PreparED Study Materials
ECON 1011: Principles of Economics I
School: George Washington University
Number of Notes and Study Guides Available: 203
Notes
Econ notes week of dec. 7th (Economics)
ECON 1011
George Washington University
6 pages | Summer 2015
Econ notes for week of 10/5 (Economics)
ECON 1011
George Washington University
2 pages | Summer 2015
Microeconomics notes week 4 (Economics)
ECON 1011
George Washington University
3 pages | Summer 2015
Study Guides
Econ midterm study guide 1 (Economics)
ECON 1011
George Washington University
12 pages | Summer 2015
Econ 1011, 10.5 study guide (Economics)
ECON 1011
George Washington University
5 pages | Summer 2015
Videos
Lags in Monetary and Fiscal Policy Impact on Aggregate Demand
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This video explores the causes of lags in the impact of monetary and fiscal policy on aggregate demand, drawing analogies to recognizing seasonal changes, adjusting cooking temperatures, and waiting for planted seeds to grow, and discusses the implications of these lags for the debate between active and passive economic policy approaches.
5% Money Supply Boost: Impact on Aggregate Price & Inflation Explained
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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.
Pros and Cons of Government-Created Monopolies
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Explore the concept of government-created monopolies, which are entities granted exclusive rights, like licenses, patents, and copyrights. While they can promote innovation and efficiently operate in high-cost industries, they might also introduce inefficiencies and stifle competition. Weighing the pros and cons is essential.
Scarcity: Balancing Infinite Wants with Limited Resources in Economics
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Explore the fundamental concept of scarcity in economics. Understand the tension between our infinite desires and the finite resources we have. Grasp how scarcity influences our choices, necessitating trade-offs in everyday decisions.
Comparing Four-firm Ratio & HHI: Assessing Market Concentration & Powe
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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.
Elasticity & Trade: How Demand Shapes Economic Gains for Nations
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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.