Economics

Economics is a study of allocations for scarce resources.

Reading notes that are strictly econometric should be filed under Statistics. Some cross-filing is unavoidable between economics, political science, and political philosophy.

Microeconomics

• Budget constraint

• Demand curve

• Hotelling's Law

• Indifference curve

• Product differentiation

• Production possibility frontier

Macroeconomics

• Balance of payments

• Cobb-Douglas production function

• Harrod-Domar model

• International development

• I/O model

• Leontief production function

• Random walk model of consumption

• Solow-Swan model

Political Economy

• CAGE distance framework

• International development

• Regulatory economics

Reading Notes

Note: reading notes for the above topics are listed on the respective pages, not here.

• Irrational Behavior and Economic Theory, Gary Becker, 1962

• Uncertainty and the Welfare Economics of Medical Care, Kenneth J. Arrow, 1963

• Time on the Cross: The Economics of American Negro Slavery, Robert Fogel and Stanley L. Engerman, 1974

• The effects of race, ethnicity, and age on obesity, Charles L. Baum, 2007

• Estimating the Marginal Propensity to Consume Using the Distributions of Income, Consumption and Wealth; Jonathan Fisher, David Johnson, Timothy Smeeding, and Jeffrey Thompson; 2019

• Disentangling Rent Index Differences: Data, Methods, and Scope; Brian Adams, Lara Loewenstein, Hugh Montag, and Randal Verbrugge; 2022

• Residential Mobility and Neighborhood Characteristics in Chicago, Robin Newberger, Mark O'Dell, Taz George, and Sharada Dharmasankar, 2024

• Local Labor Markets Should Be Redefined: New Definitions Based on Estimated Demand-Shock Spillovers, Timothy J. Bartik, 2024

• On the Mechanics of Fiscal Inflations; Marco Bassetto, Luca Benzoni, and Jason Hall; 2024

• Nudges, preferences and competences: a critique of both neoclassical and behavioral economics, Richard Epstein, 2025

• Uncertainty in Empirical Economics, Frank Schorfheide and Zhiheng You, 2025

• As US population growth slows, we need to reset expectations for economic data, Jed Kolko, 2025

• Los Angeles Shows That the Private Sector Can Develop Affordable Housing, Zachary Steinert-Threlkeld, 2025

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