PreparED Study Materials
ECON 2106: Principles of Microeconomics
School: Georgia State University
Number of Notes and Study Guides Available: 26
Notes
Study Guides
Econ2106, study guide for 1 exam (Economics)
ECON 2106
Georgia State University
11 pages | Fall 2016
Econ 2106 test 1. professor hunt. (Economics)
ECON 2106
Georgia State University
9 pages | Fall 2016
Videos
Urban Development: New Cities' Impact and Equilibrium
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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.
Price Effect in Economics: Navigating Income & Substitution Dynamics
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Explore the nuances of the price effect in economics, focusing on the income and substitution effects. Understand through real-life scenarios how these phenomena influence consumer spending patterns. Gain insights into the intricate dynamics of consumer responses to price shifts.
Analyzing Trade Policies' Impact on Producers, Consumers, and Trade
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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.
5% Money Supply Boost: Impact on Aggregate Price & Inflation Explained
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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.
Scarcity: Balancing Infinite Wants with Limited Resources in Economics
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Explore the fundamental concept of scarcity in economics. Understand the tension between our infinite desires and the finite resources we have. Grasp how scarcity influences our choices, necessitating trade-offs in everyday decisions.
Micro vs. Macro: Unraveling the Twin Pillars of Economic Study Explain
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Unpack the primary subdivisions of economics: Microeconomics, centered on individual economic agents, and Macroeconomics, which looks at broader economic trends. Understand the core differences and inherent connections between these two fields. Explore real-world examples to comprehend their implications.