, 5 & 6
Q1: Illustrate an example of your choice and discuss consumer surplus, producer surplus, Total
surplus, and deadweight loss with the help of the graphs.
[2.5 Marks]
Q2: Calculate the consumer surplus, producer surplus, and total surplus in a market of airplane
tickets if the Equilibrium price per ticket is SAR 160, the equilibrium Quantity is 80 tickets, the
upper intercept of the demand curve on the y-axis is SAR 400 and lower intercept of the supply
curve on the y-axis is zero. What will be the dead weight loss if the government imposes a tax of
SAR 80 per ticket and the buyer and sellers share the tax of 50 percent each?
[2.5 Marks]
Q3: What do you mean by import tariff and import quota? Take an example and discuss the
difference between tariffs and quotas with the help of graphs.
[2.5 Marks]
Q4: Provide the equation to calculate the GDP of a nation. Explain all four factors that contribute
to the GDP calculation in detail.
[2.5 Marks]
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 2
Macroeconomics (ECON 201)
Release Date is 01/10/2023
Course Name: Macroeconomics
Student’s Name:
Course Code: ECON201
Student’s ID Number:
Semester: 1st
CRN:
Academic Year:2023-24-Ist
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: 00 / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
•
•
•
•
•
•
•
•
•
The Assignment must be submitted on Blackboard (WORD format only) via the
allocated folder.
The due date for Assignment 1 is 28/10/2023.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well-presented, marks may be
reduced for poor presentation. This includes filling in your information on the
cover page.
Students must mention the question number clearly in their answers.
Late submissions will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students
or other resources without proper referencing will result in ZERO marks. No
exceptions.
All answers must be typed using Times New Roman (size 12, double-spaced)
font. No pictures containing text will be accepted and will be considered
plagiarism).
Submissions without this cover page will NOT be accepted.
Assignment 1 Questions: Week 4, 5 & 6
Q1: Illustrate an example of your choice and discuss consumer surplus, producer surplus, Total
surplus, and deadweight loss with the help of the graphs.
[2.5 Marks]
Q2: Calculate the consumer surplus, producer surplus, and total surplus in a market of airplane
tickets if the Equilibrium price per ticket is SAR 160, the equilibrium Quantity is 80 tickets, the
upper intercept of the demand curve on the y-axis is SAR 400 and lower intercept of the supply
curve on the y-axis is zero. What will be the dead weight loss if the government imposes a tax of
SAR 80 per ticket and the buyer and sellers share the tax of 50 percent each?
[2.5 Marks]
Q3: What do you mean by import tariff and import quota? Take an example and discuss the
difference between tariffs and quotas with the help of graphs.
[2.5 Marks]
Q4: Provide the equation to calculate the GDP of a nation. Explain all four factors that contribute
to the GDP calculation in detail.
[2.5 Marks]
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