PreparED Study Materials
ECN 211: Macroeconomic Principles
School: Arizona State University
Number of Notes and Study Guides Available: 5
Notes
Study Guides
Videos
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.
Shoeleather Costs: The Hidden Economics of Everyday Banking Activities
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Understand the economic implications of "cost" and its relevance in daily decision-making. Learn about shoeleather costs, including its tangible and intangible components. Grasp how different scenarios impact these costs and ways to optimize them.
5% Money Supply Boost: Impact on Aggregate Price & Inflation Explained
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.
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.
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.
Balancing Investments: Opportunity Costs and Economic Returns Explaine
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.