PreparED Study Materials

ECON 470: ECON 470

School: West Virginia University

Number of Notes and Study Guides Available: 4

Notes

Videos

Elasticity & Trade: How Demand Shapes Economic Gains for Nations
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

Explore how elasticity of demand impacts gains from trade in economies. Understand the relationship between demand elasticity and benefits for consumers and producers. Debunk misconceptions about inelastic demand and trade gains.

5% Money Supply Boost: Impact on Aggregate Price & Inflation Explained
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

Unravel the implications of a 5% money supply increase on the aggregate price level. Learn about the Federal Reserve's influence and the dynamics of demand, supply, and inflation. Grasp how changes in money supply can affect prices and economic balance.

Comparing Four-firm Ratio & HHI: Assessing Market Concentration & Powe
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

Explore the differences between the Four-firm Concentration Ratio and the Herfindahl-Hirschman Index. Understand how they assess market concentration and dominance. Get insights into market power dynamics by comparing these two indices.

Decoding GDP per Capita & Labor Productivity: Economic Insight Explain
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

Unpack the significance of GDP per Capita and Labor Productivity in economics. Learn how these indicators reflect a country's living standards and labor efficiency. Grasp the relationship between these metrics and the broader economic landscape.

Key Factors in Assessing International Trade Benefits
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

This video delves into the advantages of international trade, using the example of France's specialization in wine production, and explores different options while highlighting the concept of comparative advantage without revealing the ultimate answer.

Theory of Liquidity Preference: Interest Rate Adjustment
Stars

Want To Learn More? To watch the entire video and ALL of the videos in the series:

Add to cart

In this video, we explore the theory of liquidity preference, which focuses on how an economy's interest rate adjusts to balance supply and demand for money. We evaluate a multiple-choice question and discuss each option's alignment with various economic theories without revealing the correct answer.

Textbook Solutions (0)

Top Selling Study Tools

×

Login

Login or Sign up for access to all of our study tools and educational content!

Forgot password?
Register Now

×

Register

Sign up for access to all content on our site!

Or login if you already have an account

×

Reset password

If you have an active account we’ll send you an e-mail for password recovery

Or login if you have your password back