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

• Are Emily and Greg More Employable than Lakisha and Jamal? A Field Experiment on Labor Market Discrimination, Marianne Bertrand and Sendhil Mullainathan, 2004

• The Feasibility and Importance of Adding Measures of Actual Experience to Cross-Sectional Data Collection, Francine D. Blau and Lawrence M. Kahn, 2013

• Who is exposed to gas prices? How gasoline prices affect automobile manufacturers and dealerships; Meghan R. Busse, Christopher R. Knittel, Jorge Silva-Risso, and Florian Zettelmeyer; 2016

• 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

• COVID-19 and Minimizing Micro-Spatial Interactions, Susan Burtner and Alan T. Murray, 2022

• Community Networks of Commodity Markets: Long Memory Models and the Impact of Different Crises; Avishek Bhandari, Ata Assaf, Steven Raj Padakandla, and Husni Charif; 2023

• 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

• Investment-Goods Market Power and Capital Accumulation; Fabio Bertolotti, Andrea Lanteri, and Alessandro T. Villa; 2024

• Searching for “inflation canaries” in household surveys; Scott A. Brave, Benjamin Henken, Bart Hobijn, Ezra Karger, Anna Paulson, and James Royal; 2024

• Racial Wealth Gains and Gaps: Nine Facts About the Disparities; Kristen Broady, Anthony Barr, Darlene Booth-Bell, and Lucas Cain; 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

• Eliciting the Marginal Propensity to Consume in Surveys; Thomas F. Crossley, Paul Fisher, Peter Levell, and Hamish Low; 2026

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