• Markets Recap – Nov 2023

    Hi Econ Students! Andy (2025) here. We’ve decided to start this blog page back up after a few years of inactivity. This series is meant to keep students updated about current events & developments in the economics/finance world. Since this is our first post in a while (and the first…

  • COVID Economics #5: Reopening the economy

    With states slowly beginning to reopen, it is interesting to consider how governments decide this process (relating a bit to last time’s Question #2). In the end, it does come down to numbers. Economists estimate that the cost of one (statistical) human life is $10 million, calculated by seeing how…

  • COVID Economics #4: Medical Supplies

    For this week’s update, we’re going to take a look at the market for medical supplies. Right now, prices are going haywire – costs have increased by over 1000%. When demand shifts way right, price goes way up. Furthermore, companies and hospitals are so desperate for masks that they are…

  • COVID Economics #3: Unemployment

    Today, we’re going to take a look at unemployment. More than 16 million unemployment claims have been filed in the last 3 weeks, and the number of unemployed people is most likely much higher. Here is a graphic to give you a sense of scale:

  • COVID Economics #2: Bonds

    Last time, we caught you guys up on some of the actions the Federal Reserve has been taking to stimulate the economy during the COVID-19 outbreak.