PreparED Study Materials
Videos
First Video In Our Three Part Series for Midterms
Intro to Economics: Understanding the Fundamentals of Spending
Want To Learn More? To watch the entire video and ALL of the videos in the series:
full solution
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.
Deciphering Economic Gears: Calculating Private Investment
Want To Learn More? To watch the entire video and ALL of the videos in the series:
full solution
Discover the intricate components of an economy, including savings, budgets, and trade balances. Learn how these elements interconnect and influence private investment. Understand an economic identity that determines an economy's investment levels.
Economic Resources Explained: The Pillars of Production in the Economy
Want To Learn More? To watch the entire video and ALL of the videos in the series:
full solution
Uncover the fundamental concept of economic resources and their pivotal roles. From land and labor to capital and entrepreneurship, grasp the intricacies that drive production. Experience an insightful look into the elements shaping our economic activities.
Urban Development: New Cities' Impact and Equilibrium
Want To Learn More? To watch the entire video and ALL of the videos in the series:
full solution
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.
Scarcity: Balancing Infinite Wants with Limited Resources in Economics
Want To Learn More? To watch the entire video and ALL of the videos in the series:
full solution
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.
Barter to Money: How Double-Coincidence of Wants Evolved Trade
Want To Learn More? To watch the entire video and ALL of the videos in the series:
full solution
Explore the historical barter system and its challenges, particularly the double-coincidence of wants. Witness how the need for simpler transactions led societies from direct barter to embracing mediums of exchange like money.
