UF trivia
Economic Theories and Concepts
Global Economics
Pop Culture Economics
Were you paying attention?
100

This popular campus landmark is a 157-foot-tall carillon tower built in 1953 that rings out over the campus.

What is Century Tower?


100

This economic theory of trade, developed by David Ricardo, argues that countries should specialize in producing goods where they have a lower opportunity cost, thus benefiting from trade.

What is the theory of comparative advantage?

100

The United Kingdom officially left this economic and political partnership on January 31, 2020, ending a 47-year membership and sparking debates about trade, immigration, and economic sovereignty.

What is the European Union? 

100

In professional sports leagues, the limitation on how much teams can spend on players is known as what economic term that controls salary inflation?

What is a salary cap?


100

This presidential candidate has a plan to elucidate a more progressive tax structure?

Who is Kamala Harris?

200

In 2006 and 2007, the UF Gators won national championships in both football and this other major college sport.

What is basketball?

200

Known for advocating minimal government intervention, this economic philosophy argues that markets are most efficient when they are free from regulation.

What is laissez-faire?

200

In 2020, NAFTA was replaced by this updated trade agreement, which includes new provisions on digital trade, environmental and labor standards, and automotive manufacturing.

What is UMSCA?

200

In the TV show Shark Tank, the participants negotiate with Mark Cuban, Barbara Corcoran, and the rest of whom I can't remember over what economic concept that represents ownership of their company? 

What is equity?

200

This theory states that countries can actually control their currency? 

What is modern monetary theory?

300

The University of Florida's student-run newspaper, one of the largest of its kind in the U.S., is named this.

What is the Independent Florida Alligator?

300

This macroeconomic theory focuses on controlling the money supply as the key driver of economic stability and inflation, and is often associated with economist Milton Friedman.

What is monetarism?

300

In March 2021, this massive container ship blocked one of the world’s most important shipping lanes for six days, causing billions of dollars in trade losses and highlighting the vulnerability of global supply chains.

What is the Ever Given?

300

In Fortnite, players spend real money on in-game currency called V-Bucks. This is an example of what? 

What is a virtual economy? 

300

This overarching concept includes the tariffs that Donald Trump plans to implement on other countries.

What is protectionism?

400

This UF alumnus served as a U.S. Senator, Governor of Florida, and also has his own Center for Public Service in CLAS.

Who is Bob Graham?

400

This 20th-century economic theory focuses on long-run growth by incorporating technology and innovation into production function models by Robert ____ whose surname is part of the official name of the model. 

What is the Solow Growth Model (or neoclassical growth theory)?

400

In 2020, this South American country reached an agreement with creditors to restructure over $65 billion of its foreign debt, following its ninth sovereign default due to a deep recession and rising inflation.

What is Argentina?

400

Apple often uses what pricing strategy, charging a high price for new iPhones at launch, and lowering it later once demand from early adopters is satisfied? 

What is price skimming?

400

The names of the areas, in one of the largest open-air drug markets of Kensington, Philadelphia, that were created by SafeHouse, aimed at reducing needle-sharing.

What are "Supervised Injection Sites"?

500

This UF professor and researcher developed the popular sports drink Gatorade, which was named after the Gators football team.

Who is Dr. Robert Cade?

500

This economic concept, pioneered by Elinor Ostrom, challenges the traditional notion of the "tragedy of the commons" by suggesting that communities can manage shared resources sustainably without government intervention.

What is Common-Pool Resource Theory?

500

In January 2015, this European country abruptly abandoned its currency peg to the euro, leading to a sudden 30% appreciation of its currency and causing major financial market disruptions.

What is Switzerland?

500

In The Big Short (2015), several characters make a profit by betting against which financial product that led to the 2008 Financial Crisis?

What are subprime mortgage bonds?

500

The day and time UES participates in co-ed recreational flag football.

When is on Mondays, from 7-8pm?

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