Theory
These are the big 3 fields of economics that every econ major learns.
What are micro, macro, and econometrics?
This area of technology has been leading stocks recently
What is AI?
This former Fed Chair is now the Secretary of the Treasury
Who is Janet Yellen?
This international "event" closed out the recovery from the Great Depression.
What is WWII?
This is the largest export of Antarctica.
What is fish?
For this type of good, demand increases as price increases.
What is a Giffen good?
The October 2024 Unemployment Rate (within 0.1%)
What is 4.1%?
This former Fed Chair won the Nobel prize for economic sciences in 2022.
Who is Ben Bernanke?
Karl Marx originally published The Communist Manifesto in this language.
This country is the largest exporter of diamonds, making up almost 20% of global diamond exports and summing to over $20 billion/yr in value.
What is India?
In this type of efficiency, nobody can be made better off without making someone else worse off.
What is Pareto efficiency?
The current Federal Funds Rate level
What is 4.75-5.00?
This many current US Supreme Court justices studied for a degree in economics.
What is 0?
The first US central bank was founded in this year following efforts from Alexander Hamilton.
What is 1791?
This country experienced the highest unemployment rate in 2023 at 37.6%
What is Eswatini?
This is a method for analyzing strategies, starting with the last action.
What is backwards induction?
The YoY core PCE inflation as of October 2024 (within 0.1%)
What is 2.7%?
Besides Jerome Powell, this is one of the members of the Board of Governors of the Federal Reserve.
Who is...
Christopher Waller, Adriana Kugler, Lisa Cook, Michelle Bowman, Michael Barr, Philip Jefferson
The first known work of economic thought was written by a poet in this country around 700 BC.
What is Greece?
This country has the highest GDP per capita, almost double that of the United States.
What is Luxembourg?
What is difference in differences?
This was the date(s) of the last FOMC meeting.
What is September 17-18?
The Nobel prize in economic sciences was awarded to these economists in 2024.
Who are Daron Acemoglu, James Robinson, and Simon Johnson?
In 1750 BCE Mesopotamia, a merchant sent the first known written complaint. He complained about a sub-standard shipment of this metal.
What is copper?
The Micronesian islands of Yap are home to a unique currency that takes this form. It's often used as an example of how the value of money can be assigned purely through shared belief in its value.
What are large stone disks?