Gen Econ
What economic term describes a situation where "there’s no such thing as a free lunch"?
What is Oppurtunity Cost
Which TV show features a high school teacher selling a product with high inelastic demand?
What is Breaking Bad
Who is the current undergraduate chair for the economics department?
Who is Dr. Janine Wilson
When witches work together on a potion and split the tasks, they can make more potions faster. This spooky concept is a core idea of this economic principle.
What is Specialization
This economist is known as the father of modern economics and authored The Wealth of Nations.
What is Adam Smith
If the government gives people money to encourage the use of electric cars, what is this called?
What is a subsidy
In Stranger Things, Eleven’s love for Eggo waffles caused a surge in demand, showcasing this marketing strategy where products appear in media.
What is Product Placement
Which UC Davis professor has authored multiple books about econometrics?
Who is Professor Colin Cameron
A vampire coven overfeeds on the local population, leaving too few people for future meals. This dilemma, where individuals overconsume shared resources, is an example of what economic concept?
What is tragedy of the commons
This group of five emerging economies includes Brazil, Russia, India, China, and South Africa.
What is BRICS
The Prisoner’s Dilemma is a key example in this area of economics, where individuals' decisions affect the outcomes of others.
What is Game Theory?
Major sporting events like the Super Bowl are known to increase local spending, especially in hospitality, which is an example of this economic effect.
What is the multiplier effect
Which professor from the economics department has served on the White house council of economics advisors?
Who is Professor Katheryn Russ
When goblins start hoarding candy, the rest of the trick-or-treaters rush to grab as much as they can before it’s all gone. This creepy behavior is known as.
What is Panic Buying
NAFTA, now known as USMCA, is an example of this type of agreement that reduces trade barriers between countries.
What is a free trade agreement
If you just graduated with a degree in fax machine repair and there are no fax machine jobs, you might be this kind of unemployed.
What is Structural Unemployment
In The Wolf of Wall Street, Jordan Belfort engages in illegal practices like stock manipulation, which is closely related to this white-collar crime.
What is securities fraud
Which professor has submitted over five pear reviewed papers ranging from categories such as econometrics to behavioral economics?
Who is Professor Chakraborty
Dr. Frankenstein needs a rare ingredient to create his next monster, but it’s very expensive. He might pay the price now or wait for it to drop, in hopes of avoiding this spooky effect.
What is Price Gouging
This economic theory dominant in the 16th to 18th centuries emphasized the importance of accumulating wealth through trade surplus and government intervention.
What is mercantilism
This curve represents the inverse relationship between inflation and unemployment in the short run.
What is a Phillips curve
In Iron Man, Tony Stark leverages his fortune to create innovative technology, exemplifying how this type of spending can drive industry advancement.
What is Investment in Research and Development (R&D)?
Which professor’s latest research explores the relationship between political ideology, economic burdens, and support for California’s Proposition 6
Professor Muehlegger
A skeleton banker finds that the more bones he saves now, the more bones he’ll have for future spooky spending. He’s taking advantage of this fundamental economic process.
What is Saving and Compound Interest?
This 1944 conference established a new international monetary system, including the creation of the International Monetary Fund and the World Bank.
What is the Bretton Woods Conference?