PreparED Study Materials

ECON 821: ECON 821

School: Boston College

Number of Notes and Study Guides Available: 1

Notes

Videos

How Unexpected Inflation Impacts Creditors, Debtors, & Business Operat
Stars

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

Add to cart

Unexpected inflation can shift wealth between lenders and borrowers. This phenomenon affects the real value of money repaid, disadvantaging the creditors. Additionally, businesses face operational expenses like menu costs during inflation adjustments.

Shoeleather Costs: The Hidden Economics of Everyday Banking Activities
Stars

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

Add to cart

Understand the economic implications of "cost" and its relevance in daily decision-making. Learn about shoeleather costs, including its tangible and intangible components. Grasp how different scenarios impact these costs and ways to optimize them.

Economists' Diverse Views: Advising Policymakers with Perspective
Stars

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

Add to cart

Explore the multifaceted role of economists in society, their interpretation of complex economic data, and how they provide guidance to decision-makers. Discover why economists may offer conflicting advice due to varying economic theories, data interpretation, personal values, and political ideologies.

Monopolies & Price Discrimination: Myths, Truths & Insights
Stars

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

Add to cart

Explore the intricacies of monopolies and price discrimination in the market. Unpack myths and truths about consumer behavior and pricing strategies. Real-life examples illuminate these fundamental economic concepts.

Price Effect in Economics: Navigating Income & Substitution Dynamics
Stars

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

Add to cart

Explore the nuances of the price effect in economics, focusing on the income and substitution effects. Understand through real-life scenarios how these phenomena influence consumer spending patterns. Gain insights into the intricate dynamics of consumer responses to price shifts.

Real GDP Unpacked: Scenarios Decoding Economic Performance & Impact
Stars

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

Add to cart

Grasp the essence of Real GDP, a pivotal tool to gauge an economy's true performance. Through relatable scenarios, understand how production, inflation, and external events influence this economic measure. Economics, as showcased, is integral in deciphering our global landscape.

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