Question

In this subfield, the notoriously slow Krusell–Smith algorithm that allows for aggregate uncertainty can be sped up using the endogenous gridpoints method. Computation in this subfield is facilitated by the program Dynare, (-5[1])which can be used to implement an overlapping generations framework. The workhorse DSGE (10[1]-5[1])models used in this subfield are often criticized (10[1])for (10[1])reliance on “representative agents.” In this subfield, (-5[1])a lack of deep parameters until the 1970s spurred the Lucas critique, (10[3]-5[1])which was a key contribution (-5[1])of the “freshwater school.” (-5[2])A pioneering (10[1])model in this subfield (10[1])developed by John Hicks plots a downward-sloping IS curve (10[1]-5[2])against (-5[1])an upwards-sloping LM curve. For 10 points, name this broad subfield (-5[2])of economics (10[2])in which Keynesians (10[1])(“CANE-zee-ins”) might advocate (10[2])countercyclical government (10[1])spending. (10[3])■END■ (10[17]0[6])

ANSWER: macroeconomics [accept macroeconometrics; accept fiscal policy or monetary policy or macroeconomic policy; prompt on economics or freshwater economics by asking “what subfield of economics?”; prompt on econometrics or optimization or dynamic programming by asking “used in what other subfield?”; reject “monetary economics”]
<Social Science>
= Average correct buzz position

Buzzes

PlayerTeamOpponentBuzz PositionValue
Jerry VinokurovJohn JayNYU A31-5
Joseph Chambers (DII)Virginia A (UG)Liberty B (DII)4410
Parth JagtapEdinburghCambridge C44-5
Jaik HavlickArizona StateMinnesota C5210
Caleb Kendrick (Grad)Maryland A (Grad)Liberty C (DII)5310
Sam MooreDurham ASheffield60-5
Natan HoltzmanStanford BBerkeley C7210
Tim MorrisonStanford AStanford C7210
Geoffrey Wu (UG)Columbia ANYU B7210
Amogh KulkarniGeodesicGeorgia Tech B72-5
Yared TadesseCornell ABinghamton77-5
Sarod NoriCornell BCornell C81-5
Luke Schaarschuch (UG)Virginia C (UG)JMU A (UG)81-5
Enoch YuenImperial ABristol8310
Blake EnwillerVanderbilt BGeorgia Tech A8710
Nathaniel HullBerkeley ABerkeley B96-5
Nicholas TunksMinnesota BIowa State96-5
Sam FooCambridge AOxford C9610
Roxanne Tang (UG)Ohio State AOhio State B97-5
Jonathan Shauf (UG)UNC B (UG)JMU B (UG)108-5
Jason Qin (DII)Columbia CHaverford108-5
Jacob RobertsonOxford AKCL11010
Alexander ClarkeDartmouth ABrandeis B11010
Towery McNeilBoston UniversityBrandeis A11310
Sam Macchi (DII)VassarRowan11510
Ian DewanKielCambridge B11510
Elliot CosnettOxford BImperial B11710
Cade ReinbergerRIT BRIT A11810
Andrew HellerCornell CCornell B11810
Matthew SiffYale AHarvard B11810
Rohan ShelkeBerkeley BBerkeley A11910
Matthew ChristianBinghamtonCornell A11910
Duncan Griffiths (UG)William & Mary A (UG)GWU B (Grad)11910
Brian Lai (DII)Virginia B (UG)Duke A (UG)11910
Jeffery Austin (DII)UNC D (DII)GWU A (UG)11910
Perry O'Connor (Grad)Liberty A (Grad)Maryland C (DII)1190
E Smith (UG)JMU B (UG)UNC B (UG)1190
Jennifer Haller (UG)JMU A (UG)Virginia C (UG)11910
Andrew Amygdalos (UG)GWU A (UG)UNC D (DII)1190
Conor ThompsonIowa StateMinnesota B11910
Noah Dean (DII)KenyonCedarville11910
Danel Fernandez (UG)Ohio State BOhio State A11910
Todd MaslykMichigan AMichigan C11910
Andrew HannaPennColumbia B1190
Halle FriedmanNYU AJohn Jay11910
Arjun Bothra (UG)HaverfordColumbia C11910
William Groger (UG)Columbia BPenn1190
Andrei HuiCambridge CEdinburgh11910
Thomas HartWarwickDurham B11910
Jake RobertsDurham BWarwick1190
Jack LewisMTSUAlabama11910
Jack ObermanSouth CarolinaTennessee11910
Gavin MarkoffVanderbilt AHarding11910