ECO 407SEM: Macroeconomic Theory

School: University at Buffalo

Number of Notes and Study Guides Available: 0

Videos

Elasticity & Trade: How Demand Shapes Economic Gains for Nations

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Explore how elasticity of demand impacts gains from trade in economies. Understand the relationship between demand elasticity and benefits for consumers and producers. Debunk misconceptions about inelastic demand and trade gains.

Urban Development: New Cities' Impact and Equilibrium

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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.

First Video In Our Three Part Series for Midterms
Intro to Economics: Understanding the Fundamentals of Spending

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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.

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.

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.

Barter to Money: How Double-Coincidence of Wants Evolved Trade

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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.