This class was created by Brainscape user Olly Harvey-Rich. Visit their profile to learn more about the creator.

Decks in this class (35)

Micro 1: General Equilibrium
What is general equilibrium as op...,
What is an edgeworth box what doe...,
What does it mean to say that dem...
22  cards
Micro 2: Welfare Economics
What formally does it mean for an...,
What is pareto efficiency how doe...,
Is pareto efficiency a good socia...
14  cards
Micro 3: Applied Welfare
What are compensating variation a...,
What is equivalent variation,
What is the slutsky equation
17  cards
Micro 4: Game Theory
What is a game what do they all c...,
Precisely define the concept of a...,
Do all finite games have nash equ...
13  cards
Micro 5: IO
What is bertrand competition,
Why in bertrand competition do fi...,
What is cournot competition
11  cards
Micro 6: Risk
What is a lottery,
What is state contingent income s...,
What is the marschack machina tri...
21  cards
Micro 7: Information
What is the difference between ad...,
Do all markets with asymmetric in...,
Why can all individuals not be fu...
13  cards
QE 1: Probability Theory
What are kolmogorov s axioms of p...,
What is independence define three...,
What does it mean to say that the...
10  cards
QE 2-4: Regression analysis
What is the difference between ca...,
What is the sample ols problem,
What is the population regression...
21  cards
QE 5: Endogeneity
What is the omitted variable bias...,
Why does measurement error in the...,
Why does classical measurement er...
15  cards
QE 6: IVs
What are the three requirements o...,
Does the relationship between z a...,
What is two stage least squares
8  cards
QE 7-8: Time series
Is time series analysis usually c...,
What is strong stationarity,
What is weak stationarity
32  cards
Public 1: CBA
Suppose the first and second welf...,
What is the net present value of ...,
Why are discount rates applied to...
12  cards
Public 2: Commodity Taxes
What is tax incidence,
Why does the more inelastic facto...,
What is marshallian demand what i...
19  cards
Public 3: Income Taxes
What is a progressive income tax,
What is the effective marginal ta...,
What is the participation tax rate
18  cards
Public 4: Second Best
What is a first best world,
Why is it not generally optimal f...,
Explain why subsidising substitut...
13  cards
Public 5: Pensions
What is a funded pension scheme w...,
What is a defined benefit pension...,
Give an example of a payg db pens...
19  cards
Public 6: Health
What is adverse selection,
Why do consumers end up fully ins...,
Are there any stable pooling equi...
20  cards
Public 7: Education
What is the setup of spence s 197...,
Can any separating equilibria exi...,
Can any pooling equilibria exist ...
20  cards
Public 8: Welfare Reform
What is the difference between so...,
Why does the state provide social...,
Are there efficiency reasons as w...
12  cards
Environmental 1: Foundations
What is ipat,
Why might we expect to see an env...,
Does there appear to be an enviro...
9  cards
Environmental 2: Valuations
What types of use and non use val...,
What is the difference between re...,
Why will wta normally exceed wtp ...
13  cards
Environmental 3: CBA
How can we use an swf in cba,
How can cba be used to find a low...,
What is the ramsey discounting fo...
12  cards
Environmental 4: Resource Use
What is the hotelling rule,
Suppose a resource is publicly ow...,
Suppose there is a cost to extrac...
12  cards
Environmental 5: IAMs
Why do stern and nordhaus disagre...,
What is fat tailed risk what conc...,
Why think that climate change mig...
7  cards
Environmental 6: Policy in practice
Is it a good idea to subsidise de...,
Are transaction costs a reason to...,
What is a rebound effect
22  cards
Environmental 7: IEAs
What is a prisoners dilemma how d...,
What is a chicken game what is th...,
What is an assurance game
20  cards
Environmental 8: Trade
What is the pollution haven hypot...,
What is the porter hypothesis,
State the heckscher ohlin theorem...
23  cards
Econometrics 1: Asymptotic Theory
What is convergence in probability,
Why does convergence in mean squa...,
State chebyshev s law of large nu...
11  cards
Econometrics 2: OLS
Under what assumptions are the ol...,
Under what assumptions are the ol...,
If we assume normal errors in add...
8  cards
Econometrics 3: Heteroscedasticity
Does heteroscedasticity affect th...,
What is the conditional variance ...,
Is ols blue under heteroscedastic...
6  cards
Econometrics 4: ML, Logit and Probit
What is a parametric model how do...,
What does it mean for a parametri...,
Can we use ols to estimate models...
13  cards
Econometrics 5: Time Series
Are economic time series usually iid,
What is a random walk,
State the lln for weakly stationa...
10  cards
Econometrics 6: AR(1) and ARMA
What is an autoregressive model,
Suppose an ar 1 process has 1 doe...,
What is a lag polynomial
12  cards
Econometrics 7: ARDL and nonstationarity
What is an ardl model,
Can we estimate a model such as y...,
Under what conditions is an ardl ...
20  cards

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Finals econ

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