PreparED Study Materials
ECON 150: ECON Principles & Problems Micro
School: Brigham Young University - Idaho
Number of Notes and Study Guides Available: 5
Notes
Economics 150: chapter 1 (Economics)
ECON 150
Brigham Young University - Idaho
4 pages | Spring 2016
Economics 150: chapter 4 (Economics)
ECON 150
Brigham Young University - Idaho
8 pages | Spring 2016
Economics 150: chapter 2 (Economics)
ECON 150
Brigham Young University - Idaho
6 pages | Spring 2016
Economics 150: chapter 3 (Economics)
ECON 150
Brigham Young University - Idaho
4 pages | Spring 2016
Videos
Opportunity Cost Explained: Weighing Choices in Business Decisions
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Discover the principle of opportunity cost, distinguishing between explicit and implicit costs. Using the example of Hanna's Pizzeria, grasp how business decisions weigh the costs of forgone alternatives. Learn how these costs influence financial and economic choices.
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.
"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.
Decoding GDP per Capita & Labor Productivity: Economic Insight Explain
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Unpack the significance of GDP per Capita and Labor Productivity in economics. Learn how these indicators reflect a country's living standards and labor efficiency. Grasp the relationship between these metrics and the broader economic landscape.
Shoeleather Costs: The Hidden Economics of Everyday Banking Activities
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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.
Economic Resources Explained: The Pillars of Production in the Economy
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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.