# All Questions

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### How interest rate affects currency

I am quite new to economics. I was reading about changes in interest rates and its effect on currency value. The fact is as interest rates increases, the currency value also increases and vice versa....
1answer
32 views

### When building a social accounting matrix, do you input domestic intermediate demand or total intermediate demand?

I have been trying to build a social accounting matrix (SAM) after building an input-output table (IOT). In the IOT, I had to distinguish between total intermediate demand (which includes import of ...
0answers
24 views

### Hedonic regression and attribute-shares in house prices

Given a house with price $P$ and attributes $h_1,\dots,h_n$, I want to estimate how much each attribute costs as a percentage of house price $P$. In other words, if we express house price as the sum ...
1answer
53 views

### Change in inventory

Inventory change=last period's ending inventory- the current period's ending inventory. Change in inventory= production of the firm during the year- sale of the firm during the year No doubt in (1) ...
2answers
47 views

### Where can I find the statistics of import crude oil to China?

Is there any website that shows statistics of import crude oil and commodities to China daily or monthly?
2answers
23 views

### What is the best observable proxy for the instantaneous risk-free market interest rate?

I am exploring a number of different models using daily data, of the US economy, and am trying to gather up observable proxies for some of the most important macro and micro variables, and surveying ...
2answers
36 views

### K in the Cobb Douglas function

I'm using the Cobb Douglas production function for a Mathematics investigation into how optimisation works in Economics. The assumption is that the firm require's only one type of capital, that is, a ...
0answers
11 views

### Given an MRS how to be better off [closed]

Let's assume we have 2 agent A and B. A has n good x and m good y and B has a good x and 2a good y. If we know their MRS's at their current bundles how can we offer them a trade that makes both of ...
3answers
51 views

### What would be the income tax rate be if it were 'flattened'?

In some recent conversations/speeches (It's voting season), I have noticed many people do not understand how a marginal income tax system works. Not understanding how they are only taxed at the ...
0answers
21 views
+50

### NIPA sectoral balances, understanding influences on household sector

we know that the private sector balance = S-I = Y-C-T-I lets split it into 3 sectors: Households, Firms, and Banks. Suppose that that the HH balance equals +100 so far into the period. Q1) Then, a ...
0answers
20 views

### Questions about merger simulation with logit demand

I'm trying to learn how to do merger simulation with logit demand. I think I get the concept of it and most of the math, but I'm struggling to put everything together and see how you would actually ...
0answers
21 views

7answers
3k views

### Mathematical Micro/Macro Economics Textbook Recommendation

I was formerly an economics major and now also majoring in mathematics. I want a textbook that is rigorously based on mathematics; not just using mathematics whenever the author wants, but in a more ...
0answers
9 views

### China benchmark rates and Shibor relationship (chart)

I made the chart below for an assignment on People's Bank of China monetary policy during the financial crisis. The problem is that it got me very confused about the relationship between these ...
1answer
205 views

### Axiom: More is Better; But when is more better?

I'm taking an introductory microeconomics course and have been introduced to the 3 axioms of economic preferences. These include Completeness Transitivity Non-satiation My understanding of non-...
1answer
29 views

### Am I correct that cyclical unemployment can be negative?

Let's start with stating and emphasizing some truths that we will need later. Overall unemployment rate=Frictional unemployment + Structural unemployment + Cyclical unemployment. Also, Natural rate of ...
1answer
31 views

### Are these two derivatives the same with regards to TR?

Given that Marginal Revenue is change in Total Revenue: TR = P*Q P = f(Q) TR = f(Q) * Q MR = dTR/ dQ Or ...

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