PreparED Study Materials
ECON 104: Principles of Macroeconomics
School: University of Wisconsin - Eau Claire
Number of Notes and Study Guides Available: 2
Notes
Study Guides
Econ 104 study guide (Economics)
ECON 104
University of Wisconsin - Eau Claire
2 pages | Summer 2015
Videos
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.
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.
5% Money Supply Boost: Impact on Aggregate Price & Inflation Explained
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Unravel the implications of a 5% money supply increase on the aggregate price level. Learn about the Federal Reserve's influence and the dynamics of demand, supply, and inflation. Grasp how changes in money supply can affect prices and economic balance.
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.
Deciphering Economic Gears: Calculating Private Investment
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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.
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.