Go UMass!
Econ 101
Music
Fed Up With This
Miscellaneous
100
The tallest academic library in the world can be found on UMass campus bearing this name
What is the W.E.B. Dubois Library
100
Where supply meets demand, resulting in price stability
What is equilibrium
100
This musician's Eras Tour has been credited with boosting the economies of cities she performed in.
Who is Taylor Swift
100
The Chair of the Federal Reserve
Who is Jerome Powell
100
The capital of Jamaica
Where is Kingston
200
The current Chancellor of UMass Amherst since July 2023.
Who is Chancellor Javier Reyes
200
The enjoyment from "one more" unit of a good
What is marginal utility
200
This Beatles member wrote "Here Comes the Sun"
Who is George Harrison
200
Three of the US cities with Reserve banks
Where are: Boston, New York, Philadelphia, Cleveland, Richmond, Atlanta, Chicago, St. Louis, Minneapolis, Kansas City, Dallas, and San Francisco (any three accepted)
200
This is the only rock that floats in water
What is pumice
300
Although today a wide variety of majors are offered at UMass Amherst, it started out as this type of school
What is an Agricultural school
(Massachusetts Agricultural College)
300
Factors outside the consumer and producer in a market can lead to these
What are externalities
300
Despite his status as a guitar legend, this song was Jimi Hendrix's only Top 40 hit
What is "All Along the Watchtower"
300
One of the main tools used in monetary policy, this term refers to the purchase and sale of securities by a central bank
What are open market operations
300
The number of teeth a tiger has
30
400
Name three economics professors at UMass
(Answers vary)
400
This index measures the size of companies relative to the size of the industry they are in and the amount of competitiveness.
What is the Herfindahl-Hirschman Index
(Abbreviation for half credit, full name for full credit)
400
This song had the first music video to ever air on MTV.
What is "Video Killed the Radio Star"
400
A so called "unconventional" monetary policy where a central bank purchases government bonds or other assets in order to stimulate economic activity - came into vogue after the 2008 recession
What is quantitative easing
400
The country outlined above
Where is Latvia
500
The number of gender-inclusive bathrooms in UMass non residential buildings (+/- 5%)
175-195 bathrooms
(185 on website)
500
The 4 principle conditions for which perfect competition is met.
What are: many buyers and sellers
homogeneous products
no barriers to entry and exit
perfect information about the price of a good
500
Freddie Mercury was born in which (now dissolved) state?
Where is Zanzibar
500
Set by the Federal Open Market Committee (FOMC) this is the rate at which commercial banks borrow and lend their excess reserves to each other overnight.
What is the Federal Funds Rate
500
She was the first woman in space
Valentina Tereshkova