As of May 31, 2023, we have updated our Code of Conduct.
Stan Shunpike's user avatar
Stan Shunpike's user avatar
Stan Shunpike's user avatar
Stan Shunpike
  • Member for 8 years, 4 months
  • Last seen more than a month ago
1 vote
0 answers
21 views

In the real world, do companies try to maximize return via maximizing profits or maximizing profits/costs (or neither)?

0 votes
0 answers
30 views

What are some of the most successful redistribution policies used by governments?

4 votes
1 answer
31 views

Is there a descriptive / axiomatic approach to barriers to entry? If so, who are the most prominent authors?

2 votes
2 answers
574 views

Why is MC = ATC the same point for both the breakeven point and an investor maximizing return?

-3 votes
2 answers
69 views

Why do bond prices reflect changing interest rates by the Fed if the bonds are already sold?

1 vote
1 answer
313 views

What is autocorrelation of prices?

1 vote
1 answer
276 views

How does one prove the convergence of a trajectory in the Ramsey model?

4 votes
1 answer
3k views

What is the difference between Solow growth, classical growth, and neoclassical growth?

10 votes
5 answers
1k views

Are options a form of insurance?

7 votes
1 answer
212 views

Is China at the golden savings rate s? If so, what is it?

0 votes
0 answers
546 views

Why does only relative price and not absolute price matter in international trade models?

2 votes
1 answer
1k views

How does one derive relative demand?

2 votes
1 answer
225 views

In the Ricardian model, why are two out of 3 cases invalid?

5 votes
2 answers
895 views

Does a Robinson Crusoe economy have a substitution effect and an income effect?

2 votes
2 answers
214 views

In the Solow growth model, does labor grow like technology at the steady state?

0 votes
1 answer
201 views

Why are there two formats for the Solow capital evolution equations?

2 votes
1 answer
1k views

Where do I find the US GDP growth on FRED? [closed]

1 vote
2 answers
108 views

How does what companies produce and sell factor in GDP?

0 votes
2 answers
3k views

What is the difference between marginal cost and average cost? [duplicate]

1 vote
2 answers
152 views

Does the Samuelson condition assume all the prices for the private goods are the same?

3 votes
0 answers
369 views

Can the social planner problem be reduced to a Pareto problem or a Walrasian equilibrium problem?

7 votes
2 answers
2k views

What is the purpose of the local non-satiation assumption in the first welfare theorem?

1 vote
1 answer
5k views

What is the difference between average cost and marginal cost?

5 votes
2 answers
16k views

Why is the income effect zero for quasilinear utility functions?

4 votes
1 answer
3k views

How does one calculate compensating variation for multiple price change?

2 votes
2 answers
2k views

If strict convexity of indifference curves isn't assumed, does MRS have to be negative?

1 vote
1 answer
454 views

Why are allocation and distribution important consequences of the second welfare theorem?

6 votes
3 answers
370 views

Do claims in economics require proofs?

3 votes
2 answers
993 views

Fast way to write out the utility optimization problem for a Cobb-Douglas function?

8 votes
1 answer
5k views

Do perfect complements have to be normal goods? If so, why?