PreparED Study Materials
ECON 1011: Principles of Economics I
School: George Washington University
Number of Notes and Study Guides Available: 234
Notes
Econ notes for week of 10/5 (Economics)
ECON 1011
George Washington University
2 pages | Summer 2015
Econ notes week of dec. 7th (Economics)
ECON 1011
George Washington University
6 pages | Summer 2015
Microeconomics notes week 4 (Economics)
ECON 1011
George Washington University
3 pages | Summer 2015
Study Guides
Econ midterm study guide 1 (Economics)
ECON 1011
George Washington University
12 pages | Summer 2015
Econ 1011, 10.5 study guide (Economics)
ECON 1011
George Washington University
5 pages | Summer 2015
Videos
Profit-Maximizing in Competitive Markets: Unraveling P=MC & Its Impact
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Discover the power of the profit-maximizing rule in perfectly competitive markets. Unearth how setting price equal to marginal cost optimizes consumer and producer benefits. Grasp the significance of this rule for societal resource utilization.
Unraveling Economic Equations: From Price Level to Velocity of Money
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Discover how to calculate the price level and velocity of money using real-life data. Understand the relationship between money supply, GDP, and prices in the economy. Gain insights into the Federal Reserve's strategies for managing inflation and price stability.
Positive vs. Normative Economics: Decoding Economic Statements Explain
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Distinguish between positive and normative economic statements with real-world examples. Grasp the difference between objective explanations and value judgments in economics. Master the foundations of economic thought and their application.
Balancing Investments: Opportunity Costs and Economic Returns Explaine
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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.
Ceteris Paribus: Simplifying Complex Economic Analyses & Predictions
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Discover the role of "ceteris paribus" in economics, a foundational assumption simplifying analyses. Understand its application in variable isolation, policy analysis, and model building. Gain insights into how economists use this tool for clarity in complex scenarios.
Key Factors in Assessing International Trade Benefits
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full solution
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.
