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Economics

Proposed Q&A site for economists, academics, college students and those otherwise passionate about the subject.
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Lessons from the closure of the previous Econ.SE

may 23 at 9:27 EnergyNumbers 1,134
3
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Do advanced quantitative questions have a place on this site?

may 3 at 6:59 Kevin C 254
4
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2
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Would behavioral economics be in the scope of this site?

may 2 at 15:52 John Bensin 166
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5
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Are there good reasons to have a specifically microeconomics proposal instead of only a broader Economics?

apr 28 at 19:46 Frank 151
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Broaden economics proposal to include laymen

apr 20 at 15:20 Gruber 151

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55 Example Questions

active oldest votes
up vote 9 down vote
How is a simple contract curve derived from a two good two person economy?
added by MCP_infiltrator Jul 17 '12 at 20:54
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up vote 1 down vote
What are the pros and cons of different methods for estimating the value of natural capital?
added by EnergyNumbers Aug 19 '12 at 16:34
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up vote 11 down vote
Why is movie-theatre popcorn so expensive?
added by EnergyNumbers Aug 19 '12 at 16:34
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up vote 12 down vote
Where does price-inflation come from?
added by EnergyNumbers Aug 19 '12 at 16:35
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1  
excellent question. Yet it can have multiple causes so its gong to be hard to answer – Xitcod13 Dec 6 '12 at 7:19
up vote 6 down vote
Why do yield curves typically slope upwards?
added by EnergyNumbers Aug 19 '12 at 16:35
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What do you mean by "yield curve"? – Kevin C Apr 14 at 8:31
1  
@KevinC from investopedia: "A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity dates" – EnergyNumbers Apr 30 at 13:38
up vote 12 down vote
Does crowd-sourcing collapse a labour market?
added by EnergyNumbers Aug 19 '12 at 16:35
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Very interesting question, +1. – Chris Mar 1 at 14:12
in "You Are Not a Gadget" ". Lanier further argues that the open source approach has destroyed opportunities for the middle class to finance content creation, and results in the concentration of wealth in a few individuals" his one of very few prominent IT people which say this – Qbik Mar 5 at 23:04
up vote 2 down vote
Can somebody explain the Edgeworth price cycle starting from a collusive equilibrium? Possibly with an example.
added by user63161 Aug 24 '12 at 12:28
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up vote 14 down vote
Are there any serious economical drawbacks for a country to function with multiple currencies?
added by user63171 Aug 24 '12 at 17:28
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1  
Hi, Please don't upvote this anymore, its already received the 10 votes it needs. Instead, remove your vote from this, and use it for one of the other questions. – perror May 28 at 14:32
up vote 0 down vote
If the IS curve were upward sloping, would the standard IS-LM model have a stable equilibrium?
added by Jeremy Oct 10 '12 at 8:10
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up vote 9 down vote
What are topics in Macroeconomics that would be of interest to mathematicians?
added by Jeremy Oct 10 '12 at 8:14
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Vague... totally depends on the mathematician's interests. – Camil Staps Apr 11 at 18:29
@Camil Staps Well yes, I think it is assumed that more detail would be given in the body of the question. – Jeremy Apr 11 at 18:39
Okay then, you got my upvote :) – Camil Staps Apr 11 at 18:40
up vote 0 down vote
What effect does foreign policy and trade have on a nation in a liquidity trap?
added by Jeremy Oct 10 '12 at 8:21
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up vote 10 down vote
What is lost in trying to formalize all of Economics in terms of Mathematics?
added by Jeremy Oct 10 '12 at 8:30
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People are more than data points and you can never truly model explicitly the will to survive – MCP_infiltrator Apr 30 at 12:36
up vote 1 down vote
What are the effects of using interest rates to control inflation, as done in New Zealand?
added by Highly Irregular Nov 2 '12 at 8:13
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up vote 9 down vote
How does a Nash equilibrium differ from a competitive equilibrium?
added by Merbs Nov 16 '12 at 14:16
