PreparED Study Materials

ECO 211: Principles of Microeconomics

School: University of Miami

Number of Notes and Study Guides Available: 14

Notes

Study Guides

Videos

First Video In Our Three Part Series for Midterms

Intro to Economics: Understanding the Fundamentals of Spending

Stars

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

Add to cart

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.

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.

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.

Balancing Investments: Opportunity Costs and Economic Returns Explaine
Stars

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

Add to cart

Learn about the intricacies of opportunity cost and its broader implications. Delve into the balance between human and physical capital, understanding the risks of overinvestment. Grasp the Law of Diminishing Marginal Returns and its effects on national strategies.

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.

Market Economy Pros & Cons: Balancing Benefits with Shortcomings.
Stars

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

Add to cart

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.

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