Episode #125 of the Stack Overflow podcast is here. We talk Tilde Club and mechanical keyboards. Listen now

Questions tagged [soft-question]

A Non-specific question regarding economic practice and analytical development.

Filter by
Sorted by
Tagged with
2
votes
0answers
39 views

What do game theorists think of behavioural economics?

Though behavioural economics has been popularized over the past decade in both industry and pop culture, it seems that not much has changed with regard to the standard economic definition of ...
1
vote
0answers
25 views

Regarding Macroeconomic Models

I've recently started my PhD and upon looking at my textbook (the sargent one) I found that it differed greatly from my Masters textbook (Romer) and in turn my undergraduate macro text (williamson). ...
1
vote
2answers
50 views

what are some unique features of heterodox economics?

I've been reading up a bit on heterodox economics as well as watched some of the lectures online and quite frankly, I'm having a hard time figuring out whats are the unique features of this school of ...
0
votes
0answers
28 views

Would apprenticeships improve the economy long term?

Evening my name is Nick and I am a high school student from Fairfield California and I’m 17, my super hyper theatrical question is about a substitute to college in order to create more efficiency in ...
3
votes
1answer
69 views

Why is it called Bayesian Persuasion?

I'm sure most of you are familiar with the paper titled "Bayesian Persuasion" by Kamenica and Gentzkow (2011), (you can find it here). I was wondering what are your thoughts as to why it is called "...
0
votes
2answers
49 views

Economics PhD graduate? [closed]

What are the options for Economics PhD students after graduation? I am aware most students end up going into academia as either professors or researchers. What are the options in the corporate world ...
1
vote
2answers
41 views

What is the Thomson Reuters tool that is used in universities? [closed]

I'm not an economics major but when I go to the library of the economics department I see that computers have access to something that is related to Thomson Reuters. given that I'm interested in ...
3
votes
0answers
75 views

Open Foundational Problems in Mathematical Economics

What are some open problems in mathematical economics which are treated as if they have been solved in economics papers? As an example, one of my teachers has previously pointed out to me that there ...
1
vote
1answer
127 views

Technical Analysts and Econometricians: A Question on Methods

I've been reading the book Technical Analysis Explained by Martin J. Pring as a result of a conversation with one of my friends who said he did technical analysis but didn't apply the types of models ...
0
votes
4answers
258 views

What is economics?

It has been disturbing me since the first year of college that the meaning of economic is express too much as it is too less. "Study of scarcity, utilize the limited resources to satisfy unlimited ...
1
vote
2answers
77 views

Reading list for physics undergrad who'd like to cover the economics related to the hedge fund/ private equity field

I have had relatively little exposure to economics( nothing more than EC101) and would greatly appreciate help in answering the following questions: Which sections of economics are more or less ...
56
votes
22answers
12k views

Criticism of Math in Economics

I've been reading and speaking to a number of educated economists and economics PhDs who are against the use of intense mathematics and mathematical proof in economic theory. Specifically I've been ...
2
votes
1answer
121 views

What properties does a stable economy possess?

Given the large amount of commentary on the state of the economy, I've found that most of the time the theme of the articles are always that there is something wrong/ abnormal with regards to the ...
4
votes
1answer
66 views

Soft Question: Economic measurement in a post-industrial economy

I have a colleague who is a mathematician by training and currently works in Risk Analysis. He has issues with current Economic theory and I have debated him over coffee a couple of times. One ...
1
vote
1answer
34 views

what are the categorization by industry in economics?

I wanted to know what industries are there from an economics point of view, and how each industry branches into different parts. Just categories and names will do , or if you can point to a resource ...
1
vote
0answers
23 views

Best texts on cash usage and share buybacks in companies

What would be a good reference for how companies utilise their cash to conduct share buybacks. I am trying to understand how share buybacks affect the valuation of a company.
3
votes
2answers
31 views

Conference venues

Most of the conferences I've learned about essentially by word of mouth. Is there any website listing prominent economics conferences? I'm interested in Economic Theory conferences mostly, but feel ...
2
votes
0answers
77 views

How would I assess Pesaran's «Time Series and Panel Data Econometrics»?

Has anyone ever read the book «Time Series and Panel Data Econometrics» by M. Hashem Pesaran? I'm trying to find a hardcopy near me, but I can't find it anywhere, even in libraries near where I live. ...
4
votes
1answer
130 views

Where does the Euler equation get its name from?