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1  
+1, although being a strategic voter myself, I'd save my votes for other good questions that have not passed the 10-vote mark ;) – Kevin C Apr 14 at 6:57
-1. The answer can be found by looking in any standard textbook. – Jyotirmoy Bhattacharya Jun 13 at 8:37
up vote 9 down vote
How would you model a Cournot competition with free entry?
added by Merbs Nov 16 '12 at 23:34
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up vote 6 down vote
Why the Euro keeps gaining on the US$ even though the Euro is going through an economic crisis ?
added by DReispt Nov 23 '12 at 16:27
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1  
The Eurozone is going through an economic crisis, not the Euro. – Joe Z. Feb 24 at 19:04
up vote 2 down vote
What is quantitative easing? Why US and Japan had to do quantitative easing?
added by swapnil Nov 30 '12 at 17:10
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and why do they call it quantitative easing and not money printing or inflation. Its a new name for same trick. I think it has to do more with politics than economics. – Xitcod13 Dec 6 '12 at 7:24
did you edit this question? it seems to me that it makes a very big assumption which might not be true. – Xitcod13 Apr 21 at 3:56
up vote 11 down vote
is there any evidence that new deal actually helped the economy of USA?
added by Xitcod13 Dec 6 '12 at 7:15
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up vote 10 down vote
Does minimum wage help the economy?
added by Xitcod13 Dec 6 '12 at 7:17
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Economy of the employee, economy of the employer, or macro-economy? – gerrit Dec 10 '12 at 17:46
macro-economy .. – Xitcod13 Dec 11 '12 at 2:42
How would a model answer to this question look? To me it seems that the only honest answer is ``it depends" which is followed by a review of the literature on the effects of the minimum wage. – igor Apr 14 at 9:58
plus if you take an economics class. The basic assumption is everything else kept constant. Taking that into consideration you cannot say "it depends" – Xitcod13 May 2 at 0:25
To clarify igor's point, you say "it depends" and then explain what considerations you have in mind, each time limiting the scope of your claims by saying "everything else equal". – Frank May 15 at 23:45
show 1 more comment
up vote 0 down vote
What systems have been proposed to merge ecology and economy and systematically represent true cost?
added by gerrit Dec 10 '12 at 17:22
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up vote 8 down vote
Where, if anywhere, do cooperatives make up a significant (>5%) share of the economy?
added by gerrit Dec 10 '12 at 17:23
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up vote -1 down vote
What are pros and cons of the Chicago plan?
added by gerrit Dec 10 '12 at 17:24
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Wikipedia on Chicago plan. – gerrit Dec 10 '12 at 17:24
up vote 0 down vote
Why do we need perpetual, exponential economic growth?
added by gerrit Dec 10 '12 at 17:25
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It's a big vague question, with a questionable premise. If you can find a notable claim of someone significant saying "we need perpetual, exponential economic growth?", it might be worth asking about it on skeptics.se – EnergyNumbers Mar 6 at 21:18
@EnergyNumbers Well, implicitly — when the economy doesn't grow, politicians, economists, and others, speak of economic "crisis". – gerrit Mar 9 at 15:14
up vote 0 down vote
In what way(s) is money created in <country>?
added by gerrit Dec 10 '12 at 17:26
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Probably too vague to be answerable, and likely to attract all sorts of ... fringe ideas – EnergyNumbers Mar 6 at 21:15
@EnergyNumbers, the question as stated is a bit short, and vague. I think the concept behind the question is very interesting, and would be ok if the question is made to be more specific. (e.g. a specific country etc.) – Chris Mar 8 at 0:09
1  
@Chris - I think it's better phrased as just asking about the differences between M0-M4, which allows a clearer answer and could keep the cranks at bay. – EnergyNumbers Mar 8 at 8:49
Yeah I'll agree with that. – Chris Mar 8 at 8:57
1  
In what way is this question vague? I'm a lay when it comes to economics, but it appears like a very concrete question to me. Perhaps it's too broad to be answerable in a few paragraphs, that I don't know. But I don't get why it would be vague. – gerrit Mar 8 at 10:31
show 6 more comments
up vote 0 down vote
What is the contemporary take on Marx's labor theory of value, particularly with regard to software and IP-based economies?
added by Scott Kilpatrick Jan 20 at 23:01
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Marxian economics as a whole is almost completely disregarded as irrelevant in modern economics. – John Bensin May 1 at 16:35
