MRS of X for Y is the amount of Y for which a consumer is willing to exchange X locally. The MRS is different at each point along the indifference curve thus it is important to keep locally in the definition.or example, if the MRS xy = 2, the consumer will give up 2 units of Y to obtain 1 additional unit of X. As one moves down a (standardly convex) indifference curve, the marginal rate of substitution decreases (as measured by the absolute value of the slope of the indifference curve, which decreases).
Undergraduate Tuition. Tuition for Notre Dame of Maryland University is $32,548 for the 2015/2016 academic year. This is 25% more expensive than the national average private non-profit four year college tuition of $25,965. The cost is 69% more expensive than the average Maryland tuition of $19,285 for 4 year colleges.
The university is organized into three schools: College of Arts and Sciences, School of Business and Management and School of Education and Leadership. Notre Dame de Namur University offers 22 undergraduate degrees, 12 graduate degrees and four credentials.n 1953 the College of Notre Dame became a four year college with 23 Sisters of Notre Dame de Namur involved in the school. The college introduced evening classes in 1955, and in 1965, started the teaching credential programs.