PreparED Study Materials
Notes
Study Guides
Videos
Analyzing Trade Policies' Impact on Producers, Consumers, and Trade
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.
Decoding GDP per Capita & Labor Productivity: Economic Insight Explain
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Unpack the significance of GDP per Capita and Labor Productivity in economics. Learn how these indicators reflect a country's living standards and labor efficiency. Grasp the relationship between these metrics and the broader economic landscape.
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.
Real GDP Unpacked: Scenarios Decoding Economic Performance & Impact
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.
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.