Econometrics Resource Center Looking for information on econometrics? Look no further! We have all the information you need on econometrics right here. When Stock Prices Go Down, Where Does the Money Go? Article answers the question: This has always baffled me: When stocks take a beating, where does the lost money go? Example: Say I bought shares of AOL at $80, but the shares are now worth $15. In who's pocket did my loss of the $65 go? A Season Later: Baseball Players and Opportunity Costs A Season Later: Baseball Players and Opportunity Costs is the sequel to "Baseball Players and Opportunity Costs". The article looks back at the decisions the Blue Jays made before the 2003 season and to see if their understanding of microeconomic concepts paid off. Why Not Just Print More Money? Article answers the question: "Can you help me find a "simple" way to explain why it is not a good idea to just print more money." Increasing, Decreasing, and Constant Returns to Scale Article answers the question "If I have a production function that has both labor and capital as factors, how can I tell if it is increasing returns to scale, constant returns to scale, or decreasing returns to scale?" How to Understand and Calculate Cost Measures This article explains how to calculate marginal cost, total cost, fixed cost, total variable cost, average total cost, average fixed cost, and average variable cost using simple examples. Income Elasticity of Demand Article gives a common-sense and easy to understand explanation of what income elasticity of demand is and how to calculate the income elasticity of demand. Price Elasticity of Supply Article gives a common-sense and easy to understand explanation of what price elasticity of supply is and how to calculate the price elasticity of supply. Its Time for Fair Voting in Canada A look at Fair Vote Canada, a group dedicated to bringing proportional representation to the Canadian Parliament. Stop Piracy with Edification The global population is showing substantial disregard for intellectual property. As children, they practice the production of illegal music copies for friends and family and engage in plagiarism. An examination of intellectual property education in school. Why Are Tariffs Preferable to Quotas? In this article we look at why tariffs are often preferred to import quotas. There's a few reasons why tariffs are more desirable than quotas. Who Will Win the 2003 Nobel Prize in Economics? A look at the major candidates for the 2003 Nobel Prize in Economics. We profile all the major contenders. Price Elasticity of Demand Article gives a common-sense and easy to understand explanation of what price elasticity of demand is and how to calculate the price elasticity of demand Cross-Price Elasticity of Demand Article gives a common-sense and easy to understand explanation of what the cross-price elasticity of demand is and how to calculate the cross-price elasticity of demand A Beginner's Guide to Elasticity Article gives a common-sense and easy to understand explanation of what elasticity is and how to calculate the elasticities Arc Elasticity Article gives a common-sense and easy to understand explanation of what arc elasticity is and how to calculate arc elasticity Recession? Depression? What's the difference? How can I tell the difference between a recession and a depression? The answer at http://economics.about.com/library/weekly/aa112002a.htm Where Can I Get Economics Department Rankings? "Where Can I Get Economics Department Rankings" looks at different lists which ranks graduate schools in economics. http://economics.about.com/cs/studentresources/a/grad_rankings.htm What are Bank Runs? What are Bank Runs? Short Run vs. Long Run Article answers the question: I am undergoing an economics lecture at the undergraduate level and cannot understand the difference between "long run" and "short run". How long is the long run and how long is the short run? Cost-Push Inflation vs. Demand-Pull Inflation We Answer The Question: What do the terms "Cost-Push Inflation" and "Demand-Pull Inflation" mean? What's the difference between the two. Economics Graduate School Atmosphere Consider when choosing an economics department how important relationships with professors and fellow graduate students can be. That is, don't just look at the straight academics when choosing a school. Find out (if possible) about the environment. Exchange Rates I want to be able to read exchange rate charts. I read A Beginner's Guide to Exchange Rates and the Foreign Exchange Market and I understand the lemons and oranges, but I am missing the base. If I look at a chart produced by someone in the United States and the index number next to US$ is 1.69 and the index value of the Euro is 1.89, am I saying that 1.89 Euros has the same value as 1.69 US$? Choosing a Graduate School in Economics I am an MSc student in economics and I want to pursue a Ph.D. in economics in the United States. I want to follow a career in macroeconomics and econometrics. Can you recommend good pre-Ph.D. books and a good graduate college? How do I pick a graduate school in economics? Banking in India Article examines the Indian banking system and where the Indian banking sector is headed in the future. |