Written by Jason Ouyang 2021 was a crazy year, in general, especially in the macroeconomic sense. We saw Delta and Omicron variants and vaccines, the January 6th had an attack on the US Capital, a coup in Myanmar, the evacuation of Afghanistan, the Tokyo Olympics, and Texas froze over well before Michigan did. Through all…
Month: March 2022
Reaching for Gold But Falling Short: A Look Into Beijing 2022 Olympic Games
Written by Ashley Slud 2022 has been an unusual year, just as the past two years have been in the ongoing pandemic. This abnormality has continued into the 2022 Beijing Olympic Games, which began on February 4, 2022 and will continue until February 20, 2022 with 2,871 athletes participating. The games host 15 sports including…
The 2022 Beijing Winter Olympics: Economic Boost or Bust?
Written by Jinwook Lee As the 2022 Winter Olympics kicked off in Beijing on February 4th, a mere 6 months after the end of the 2020 Summer Olympics in Tokyo, thousands of athletes from all over the globe anxiously awaited their chance to prove their prowess to the world. However, Covid-19 looms over the prospects…
Acquisition of Activision Blizzard: What You Need to Know
Written By Jared Bonebright Activision Blizzard has been a giant in gaming for decades, and each of its studios is dominant in its specific genre of gaming. Activision is best known for the Call of Duty franchise, and with nearly annual releases, it is consistently one of the most played games on consoles every year.…
Forecasting the forecast: How the CBO deters congress from investing in the future
Written by Ethan Messeri The first thing that many people think about when an idea gets proposed as a bill is “How much will it cost?”. Truth be told, no one really knows the answer to this question. Economic fortune telling is incredibly hard, and a change in policy can ripple out so far that…
The Early Economic Impact of COVID-19 on Global Tourism
Written by Manasvi Parikh The economic sector hit the hardest by the COVID pandemic has been the tourism industry (UNWTO). In 2019, tourism, along with being “the third-largest export category (after fuels and chemicals)… accounted for 7% of global trade” (UNWTO). Ten percent of jobs around the world rely on tourism and within a year,…
Reinforcement Learning: Economics in Artificial Intelligence
Written by Radi Akbar When the word ‘economics’ is uttered, most would think of the Federal Reserve, financial markets, and a discussion about a potential recession. Artificial intelligence, however, rarely comes to mind. Though economics has many definitions, British economist Lionel Robbins defines economics as “the science which studies human behavior as a relationship between…
Is The Electric Vehicle Market in The US Overinflated?
Written by Nicolas Pariseau An EV market overview and its “leader”, Tesla The electric vehicle (EV) market in the US has been all over the place over the past few years. Companies coming out with crazy statements promising the purchase of 200,000 plus vehicles is nothing special nowadays. The value of Tesla could be debated…