The Euler equation, specifying the dynamical constraint for optimality of an intertemporal optimization problem, is widely used in modern economics. But where does it get its name from? What did Euler ...
2
votes
1answer
138 views

Resources to improve my economic intuition

I am trying to improve my economic logic skills and ability to think about day-to-day issues in the systematic way economics and decisions science approaches scarcity or optimization. A simple ...
3
votes
2answers
501 views

Certifications for economists

Are there certifications or professional designations that are specifically geared for economists? i.e much like the CPA and CA exists for accountants.
0
votes
1answer
38 views

What prerequisite courses do I need in order to specialize in Mechanism/Market design theory?

After seeing some lectures on Youtube, I came to learn about a few, namely, Game Theory and Microeconomics, but I am not sure whether this is all that is needed. Please do add as many courses as ...
2
votes
3answers
166 views

Which area of Economics involves heavy mathematics and also appears to be directly helping the people?

The thing is that I am writing a scholarship essay and one of the questions asks me to list my career goals and suggests as to how would the college where I am applying for the scholarship to would ...
3
votes
2answers
112 views

Sending your paper around in Economics

As a PhD student I made a few connections over the course of time with professors from around Europe (had brief chats with them at conferences, invited them at conferences, etc..). Some explicitly ...
4
votes
2answers
687 views

Math basics for Macro&Micro economics and econometrics

I have just been admitted to a graduate school for studies in economics and I major in public administration during my undergraduate time. I have learnt linear algebra, single variable calculus, ...
5
votes
1answer
439 views

Economics: inductive or deductive? Verificationism or falsificationism?

Question 1: Are economic theories and models developed using induction or deduction? My view: If we gather historical evidence and figure "so, people tend to be like this and that so let's call this ...
7
votes
4answers
1k views

Mathematical open problems that (when answered) might unlock MAJOR mathematical (micro)economics/finance/econometrics discoveries

Are there any (specific) math open problems that mathematical (micro)economics / finance / econometrics researchers wish mathematicians could solve for their discoveries to flourish? If positive, ...
5
votes
2answers
209 views

Foundational equations or concepts of Finance

For the other sciences it´s easy to point to the most important equations, inequalities, propositions or concepts that ground the discipline. If I want to explain Finance to a physicist say, what are ...
1
vote
0answers
43 views

Designing economic system for an RPG [duplicate]

I am not sure how well suited my question will be to the platform, but it's a question nonetheless, concerning economics. I am, rather we are, group of people moderating a real world text-based RPG. ...
5
votes
3answers
1k views

What are the best books for developing a solid understanding of fundamentals of Economics?

Recently, Raghuram Rajan, a former chief economist at the International Monetary Fund and current Governor of central bank of India, while addressing undergraduate students of Economics, said: ... ...
5
votes
4answers
168 views

Taking observed preferences seriously

You often hear economists (proudly) say that they don't take stated preferences seriously, but instead rely on observed preferences. Correct? To me both are problematic if you want to understand ...
4
votes
2answers
230 views

Preparation for the rigors of an economics graduate programme

I realize now that my undergraduate program is not nearly as rigorous as it should be - it required almost no math to complete. This is concerning because I've been accepted into a decent (top 30) PhD ...
12
votes
5answers
284 views

Contest: earliest written instance of economic thought

Following part 5 of @Lateral fractal answer to "Handy Hints for Committing to the Beta" on the meta "Have fun! No fun = No play. No play = No beta. I'm sure I'm not the only one to feel that a ...
6
votes
5answers
1k views

Book recommendations on empirical methods in economic research and econometrics?

This question is more so geared toward anyone with research experience within economics, though of course, anyone is welcome to respond. I'm an undergraduate math major with a minor in economics. I'...
65
votes
13answers
17k views

Fundamental equations in economics

For the other sciences it´s easy to point to the most important equations that ground the discipline. If I want to explain Economics to a physicist say, what are considered to be the most important ...
14
votes
2answers
1k views

Differentiate a positive externality and the absence of a negative externality. Tax or subsidize?

I hope this isn't overly semantic, but I'd like to gain some clarification on the use positive (or negative) externality. I usually shoot down suggestions for examples of positive externalities like ...