Congratulations to Angus Deaton, 2015 winner of the Nobel Prize in Economics. Professor Deaton, of Princeton University, was the President of the AEA in 2009. Read more from the Nobel Foundation.
Complete combustion (given sufficient oxygen) of any hydrocarbon produces carbon dioxide and water. Equations. It is quite important that you can write properly balanced equations for these reactions, because they often come up as a part of thermochemistry calculations.
Combustion is a chemical reaction in which hydrocarbons combine with oxygen, producing carbon dioxide, water vapor and energy. Air provides enough oxygen to easily support combustion, whether the fuel is wood, gasoline, methane or coal. In pure oxygen, however, combustion and fire become significantly greater hazards.