camcalderon777/monetary-economics-topic2-questions

Monetary Economics EC3014 - Topic 2 Questions

Interactive AI-powered tutorial for Topic 2: Classical Theory of Money. Answer questions on utility maximization and general equilibrium with AI-powered feedback.

Features

• —2 questions covering utility maximization and general equilibrium
• —AI-powered feedback using Groq's Llama 3.3 70B model
• —Mobile-responsive design
• —Hints and guidance (not complete answers)

Topics Covered

1. 1.Utility Maximization: Cobb-Douglas utility functions, budget constraints, demand functions, homogeneity
2. 2.General Equilibrium: Exchange economies, market clearing, Walras' Law

Usage

1. 1.Read each question carefully
2. 2.Type your answer in the text box
3. 3.Click "Get AI Feedback" for hints and guidance
4. 4.Revise and improve your understanding
5. 5.Bring your work to tutorial for discussion with your human tutor

Note

AI feedback is a starting point only. Always verify against lecture notes and discuss with your tutor.