PreparED Study Materials

ECON 671: ECON 671

School: University of San Francisco

Number of Notes and Study Guides Available: 1

Notes

Videos

Price Elasticity: Mid-Point Method & Its Practical Significance
Stars

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

Add to cart

Grasp the essentials of price elasticity of demand through various calculation methods. Dive deep into the unique and consistent mid-point method, understanding its relevance in fluctuating markets. Learn its practical application in analyzing market dynamics.

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.

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.

Urban Development: New Cities' Impact and Equilibrium
Stars

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

Add to cart

This video explores urban utility curves, workforce dynamics, and the impact of creating new cities on growth and equilibrium, with a focus on the utility of workers.

Positive vs. Normative Economics: Decoding Economic Statements Explain
Stars

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

Add to cart

Distinguish between positive and normative economic statements with real-world examples. Grasp the difference between objective explanations and value judgments in economics. Master the foundations of economic thought and their application.

Analyzing Trade Policies' Impact on Producers, Consumers, and Trade
Stars

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

Add to cart

In this video, the concepts of tariffs and trade policies are explained, highlighting how tariffs affect the cost of imported goods and how trade policies control imports and exports. The video then examines four trade policy scenarios, emphasizing their impact on producers, consumers, and trade, ultimately identifying the correct answer as option c, which fulfills all the specified conditions.

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