PreparED Study Materials
ECON 0019: Intro to Econ
School: University of California - Los Angeles
Number of Notes and Study Guides Available: 2
Notes
Fiat lux frshmn sem (Economics)
ECON 0019
University of California - Los Angeles
7 pages | Fall 2015
Videos
Real GDP Unpacked: Scenarios Decoding Economic Performance & Impact
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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.
Demystifying Assumptions: Economists' Key to Decoding Complex Markets
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Discover the pivotal role of assumptions in economics as we navigate the challenges of studying intricate market behaviors and human actions. Unveil how these simplifications foster comprehensive economic analyses and predictions.
Key Factors in Assessing International Trade Benefits
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This video delves into the advantages of international trade, using the example of France's specialization in wine production, and explores different options while highlighting the concept of comparative advantage without revealing the ultimate answer.
Pros and Cons of Government-Created Monopolies
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Explore the concept of government-created monopolies, which are entities granted exclusive rights, like licenses, patents, and copyrights. While they can promote innovation and efficiently operate in high-cost industries, they might also introduce inefficiencies and stifle competition. Weighing the pros and cons is essential.
First Video In Our Three Part Series for Midterms
Intro to Economics: Understanding the Fundamentals of Spending
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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.
Economists' Diverse Views: Advising Policymakers with Perspective
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Explore the multifaceted role of economists in society, their interpretation of complex economic data, and how they provide guidance to decision-makers. Discover why economists may offer conflicting advice due to varying economic theories, data interpretation, personal values, and political ideologies.
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Econ 11- week 3 notes (Economics)
ECON 11
University of California - Los Angeles
2 pages | Fall 2015