PreparED Study Materials
ECON 2013: Principles of Macroeconomics
School: University of Arkansas
Number of Notes and Study Guides Available: 10
Notes
Study Guides
Videos
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.
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.
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.
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.
How Unexpected Inflation Impacts Creditors, Debtors, & Business Operat
Want To Learn More? To watch the entire video and ALL of the videos in the series:
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.
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.