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You might find it in your interest to write a small paper on one of the problems from the last seminar. I suggest the following: Write either individually or in cooperation with a good friend at the course, a "short paper" on one of the topics in Problem 1, 3 or 4 (NOT Problem 2 - this is too extensive). The objective is that you should exercise your ability or skill in presenting a problem and the economic mechansims without putting in too much mathematics. Maximum 2 paqes on your computer or 5 handwritten pages. The time limit is Monday May 11, at 11 o'clock at my office (room 1214). I will return the papers during a few days, I hope, with some comments.