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My high-school Macroeconomics textbook states that 'There is an inverse relationship between the price of foreign currency, or exchange rate, and demand for foreign exchange. When the exchange rate ...

If borrowing is profitable how could taxes even be fiscally beneficial? Even if your goal is progressive taxes, preventing the rich from lending actually makes them more profit.

I have a good grasp of Calculus but I have never used the ratio of second and first derivatives. So, I am having a hard time understanding what it does and how?

I'm doing an econ course after not having any math or micro for a few years, now I'm totally missing the basics again. I'm wondering how to show that utility functions are an equivalent to each other: ...

Here, I need to confirm that the answer of question (A) can be answer just by a(i,j) = - A(i,j) Where a(i,j) and A(i,j) are the elements of i-th row and j-th column of payoff matrix of B and A ...

I am working with some real estate data on housing units. For a given market, I have data on occupied units, rents, and control variables such as population, demographics, income levels etc. I'd like ...

Is it true that a single-peaked preference (with the peak at some finite point) over the set of real numbers, always has a utility representation ?? If yes, can you please hint towards the proof or ...

The annual rate of increase in real gross domestic product (GDP) in one or more quarters prior to or including the fourth quarter of 2020, as rounded to the nearest tenth of a percent, per the advance,...

What if the current civilizational collapse is too rapid? What are the policy implications?

I'm struggling to think of a way to violate the transitivity axiom. I was thinking about the following scenario: Let's say that you're voting on three different choices, A, B and C. If you pit A vs. B,...

How do I find the Marshallian and Hiksian demand functions with the utility of the following kind? Can I still use the Lagrangian? And how do I consider boundary cases?

What are the household holdings of financial products in China? It seems to be generally accepted that real estate is the most popular savings product for households in China and perhaps it is also ...

Fast-food restaurants like McDonald’s are replacing cashiers with touch-screen ordering kiosks. Currently, the marginal product of another cashier is 48 customers served per hour; the marginal product ...

Why did the pound sterling lose it reserve status to USD? Was this due to some agreement during the Bretton Woods negotiations?

For a regression model: Y = B0 + B1.X + B2.X2 + U, B1 and B2 is the marginal effect on ...

Anything collected in taxes would otherwise sit in a savings account and be invested in treasuries (or whatever). If rates are negative, taxes actually lose money over leaving things alone. Why would ...

Assume a naive market that prices oil on immediate demand. We'd expect price to increase as eroi got worse, then collapse as eroi fell below 1 and investment collapsed. Less oil supply results in ...

Is it possible to have preferences that is strictly increasing but not convex? Will perfect substitutes indifference curves show strictly increasing but not convex preferences? I am confused, as won't ...

So I am trying to find a binary relation on the set X = {v, w, x, y, z} that is asymmetric and transitive but not negatively transitive, and is quite tricky. Will R = (v, w) be asymmetric and ...

We can use the utility function as U(Ct) = Ct since logCt is just a monotonic transformation but still, I can't get the answer.

Different stock exchanges (for example, NYSE vs KRX) have similar but different regulations overall. Each exchange has different concerns and each exchange has a different approach to handle problems ...

https://en.wikipedia.org/wiki/Courier https://en.wikipedia.org/wiki/India_Post https://www.indiatoday.in/information/story/how-to-send-a-courier-via-india-post-1609980-2019-10-16 Do you feel there is ...

Are purchasing managers indexes from IHS and ISM increasing because bankruptcy is shifting busienss between firms, therefore inflating growth?

Given the marginal rate of substitution of $x$ for $y$ : $\frac{u'(x)}{u'(y)} $ I know one can interpret this as the amount of $y$ one is willing to give up for an additional unit of $x$, or the ...

Earlier this year, the Fed abolished the reserve requirement. My understanding was that the motivation for banks offering CDs was because the Fed didn't impose reserve requirements on CDs, so banks ...

