PreparED Study Materials
ECON 213: Principles of Macroeconomics
School: University of Tennessee - Knoxville
Number of Notes and Study Guides Available: 12
Notes
Econ 213: 1/15 -1/17 (Economics)
ECON 213
University of Tennessee - Knoxville
48 pages | Spring 2019
Econ 213 week 6 notes (Economics)
ECON 213
University of Tennessee - Knoxville
3 pages | Spring 2019
Econ 213 week 9 notes (Economics)
ECON 213
University of Tennessee - Knoxville
3 pages | Spring 2019
Econ 213 week 5 notes (Economics)
ECON 213
University of Tennessee - Knoxville
5 pages | Spring 2019
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.
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.
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.
Explaining Economic Logic of Purchasing-Power Parity
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This video explains the theory of Purchasing Power Parity (PPP) in economics, emphasizing how it relies on the "law of one price" and illustrating how exchange rates should adjust to equalize purchasing power between nations in the long run. It also demonstrates how price disparities for products like iPhones can lead to currency exchange rate adjustments and eventually equalized prices.
Storm Effects on Factor Markets: Wages and Capital Renta
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In the scenario presented, a ferocious storm causes damage to multiple factories, impacting the stock of capital. This, in turn, has consequences for factors in the market, affecting both wages and the rental price of capital.
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.