Market Moves
When a company sells shares to the public for the first time, it’s called this.
What is an IPO?
This French professor is known for teaching the Intro to Micro course at Penn.
Who is Anne Duchene?
Spending three hours watching Netflix instead of finishing your assignment means the real cost of Netflix was the homework time you sacrificed, known as this.
What is opportunity cost?
This company owns brands like Instagram and WhatsApp, making much of its revenue from targeted advertising.
What is Meta?
This social media app is currently the most downloaded platform among Gen Z users for short videos.
What is TikTok?
Firms that buy, restructure, and later resell companies operate in this investment industry.
What is private equity?
Chairman of the Department of Economics
Who is Petra Todd?
When Starbucks raises prices but customers still buy coffee anyway, demand is said to be this.
What is inelastic?
This company pioneered online payments and owns Venmo.
What is PayPal?
This Avenger sacrifices herself on Vormir to obtain the Soul Stone.
Who is the Black Widow?
Investors reduce risk by spreading money across many investments, a strategy called this.
What is diversification?
This Penn Professor coordinates the Honors Thesis class.
Who is Jere Behrman?
When people switch to cheaper alternatives when the price of a specific good rises, economists call this the ___ effect.
What is the substitution effect?
This company owns popular brands like Tide, Pampers, and Gillette.
What is P&G?
This Puerto Rican artist headlined the 2026 Super Bowl halftime show.
Who is Bad Bunny?
In this type of acquisition, buyers use large amounts of borrowed money to purchase a company, often using the company’s own assets as collateral.
What is a leveraged buyout?
Economist famous for prisoner's dilemma work.
Who is John Nash?
When your roommate leaves the lights and AC on because everyone splits the electricity bill anyway, so they don’t bear the full cost of using more power. He has this economic concept/problem.
What is free rider problem?
This largest U.S. bank by assets shares its name with a famous financier often called the most powerful banker in American history.
What is JPMorgan Chase?
This HBO show featuring the Roy family centers on control of a global media empire.
What is Succession?
A startup valued at over $1 billion is often called this mythical creature.
What is a unicorn?
As Chair of the Federal Reserve, this policymaker plays a key role in controlling inflation through interest rate decisions.
Who is Jerome Powell?
When one loud person in a library ruins studying for everyone nearby, economists call this spillover a ___.
What is an externality?
This company operates the world’s largest payment network but does not issue credit cards itself.
What is Visa?
This canal connecting the Mediterranean and Red Sea is critical to global shipping routes.
What is the Suez Canal?