Xinjiang has a surface area of about 40% of Europe but instead of having a population of 200 million like 40% of Europe it has only 21 million. What kind of economic potential Xinjiang has? What kind ...

Say there is a marketplace company that facilitates buy/sell of digital content (i.e. marginal cost = 0). And that content is somewhat substitutable but not completely so. As an example, for a ...

Given the situation below, can someone help me identify/name the logical phenomenon? So I own a laptop that I don’t use…. Someone has offered me £1000 dollars for it but I decided not to sell it. I ...

Person $A$ has information partition $\{\{1,2\},\{3,4\},\{5,6\}\}$ Person $B$ has information partition $\{\{1\},\{2,3\},\{4,5\},\{6\}\}$ $w=3$ has been realized. I'm confused about what $A$ knows ...

Many countries are facing negative GDP growth due to coronavirus. I am curious to know what will the significant consequences of having negative economic growth?

Are there any production function $f(x_1,\ldots,x_n)$ that is having decreasing returns to scale, given that the marginal product in every input $i$ in the function $f$ is constant?

It is indeed poorly labeled. But a glorious graph.

it is about real business cycle.. It would be appreciated highly if you could solve this.

(MWG 16.C.2) Suppose that the preference relation $\succsim_i$ is locally nonsatiated and that $x_i^*$ is maximal for $\succsim_i$ in set $\{x_i \in X_i: p \cdot x_i \le w_i\}$. Prove that the ...

I'm beginning with DSGE modeling, and a mathematical representation (perhaps trivial for most of the people that are more with this topic) is the space-state state representation of a dynamical model, ...

So, this isn't to solve any kind of problem, but rather about the intuition behind the concept. I was wondering if at the optimal point where the indifference curve is tangent to the budget line and ...

South Sudan economy has been surviving on oil revenue with 98% income. Despite that the fact that South Sudan is the fertile land, government and local people are regularly engaged in conflict and ...

If IS-LM equilibrium interest rate is, let's say, 5%, does it also mean that the money demand and supply equilibrium interest rate would also be 5%?

Short Clarification : This question was asked at the Cross Validated SE (Question at CV) but one highlighted in the comments, that this might be more applicable to this SE due to its economic topic. ...

I am reading an article in the Economist. It is discussing the China's unbalanced economy especially the lower household consumption proportion in GDP than the global average. The writer thinks the ...

My apologies if this is a silly question. My background isn't in economics, though wish I had some. During the 2008-9 financial crisis, federal debt increased significantly and there was a small talk ...

I am currently investigating the economic impact of the parking pain in Italy. I have just found out this INRIX Research which is absolutely stunning, but it only focuses on US, UK and Germany market. ...

Help remembering the specific term for the following would be very much appreciated! The following: When a government implements a tax/regulation that is too low in stringency, the new policy may not ...

What are the ways to improve national income in this covid pandemic period? Ps: I'm new to economics stack exchange, I don't know this question fits to the site standard or not. Thanks a lot

I am looking for research and papers on the impact of informal/unregulated suppliers on market prices and negative externalities. I am particularly interested in the manufacturing sector.

Assuming rents are high enough isnt it easier to make people fight over pieces of paper to pay land rent, rather than directly enslave them?

After researching for a while, I find this: https://www.jstor.org/stable/1913607?seq=2#metadata_info_tab_contents They come up with an axiom called SSARP that generates a preference with smooth demand ...

given a demand function x:Rn++ → R+ → Rn+ what does it mean x satisfies the budget equality? (The answer: it just means a consumer buys things until they've spent all the money that they have)

Various forms of slavery were nearly universal before the industrial revolution. After industrialization, it would naively seem forced labor would continue to be widespread, as there is no way to ...

Productivity paradox https://en.wikipedia.org/wiki/Productivity_paradox is the name for the slow productivity growth (i.e. slow GDP growth) of the developed economies despite the robotics, AI, ...