PreparED Study Materials
ECON 202: Principles of Macroeconomics
School: University of North Dakota
Number of Notes and Study Guides Available: 29
Notes
Econ 202 week of march 1 notes (Economics)
ECON 202
University of North Dakota
2 pages | Spring 2016
Videos
Urban Development: New Cities' Impact and Equilibrium
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.
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.
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.
Theory of Liquidity Preference: Interest Rate Adjustment
Want To Learn More? To watch the entire video and ALL of the videos in the series:
In this video, we explore the theory of liquidity preference, which focuses on how an economy's interest rate adjusts to balance supply and demand for money. We evaluate a multiple-choice question and discuss each option's alignment with various economic theories without revealing the correct answer.
Economic Resources Explained: The Pillars of Production in the Economy
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Uncover the fundamental concept of economic resources and their pivotal roles. From land and labor to capital and entrepreneurship, grasp the intricacies that drive production. Experience an insightful look into the elements shaping our economic activities.
Elasticity & Trade: How Demand Shapes Economic Gains for Nations
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.