Heather Duong

University of Oregon
Instructor

Biography

At the University of Oregon, I have six times served as the independent instructor for two courses: Money and Banking and Intermediate Macroeconomic Theory. I also led discussion sessions in Introductory Macroeconomic Theory and monitored computer labs in Introductory Econometrics. I have experience teaching both small and large classes as well as summer classes, where the pace is more intense. My teaching philosophy is about creating an inclusive environment where students can be motivated to explore real-life economic phenomena and share their narratives to connect to the material.

Independent Instructor: Intermediate Macroeconomics (Spring 2019, Fall 2019); Money and Banking (Summer 2017, Fall 2017, Fall 2018, Summer 2019)
Teaching Assistant: Monetary Policy, Game Theory (Spring 2018);
Introductory Econometrics (as lab instructor, Winter 2016, Spring 2017); Introductory Macroeconomics (as discussion leader, Fall 2016)
Intermediate Microeconomics (Spring 2016, Fall 2016); Economics of Globalization, Public Economics (Winter 2015)

Education

Phd Economics
University of Oregon

Educator Statistics

Numerade tutor for 6 years
301 Students Helped

Topics Covered

The Long-Term Impact of the Real Economy: Insights and Analysis
Understanding the Impact of Money and Prices in the Long Run
Final Thoughts: Reflections and Insights for Moving Forward
How Markets Work: Understanding the Dynamics of Supply and Demand
Balancing Markets and Welfare: Striving for Equilibrium
Understanding Firm Behavior and Industry Organization
Discover the Power of Introduction: Your Guide to Making a Lasting Impression
Unlocking Insights: Macroeconomic Data Analysis
Understanding Short-Term Economic Fluctuations
The Economics of Labor Markets: Understanding the Dynamics
Explore Deeper: Topics for Further Study
Introduction
The Macroeconomics of Open Economies: Understanding Global Markets
Markets and Welfare
The Economics of Public Sector: Understanding Government Spending
How Markets Work

Heather's Textbook Answer Videos

06:03
Principles of Economics

Evaluate the following two statements. Do you agree? Why or why not?
a. "A tax that has no deadweight loss cannot raise any revenue for the government."
b. "A tax that raises no revenue for the government cannot have any deadweight loss."

Chapter 8: Application: The Costs of Taxation
Heather Duong
04:35
Principles of Economics

Suppose that Congress imposes a tariff on imported automobiles to protect the U.S. auto industry from foreign competition. Assuming that the United States is a price taker in the world auto market, show the following on a diagram: the change in the quantity of imports, the loss to U.S. consumers, the gain to U.S. manufacturers, government revenue, and the deadweight loss associated with the tariff. The loss to consumers can be decomposed into three pieces: a gain to domestic producers, revenue for the government, and a deadweight loss. Use your diagram to identify these three pieces.

Chapter 9: Application: International Trade
Heather Duong
09:03
Principles of Economics

A case study in this chapter discusses the federal minimum-wage law.
a. Suppose the minimum wage is above the equilibrium wage in the market for unskilled labor. Using a supply-and-demand diagram of the market for unskilled labor, show the market wage, the number of workers who are employed, and the number of workers who are unemployed. Also show the total wage payments to unskilled workers.
b. Now suppose the secretary of labor proposes an increase in the minimum wage. What effect would
this increase have on employment? Does the change in employment depend on the elasticity of
demand, the elasticity of supply, both elasticities, or neither?
c. What effect would this increase in the minimum wage have on unemployment? Does the change
in unemployment depend on the elasticity of demand, the elasticity of supply, both elasticities,
or neither?
d. If the demand for unskilled labor were inelastic, would the proposed increase in the minimum
wage raise or lower total wage payments to unskilled workers? Would your answer change if
the demand for unskilled labor were elastic?

Chapter 6: Supply, Demand, and Government Policies
Heather Duong
08:25
Principles of Economics

Consider a country that imports a good from abroad. For each of following statements, state whether it is true or false. Explain your answer.
a. "The greater the elasticity of demand, the greater
the gains from trade."
b. "If demand is perfectly inelastic, there are no
gains from trade."
c. "If demand is perfectly inelastic, consumers do
not benefit from trade."

Chapter 9: Application: International Trade
Heather Duong
02:22
Principles of Economics

Economists in Funlandia, a closed economy, have collected the following information about the
economy for a particular year:

$Y = 10,000$

$C = 6,000$

$T = 1,500$

$G = 1,700$

The economists also estimate that the investment function is:
$$I = 3,300 - 100r,$$

where r is the country's real interest rate, expressed as a percentage. Calculate private saving, public saving, national saving, investment, and the equilibrium real interest rate.

Chapter 26: Saving, Investment, and the Financial System
Heather Duong
11:04
Principles of Economics

Assume the United States is an importer of televisions and there are no trade restrictions. U.S. consumers buy 1 million televisions per year, of which 400,000 are produced domestically and 600,000 are imported.
a. Suppose that a technological advance among Japanese television manufacturers causes the world price of televisions to fall by \$100. Draw a graph to show how this change affects the welfare of U.S. consumers and U.S. producers and how it affects total surplus in the United States.
b. After the fall in price, consumers buy 1.2 million televisions, of which 200,000 are produced domestically and 1 million are imported. Calculate the change in consumer surplus, producer surplus, and total surplus from the price reduction.
c. If the government responded by putting a \$100 tariff on imported televisions, what would this do? Calculate the revenue that would be raised and the deadweight loss. Would it be a good policy from the standpoint of U.S. welfare? Who might support the policy? d. Suppose that the fall in price is attributable not to technological advance but to a \$100 per television subsidy from the Japanese government to Japanese industry. How would this affect your analysis?

Chapter 9: Application: International Trade
Heather Duong
1 2 3 4 5 ... 42

Heather's Quick Ask Videos

12:24
Microeconomics

Identify the following statements as True, False or uncertain, and explain your answer.
1) Weighted least squares is the same as robust standard errors from OLS.
ii) The omitted variable problem causes biased parameter estimates in the least squares regression model and proxy variables will eliminate the bias.
iii) An F-test can be used to test either a single restriction (one linear test of the parameters) or any linear combinations of restrictions (multiple linear tests of the parameters).
iv) We know that under the Gauss-Markov conditions for the population error term from the Least Squares Estimator is BLUE (i.e. a Best Linear Unbiased Estimator). If this is true, why is it that Least Squares estimates can provide poor estimates of the population parameters?

Heather Duong
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