Questions about self-studying economics, including curriculum design, study strategies, resources, etc.
Questions tagged [self-study]
260 questions
2
votes
3 answers
Does learning economics lead to richness?
I have started to learn economics from Adam Smith's "Wealth of nations" because I think that learning economics (or narrow fields of it) will allow me to become rich.
Does knowing economics allow me to make money?
Alex Velickiy
- 131
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2
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1 answer
subvalue additivity
How would you show that whenever additively represents an agent’s preferences, then so does any function ′ that differs from only by the choice of zero and unit.
If we assume that additively represents an agent’s preferences, so that for some…
jayil
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2
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1 answer
How can I learn about economics?
I'm a civil engineering student and I'm interested in economics and I would like to learn everything about it. I would like to learn everything from banks to the stock markets and everything there is to learn about. I always read articles about…
Mr. Pi
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1
vote
1 answer
Marginal productivity of aggregate labor relation to wage
I know that $f'(l)=w$. But if i have that the aggregate production is $Y=AL^{1-α}$ with $L=N*l$ (The number of workers, $N$, multiplied by the labor force). So basically I want to find an expression for $w$ (the wage.).
Full problem:
Consider a…
neto333
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vote
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How the long lives of oil platforms can account for the volatility in oil prices?
I have a question that asks me to explain how the fact that oil rigs/platforms last for a very long time increases the volatility in oil prices.
To me this does not make sense (I just can't understand how having a long lasting asset, effectively…
James Williams
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Austrian School Regret Theory
I am having a time thinking about how Ruthbard and Mises speak about trade agreements and the concept that every economic transaction is just because it is voluntary and subjectively benefits both parties, at least ex ante of the agreement.
But I…
Erweitet
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2 answers
Math needed for economic research
I'm currently studying economics and am interested in getting into economic research. I'm aware of how math based economics research is. I have done some 1st math courses (probability, linear algebra, univariate calculus and discrete math), a 2nd…
Oscar
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Why does a firm in a perfectly competitive market not need to cover fixed costs in the short run?
While studying, I came across the solution that in some cases only the produces surplus, PS, needs to be positive, however not the profit, $\pi$. That means that if $PS \geq 0; p \geq AVC$, whereas, e.g. in long-run, $\pi \geq 0; p \geq AC$ to…
thebilly
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