Economics Senior Celebration

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Across
  1. 3. A deviation between the observed data and the restrictions on variables imposed by set of first order conditions of a Pareto optimal competitive equilibrium
  2. 4. Who is the head of the Economics Program
  3. 5. In 1995 (the year many of you were born), this movie was released and was the first ever full length computer animated feature film
  4. 7. Ballot that stockholders use to vote shares
  5. 9. Which faculty member was an Economist with the Ministry of Trade and Industry of Singapore
  6. 11. Process of determining the present value of a payment or a stream of payments that is to be received in the future
  7. 17. Which faculty member won the 2017 The William H. and Frances S. Ryan Award for Meritorious Teaching?
  8. 19. Jeff Bezos’s new BFF
  9. 20. _______ multipliers are interpreted as the imputed value or shadow prices of inputs for production
  10. 21. Risk to the financial system
  11. 23. When a good/service becomes more valuable the more people use it
  12. 24. Which faculty member published a paper called “Local Economics Growth from Primary Election Spending”
  13. 26. Co-Author of “Adapting to Climate Change: Evidence from Long-Run Changes in the Temperature-Mortality Relationship in the 20th Century United States
  14. 27. Alternative to expected utility theory. Utilities are defined over losses and gains rather than over final wealth levels
Down
  1. 1. Number of CMU affiliated Nobel Laureates in Economics
  2. 2. Akerlof’s paper “The Market for Lemons” describes how asymmetry of information leads to ________ selection
  3. 6. Tendency to judge the frequency or likelihood of an event by the extent to which it resembles the typical case
  4. 8. The dominant root of a positive matrix is the largest eigenvalue (also known as the characteristic value) of a positive matrix
  5. 10. Econometric term for the correlation between independent variables and the error terms
  6. 12. Informal understanding that governs behavior in a society
  7. 13. Measurement of responsiveness of an economic variable to a change in another variable
  8. 14. Difference between prices that asset sellers demand and buyers require
  9. 15. In the Solow Growth Model, production growth rate declines as __________ accumulates
  10. 16. Served as chief economist and director of the SEC' s Office of Economic Analysis (2004 to 2007)
  11. 18. Type of function that is easy to compute but whose inverse is very difficult to compute
  12. 19. Honorary Advisor to the Institute for Monetary and Economic Studies of the Bank of Japan
  13. 22. Dean of the Tepper School of Business
  14. 25. A set of assumptions designed to simplify the world and make it more understandable in order to address a specific question