PreparED Study Materials
ECON 201: Principles of Microeconomics
School: University of North Dakota
Number of Notes and Study Guides Available: 2
Notes
Videos
Storm Effects on Factor Markets: Wages and Capital Renta
Want To Learn More? To watch the entire video and ALL of the videos in the series:
In the scenario presented, a ferocious storm causes damage to multiple factories, impacting the stock of capital. This, in turn, has consequences for factors in the market, affecting both wages and the rental price of capital.
Unpacking Long-Run Growth: The Pivotal Role of Rising Productivity
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Unravel the complexities of long-run economic growth and its driving factors. Discover why rising productivity stands out as the cornerstone of sustainable economic expansion. Understand the role of various elements in shaping a nation's economic trajectory.
Economists' Diverse Views: Advising Policymakers with Perspective
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.
Market Economy Pros & Cons: Balancing Benefits with Shortcomings.
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the intricate workings of a market economy, highlighting its notable advantages such as efficiency and innovation, and addressing the critical challenges like income inequality and market failures. Understand the balance between market and non-market elements in global economic systems.
First Video In Our Three Part Series for Midterms
Intro to Economics: Understanding the Fundamentals of Spending
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore economics with a focus on scarcity, supply and demand, and elasticity. Gain practical insights into decision-making and economic principles that impact our world.
Monopolies & Price Discrimination: Myths, Truths & Insights
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.