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ECO 201
UPDATED!
This course has vertical videos with step-by-step walkthroughs.
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ECO-201-Spring-2022-Nietfeld
Syllabus Info:
ECO 201 - Spring 2022 - Nietfeld
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Exam 1 Cram Kit
17 min
Unlock Exam Kit ($25)
Week 1 – Opportunity Cost
1 min
1 Concept
Sample Module
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Module Content
0% Complete
0/1 Steps
Opportunity Cost
0:47
Week 2 – PPF, Specialization
7 min
7 Concepts
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Module Content
0% Complete
0/7 Steps
PPF (Production Possibilities Frontier)
1:54
Inefficient points on PPF
0:25
Unattainable points on PPF
0:26
Absolute advantage
0:50
Comparative advantage
1:46
Price for trade
Specialization
0:55
Week 3 & 4 – Supply & Demand
9 min
7 Concepts
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Module Content
0% Complete
0/7 Steps
Supply
0:46
Quantity Supplied vs. Supply
0:52
Shifters of Supply
1:49
Demand
0:41
Quantity Demanded vs. Demand
0:46
Shifters of Demand
2:27
Equilibrium
1:09
All Practice Problems – ECO 201 Exam 1
Exam 2 Cram Kit
19 min
Unlock Exam Kit ($25)
Week 6 – Elasticity
12 min
5 Concepts
Sample Module
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Module Content
0% Complete
0/5 Steps
What is price elasticity?
0:29
Price Elasticity of Supply
2:44
Price Elasticity of Demand
3:45
Elasticity is NOT slope!
3:49
Income Elasticity of Demand
0:53
Week 7 – Tax Incidence
7 min
5 Concepts
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Module Content
0% Complete
0/5 Steps
Consumer Surplus
1:07
Producer Surplus
1:15
Total Surplus
0:54
Excise Tax
1:53
Deadweight Loss
1:39
All Practice Problems – ECO 201 Exam 2
Exam 3 Cram Kit
18 min
Unlock Exam Kit ($25)
Week 10 – Price Controls
7 min
4 Concepts
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Module Content
0% Complete
0/4 Steps
Price floor
1:28
Price ceiling
1:33
Non-binding controls
1:21
Black markets
1:43
Week 11 – Externalities & Types of Goods
11 min
6 Concepts
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Module Content
0% Complete
0/6 Steps
What is an externality?
2:09
Positive externalities
2:56
Negative externalities
3:14
Excludable
0:33
Rivalrous
0:38
Public vs. Private vs. Common-Resource vs. Club
1:01
All Practice Problems – ECO 201 Exam 3
Final Exam Cram Kit
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Week 13 – Business Costs
6 min
9 Concepts
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Module Content
0% Complete
0/9 Steps
Fixed Cost (FC)
0:19
Variable Cost (VC)
0:25
Total Cost (TC)
0:22
Cost Curves (Total)
0:34
Marginal Cost (MC)
1:15
Average Variable Cost (AVC)
0:43
Average Fixed Cost (AFC)
0:49
Average Total Cost (ATC)
0:39
Cost Curves (Per-Unit)
0:31
Week 14 – Market Structures
8 min
6 Concepts
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Module Content
0% Complete
0/6 Steps
Perfect Competition vs. Monopoly
1:24
Marginal Revenue (MR)
1:13
Profit Maximizing Point
1:12
Shutdown Point
1:31
Competitive firm earning profit
0:49
Competitive firm minimizing losses
1:23
All Practice Problems – ECO 201 Final Exam
