PreparED Study Materials
ECON 2020: PRINCIPLES OF MICROECONOMICS
School: Auburn University
Number of Notes and Study Guides Available: 44
Notes
Econ 2020 (dr. macy finck) october 24-28 (Economics)
ECON 2020
Auburn University
7 pages | Fall 2016
Econ 2020 (dr. macy finck) october 10-14 (Economics)
ECON 2020
Auburn University
2 pages | Fall 2016
Econ 2020 (dr. macy finck) september 5-9 (Economics)
ECON 2020
Auburn University
4 pages | Fall 2016
Econ 2020 (dr. macy finck) october 17-21 (Economics)
ECON 2020
Auburn University
2 pages | Fall 2016
Study Guides
Videos
Monopolies & Price Discrimination: Myths, Truths & Insights
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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.
Yen vs Dollar: Decoding Nominal vs Real Exchange Rates in Trade
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Grasp the distinction between nominal and real exchange rates, using the yen and dollar as examples. Learn how these rates influence purchasing power in different economies. Understand their implications in the global trade landscape.
Lags in Monetary and Fiscal Policy Impact on Aggregate Demand
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This video explores the causes of lags in the impact of monetary and fiscal policy on aggregate demand, drawing analogies to recognizing seasonal changes, adjusting cooking temperatures, and waiting for planted seeds to grow, and discusses the implications of these lags for the debate between active and passive economic policy approaches.
How Unexpected Inflation Impacts Creditors, Debtors, & Business Operat
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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.
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.
"Economics Basics: Circular-Flow Diagram Explained
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Explore the fundamental concept of the circular-flow diagram in economics, which simplifies the intricate interactions between households and firms. Includes examples illustrating how money, labor, and services flow between these economic actors.