Economics Senior Celebration

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Across
  1. 5. One of the six principles of persuasion, that invokes returning a favor that is owed
  2. 8. Process of determining the present value of a payment or a stream of payments that is to be received in the future
  3. 11. The art of persuasion
  4. 12. Dean of the Tepper School of Business
  5. 13. A noun formed from another grammatical form that deadens prose; grossly overused in academic writing
  6. 15. This faculty member won the 2017 The William H. and Frances S. Ryan Award for Meritorious Teaching?
  7. 17. Risk to the financial system
  8. 19. A set of assumptions designed to simplify the world and make it more understandable in order to address a specific question
  9. 22. Measurement of responsiveness of an economic variable to a change in another variable
  10. 23. _______ multipliers are interpreted as the imputed value or shadow prices of inputs for production
  11. 24. Econometric term for the correlation between independent variables and the error terms
  12. 25. Number of CMU affiliated Nobel Laureates in Economics
Down
  1. 1. A function that can easily be computed but whose inverse is very difficult to compute.
  2. 2. Difference between prices that asset sellers demand and buyers require
  3. 3. A multi-dimensional line
  4. 4. situation in which no one benefits by changing his/her behavior
  5. 6. Informal understanding that governs behavior in a society
  6. 7. In the Solow Growth Model, production growth rate declines as __________ accumulates
  7. 9. Ballot that stockholders use to vote shares
  8. 10. Conditional perfect foresight
  9. 14. Akerlof’s paper “The Market for Lemons” describes how asymmetry of information leads to ________ selection
  10. 16. industry structure in which only one seller provides a good or service that has no close substitutes
  11. 18. A deviation between the observed data and the restrictions on variables imposed by set of first order conditions of a Pareto optimal competitive equilibrium
  12. 20. Co-Author of “Adapting to Climate Change: Evidence from Long-Run Changes in the Temperature-Mortality Relationship in the 20th Century United States”
  13. 21. When a good/service becomes more valuable the more people use it