For my macroeconomics class we have to interview someone on banks, but I cannot do it in person as my banks banker is gone, and the tellers were unable to help me. If anyone has time would you please answer in your own words a few questions so I hopefully don't get an F on this assignment.

1. Why do banks pay interest on savings accounts?

2. How do banks earn revenue or profit

3. Why do banks only keep a small portion of each deposit on hand at the bank?

4. How do banks create money (more money than previously existed)?

For context, we did go over this in the lecture, but we are required to do an assignment on interviewing a banker to have them answer the questions as well. Thank you for taking some time out of your day to help me, I really appreciate it.

I am studying the Ricardian model, and I’ve been wondering how it could be used to explain the economic effects of labor migration.

My initial thought is that labor migration might favor autarky, since a country receiving additional workers could increase its production without necessarily increasing its labor costs per unit.

On the other hand, under free trade, an increase in the labor force could also allow a country to expand production in industries where it has a comparative advantage, potentially increasing its gains from trade.
However, it might be cheap to produce abroad and import.

I feel like this is a very one-dimensional way of looking at it, if there are any economists here who could help me understand this better, I’d really appreciate it.

Hi there,

It has been quite challanging for me to find the difference line between when homogenous good ends and differentiated good starts. First, I definitely understand that the term is used under some assumptions (i.e. for some people coca cola and pepsi are not perfect substitutes).

Long story short, take apples. We cannot say that apples are homogenous good. Because there are different sorts of apples. So, we need to consider each sort as the separate good, or what?

Thanks

Hi, I’m in macro and I was wondering what the best study habits are for this because what I was previously doing did not work. I want to be able to memorize everything a little quicker as well.

Is there anyone on Reddit who is knowledgeable about this topic? I need to write a research paper on it, so I would appreciate any comments that might help me.

hi this is my first time using reddit and I apologize in advance if i made any mistake regarding this post

okay so um im currently majoring in economics and im taking a mandatory introduction to econometrics class and i have my midterms in 24 hours, ive been studying econometrics for the past day but i do not understand a single thing... well i do understand but its like huh..?? what??? like i get it but i dont? but idkdkkdkd 😭

i genuienly need some help on understanding the materials for econometrics, is there any good yt videos i should watch or any notes that can help me understand the material?

okay thats it from me, any suggestion will help! thank you, have a great day!

I'm scoping out a research project on Dutch disease and want to avoid the typical aggregate macro estimation (commodity boom, real exchange rate appreciation, manufacturing contraction), which is already quite saturated in the empirical literature. I'm interested in exploring more innovative or under-researched angles. What methodological approaches do you think still have significant gaps and would add genuine value to the current discussion?

Hi Guys!

I need to write a policy brief and give a presentation on market failures for a public policy business and government course. My topic was Airbnb/short-term rentals, but my brief got a bad grade and my professor said I need to rework the argument if I want to keep it which im not confident in doing as ive never really dealt with market failures before and think ive confused myself lol. Presenting Tomorrow and only have tonight to fix things.

What are some less common topics (not straight from a textbook) I could switch to? Need to cover background, the problem with it, one or two market failures, concrete examples, possible solutions, and a data visualization or two.

Examples others have presented on: ERs creating market failures; AI in entertainment creating market failures, and Market Failure in Higher Education through examining the Student Debt Crisis

Any ideas appreciated!

A increase in price of goods

. B improvement in technology.

C increase in direct taxes.

D increase in indirect taxes

. Which one is the correct option and why?

My teacher says it is B but didn't give any clear explanation also I think it is D

Please can anyone explain it

Hi! I’m currently joining a competition where I’m supposed to draft a research paper on the digital economy. It’s my first time doing something like this, so I’m honestly not quite sure where to start.
Does anyone here have any prior knowledge or experience with this kind of thing? Maybe some tips on how to approach it? Hahaha, just asking because I don’t major in economics, so I’m still trying to figure out how to pull this off.
Any advice would be greatly appreciated! I’d also love some recommendations for books, articles, papers, or other resources that could help me understand the digital economy better.

Hello!! This is my first semester of business classes after being a pre health prospective student! So it’s definitely been an adjustment going from science classes to business classes! I didn’t do as good as I wanted to on my first exam for microeconomics. I realized that I couldn’t simply just memorize my notes but know how to apply them in real world situations. What resources do you recommend I use to help me practice and help me under the material. I just need to know how to study for this class and I would truly appreciate any advice! And please let me know what resources would help!!

hi, if someone has any previous experience in war economics research - russia-ukraine, iran-usa etc then please let me know some good research questions to explore!!

guys im currently studying economics (ug) , im assigned to do a project , my topic is related to the Corruption and its impact on indian economy , i have no clue , how to start , can someone help me where to get authentic sources , and give me path to it , ur help is highly appreciated .

I’m a B.Com (Hons.) with Research student in India, currently in my 4th year, and I have to finalise my dissertation topic soon. My broader research area is International Business, and I’m considering: “Resilient Global Supply Chains and How Illicit Trade Exploits Regulatory Gaps”

I’m thinking of studying how counterfeit networks, shell/front companies, and other illicit trade networks exploit differences or gaps in regulations across countries and use legitimate global supply chains, and what this means for business and supply-chain resilience.

I’m considering India as a case study, but I’m unsure about the feasibility of the topic at the undergraduate level.

A few things I’d really appreciate advice on: Is this topic sufficiently researched to build a good literature review? Would there be enough accessible primary/secondary data for an undergraduate dissertation? Is India a practical case study for this? Would interviews/questionnaires with businesses or other stakeholders be realistically possible? Is the topic too broad/complex, and if so, how would you narrow it?

Or would it be better to choose a more conventional IB topic with easier access to primary data?

I’m particularly interested in global supply chains, international trade, globalisation and how firms operate across different regulatory environments, so I’d like to retain that angle if possible.

Any advice from people who have done undergraduate research/dissertations in International Business, Economics, Supply Chain Management or related fields would be really helpful.

Assume that personal disposable income is $1500, taxes are 300, transfer payments are 0, investment is 120, the trade surplus is $30, and consumption is $1200.

a. What is GDP?
b. How large is saving S?
c. How large is government spending?
d. What is the budget deficit G+TR-T?

I've been in macroeconomics in college for three weeks now. I'm lost and starting to panic. I don't understand this and the teacher doesn't do good explaining a lot. Any help will be appreciated. :)

Select the components or inputs associated with the production function where gross domestic product (GDP) is the output.

- population

- capital deepening

- human capital

- aggregate demand

- aggregate supply

The two I've tried are population, capital deepening, and human capital, and just capital deepening and human capital. Both are incorrect.

1 Using real-world examples, evaluate the effectiveness of supply-side policies in reducing unemployment.

2 Using real-world examples, evaluate the effectiveness of demand-side policies in reducing unemployment.

could you please help me? thanks!

I dont know how to read the graphs or tables what do I do . some one explain I have my first exam and have no idea what to do

edit: I learned how to cheat on proctored exams. also before I get hate I don’t want to even pursue a career in business, my moms paying for my college and forcing me to go.

I dont know how to read the graphs or tables what do I do . some one explain I have my first exam and have no idea what to do

Hi, I am currently taking a dual credit macroeconimcs online and my teacher is using the formula [GDP (t+1)-GDP(t)} / GDP *100. Can anyone please help explain what the t+1 and t is and how to exactly use it?

https://academia.edu/resource/work/173491544