I think it's an okay question, but "What is the contemporary take on" invites bad answers, I think. Maybe something more like "What does X have to say about Y?" – Frank May 15 at 23:41
up vote 1 down vote
Is fiscal coordination also necessary in monetary unions?
added by BarisV Jan 28 at 0:30
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up vote 8 down vote
Why isn't more low-cost manufacturing done in African countries?
added by David Englund Feb 9 at 15:23
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up vote 1 down vote
What real-world situations can give rise to a divergent cobweb in the cobweb model? Please provide some examples.
added by Manishearth Mar 1 at 15:50
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up vote 1 down vote
Why do we need to define various money aggregates?
added by Manishearth Mar 1 at 15:52
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up vote 10 down vote
In what circumstances (generally) does a central/reserve bank allow commercial banks to dip into their required reserves?
added by Manishearth Mar 1 at 15:53
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up vote 0 down vote
Does private debt lead to economic prosperity?
added by Chris Travers Mar 3 at 2:21
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as in countries economic prosperity right? – Xitcod13 Apr 21 at 3:56
up vote 4 down vote
Ceteris paribus, how does varying interest rates influence inflation?
added by Chris Mar 5 at 4:06
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Note my question is different from: "What are the effects of using interest rates to control inflation, as done in New Zealand?", which asks about the effects of this method, rather than how this method actually works. – Chris Mar 5 at 4:08
up vote 0 down vote
Why is gold a good investment before economy is about to collapse? Is it crashproof or can market crash in a way that would lower golds value?
added by Xitcod13 Mar 19 at 22:28
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up vote 0 down vote
Airline alliance flight optimization: Why booking.com says that both legs of indirect flight must be operated by the same carrier?
added by Val Mar 22 at 21:43
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1  
@Downvoters This is a good question. It is asking why this market has this structure. Economists think about and propose ideas on this sort of thing all the time. Would you downvote a question about why firms in market X always bundle Y and Z? – Frank May 31 at 15:23
up vote 6 down vote
How to derive and what is the intuition behind the first order condition of the Dixit-Stiglitz model?
added by Tong Zhang Mar 29 at 14:15
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-1. The answer can be found in any textbook. – Jyotirmoy Bhattacharya Jun 13 at 8:37
1  
I posted this question here: Derivative inside an integral, with title modified to fit the topics of MathSE. The answer I got was definitely not some textbook clique. As for the intuition, we always find real professionals giving out excellent answers, irrespective of how many times the derivation is written in the textbook. See how excellent this post What are imaginary numbers? is, though the question is "textbook". – Tong Zhang Jun 13 at 13:27
1  
To summarize my respond to your downvote, 1. this is not a question of which you can find the answer in "any" textbook. 2. in my opinion, providing deeper understanding to existing questions is the real advantage of a Q&A site. For this point I refer to the top-rated questions of the MathSE, most of which are simple and textbook questions. – Tong Zhang Jun 13 at 13:36
up vote -1 down vote
The yen has weakened recently; what factors (political, economic, natural disasters, etc.) could cause it to strengthen again?
added by Darren Cook Apr 7 at 1:20
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I'm asking this to see if specific and topical subjects are allowed/encouraged. – Darren Cook Apr 7 at 1:21
up vote 3 down vote
How to solve for a monopolist's maximization problem when the inverse demand is not everywhere differentiable?
added by Kevin C Apr 14 at 6:46
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up vote 1 down vote
What are the empirical justifications for the widespread use of quasi-linear utility functions in (micro-)economics?
added by Kevin C Apr 14 at 6:53
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up vote 1 down vote
What are some real world counter-examples of "Independence of Irrelevant Alternatives (IIA)" (as in social choice theory)?
added by Kevin C Apr 14 at 8:35
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up vote 1 down vote
What is the justification for having antitrust law (or competition law in Europe), as opposed to letting the firms compete on the market?
added by igor Apr 14 at 9:54
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