/r/microeconomics
A place to really, really discuss truly serious economics from any school of thought.
/r/microeconomics
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Does anyone have the PDF for Microeconomics (9th Edition) by Glenn Hubbard and Anthony Patrick O'Brien?
The US stock market is now worth $63.8 trillion, approaching an all-time high. The US stock market has doubled in value in just 4.5 years. This year, the market has added over $10 trillion in value. Stocks are swinging as if the market canāt choose a direction.
Hedge funds increased their assets in the US markets. Short positions in exchange-traded funds last month recorded the largest amount since February 2021.
The S&P 500's price-to-book ratio has reached around 5.3x and has officially surpassed the peak levels of the dot-com bubble in 2000.
The 10-year yield is nearing 4.70% as mortgage rates rise to 8%+. Since the Fedās āturnaroundā began just 111 days ago, interest rates have risen by more than 110 basis points.
Buying a home in 2021 with a 30-year mortgage means you spent a total of $473,000 in principal and interest. Given the reversion rates, youāre now spending a total of $873,000. Thatās an increase of $300,000, or 63%, over a time gap of about 4 years.
Existing home sales in the United States closed at 4.15 million in 2024, marking the worst year since 1995. Sales are expected to be even lower than those recorded during the financial crisis in 2008.
Bank reserves fell by $326 billion in the week ending January 1, to $2.9 trillion, the lowest level since October 2020. This represents the largest weekly decline since April 2022. Since their peak in September 2021, reserves have fallen by $1.3 trillion.
Serious credit card delinquency rates in the United States for borrowers with low credit ratings rose to 22% in the third quarter of 2024, the highest level in more than 12 years. They represent about 23% of the consumer credit market, according to the Federal Reserve.
Consumer credit card debt has fallen to its lowest level since Covid; these prints are typically negative before or during deep recessions.
Gold prices (+28% in 2024) are rising as if a recession is coming. Global central banks netted 53 tonnes of gold in November, the highest level in 14 months. This marks the 18th consecutive monthly purchase by central banks. Central bank purchases amount to 794 tonnes in the first 11 months of 2024, the third largest purchases this century.
The US dollar is rising as the possibility of a Fed rate hike or hold returns. The US dollar index is up 7.1% in 2024 and outperforms all major currencies as inflation concerns fuel the rally. The index is up about 9% since September and is trading at a two-year high. The US dollar is the most overvalued in history, or about 23%, according to Bank of America.
The number of major bankruptcies in the United States reached 686 by 2024 as of December 23, the most in 14 years, a year after the financial crisis. By comparison, in 2023 and 2010, there were 636 and 828, respectively. Bankruptcies rise as recessions hit.
U.S. employment as a percentage of employment fell to 3.3%, the lowest level since the 2020 crisis. The employment rate is below the pre-pandemic average of 3.8% for 2015-2019 and below 2001 recession levels.
Warren Buffettās cash in Berkshire Hathaway hit a new record of $325.2 billion. Cash as a share of total assets reached 28%, surpassing the 2005 levels seen before the Great Financial Crisis.
Hi! My professor for microeconomics is not the best and the course materials are lacking, to say the least. I would really appreciate some help with this assignment :D
Task:
indicate the curve number: One point is awarded for each correct answer. (1+1+1+1+ 1+1+1+1 point). demand curve ;
revenue ;
cost ;
marginal cost ;
marginal revenue ;
average total cost :
average variable cost ;
average revenue .
determine the profit-maximizing quantity of the product in Picture 2 (4 points);
draw a line in Picture 2 showing the firm's maximum profit in the long run (4 points).
Ok, got this college class and I procrastinated for a while and I have an exam on it in a month and a half and so am cramming right now. I have undiagnosed adhd and only recently learnt how to cope despite it. The issue is, this one econ class is way harder than I expected and the online notes are impossible to understand because my professor doesn't know how to express things.
Now, can anyone on here who is really good at this stuff just spare me some of their time by adding me on discord and just being like my personal tutor? I'm too broke to actually pay a real one but I just want to get through this class. Even AI isn't helping and I'm still left confused.
My discord is: karma.kts
Consider a prize set Z={z1,z2,z3} and a preference relation āæ defined over the the set of lotteries X on Z . Suppose for any two lotteries, p,qāX , pāæq if and only if (p1>q1) or (p1=q1 and p2ā„q2) .
Select one: a. The preference order is continuous b. The preference order is not continuous c. The preference order is continuous only if z1ā»z3
d. Insufficient information
I am an English Literature Hons grad. Would like to understand the fundamentals of Microeconomics. Please suggest relevant books. Thank you!
I am in ap microeconomics and have the ability to essentially cheat on every test, what is the best paid, or unpaid ai question answerer to best my chances of getting every questions right. please dont comment something like "oh jonny cant you just take it seriously and study?" no i will not be doing that.
I want to create Microeconomics notes in Latex like I do for maths but it's not as good, I use Chatgpt to create these notes. I give chatgpt screenshots or book chapter pdf and I tell it to create notes but I don't know they never come out well, what to do ?
Hey all! I made a simplistic YouTube channel where I break down AP Econ topics in short, entertaining videos that are easy to follow along. I took both Macro and Micro in highschool scoring 5s on both the exams and I am currently majoring in economics at UC Berkley.
Here's a link to the channel: https://www.youtube.com/@easyecon2/videos
Reply/Comment with any topics that you want me to cover. Any Macro or Micro topic is fine.
Hi I am having trouble with my economics subject I was wondering if anyone had a spreadsheet which would help me solve the equations/visualise the graphs?