Health
This is what the acronym WHO stands for
What is the World Health Organization?
The type of trading in international economy that occurs without restrictions
What is free trade?
President-elect Donald Trump has stated that he intends to impose these instruments in order to promote domestic industries, but many economists have criticized his plan.
What are tariffs?
What is the primary greenhouse gas emitted by human activities? It is primarily produced through the burning of fossil fuels for energy and transportation.
CO2 or Carbon dioxide
This building currently houses the GT School of Economics.
What is the Old Civil Engineering Building?
This government program in the United States provides healthcare coverage primarily for individuals aged 65 years and older.
What is Medicare?
The ability of an actor to produce more of a good or service than a competitor vs. the ability of an actor to produce a good or service for a lower opportunity cost than a competitor
What is the difference between absolute advantage and comparative advantage?
Having begun his second term in 2022, this man is the current Chair of the Federal Reserve.
Who is Jerome Powell?
What are some of the potential consequences of rising global temperatures?
Rising sea levels/Temperature, change in weather, disruption/destruction of ecosystems.
These are the three buildings that make up the library complex at Georgia Tech.
What is the Price Gilbert Library, Crosland Tower, and the CULC?
This model in health economics explains the trade-offs between investing in health capital versus other forms of capital over a person’s lifetime
What is the Grossman Model?
A decrease in the price level which will lead to a appreciation of the dollar and a depreciation in the Euro
What would a permanent decrease in the US money supply relative to the Euro do?
The Federal Trade Commission attempted to ban them in employment contracts in April 2024, but a federal judge struck down the new rule.
What are non-compete agreements?
What is a Pigouvian tax?
A Pigouvian tax is a tax on market transactions that create negative externalities, or costs for people not directly involved in the transaction.
This fictional “alumnus” created as a prank in 1927, became a GT legend after registering for classes, “graduating”, and even earning advanced degrees.
Who is George P. Burdell?
This economic principle explains why consumers may consume more healthcare services when they have insurance that covers most of the cost
What is moral hazard?
The subprime mortgage plight in the United States
What was the leading cause of the 2008 financial crisis?
A hedge fund manager and the founder of Key Square Group, this man is president-elect Donald Trump’s current nominee for Secretary of the Treasury.
Who is Scott Bessent?
When is the Paris Agreement signed/adopted?
2015
This was the first degree program offered by Georgia Tech when it opened.
What is Mechanical Engineering?
This healthcare measure combines both the quantity and quality of life into a single metric, often used to evaluate the cost-effectiveness of interventions
What is a quality-adjusted life year (QALY)
[In 1990] There was a boom in Germany and higher inflation, and, with other EMS countries' commitment to fixed exchange rates, a deep recession in nearby countries
What was the result of the reunification of eastern and western Germany in 1990?
He is one of three winners of the 2024 Nobel Memorial Prize in Economic Sciences “for studies of how institutions are formed and affect prosperity”.
Who is Daron Acemoglu, Simon Johnson, or James A. Robinson (name any)?
What is the goal of the Paris Agreement? (Hint: what temperature level does it wants to achieve?
To hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.”
This phrase appears on Georgia Tech’s official seal and reflects its mission as an institution.
What is “Progress and Service”?