ECO 202 at Miami University

ECO-202-Fall-2022-Kara-Riesing
Syllabus Info: ECO 202 - Fall 2022 - Kara Riesing

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Exam 1 Cram Kit
17 min

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Week 1 – Demand 4 min 3 Concepts Sample Module

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Module Content

0% Complete 0/3 Steps

Demand 0:41

Quantity Demanded vs. Demand 0:46

Shifters of Demand 2:27

Week 2 – Supply 4 min 3 Concepts

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Module Content

0% Complete 0/3 Steps

Supply 0:46

Quantity Supplied vs. Supply 0:52

Shifters of Supply 1:49

Week 3 – Market Equilibrium & Policy 9 min 6 Concepts

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Module Content

0% Complete 0/6 Steps

Equilibrium 1:09

Price floor 1:28

Price ceiling 1:33

Non-binding controls 1:21

Excise Tax 1:53

Deadweight Loss 1:39

All Practice Problems – ECO 202 Exam 1

Exam 2 Cram Kit
18 min

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Week 4 – Measuring Output and Income 8 min 6 Concepts Sample Module

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Module Content

0% Complete 0/6 Steps

What is GDP? 0:22

Expenditure Approach (GDP) 2:10

Income Approach (GDP) 1:48

Nominal vs. Real GDP 1:36

GDP Deflator 1:05

GDP per capita 0:26

Week 5 – Economic Growth 3 min 3 Concepts

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PPF (Production Possibilities Frontier) 1:54

Inefficient points on PPF 0:25

Unattainable points on PPF 0:26

Week 6 – Business Cycles, Unemployment, CPI 7 min 9 Concepts

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Module Content

0% Complete 0/9 Steps

Frictional unemployment 0:51

Structural unemployment 0:36

Cyclical unemployment 0:49

Unemployment Rate 0:35

Natural Rate of Unemployment 0:41

Discouraged workers 0:40

Labor Force Participation Rate 0:32

What is CPI? 1:09

Cumulative inflation with CPI 0:43

All Practice Problems – ECO 202 Exam 2

Exam 3 Cram Kit
33 min

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Week 7 & 8 – Aggregate Expenditures Model 10 min 9 Concepts

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Module Content

0% Complete 0/9 Steps

Output with aggregate expenditure 1:30

Output with income 0:32

Consumption schedule 1:42

Investment demand 0:51

Marginal Propensity to Consume (MPC) 1:03

Marginal Propensity to Save (MPSv) 0:29

MPC vs. MPSv 0:36

Expenditure multiplier 1:37

Tax multiplier 1:14

Week 8 & 9 – Aggregate Supply & Demand 13 min 10 Concepts

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Module Content

0% Complete 0/10 Steps

Why “aggregate”? 1:37

Aggregate Demand (AD) 1:37

Short-Run Aggregate Supply (SRAS) 1:34

Long-Run Aggregate Supply (LRAS) 2:07

Equilibrium with aggregate 1:01

Expansionary period 1:04

Recessionary period 1:01

Cost-push inflation & Stagflation 0:58

Demand-pull inflation 0:34

Phillips curve 0:40

Week 9 & 10 – Fiscal Policy 10 min 8 Concepts

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Module Content

0% Complete 0/8 Steps

What is fiscal policy? 0:57

Expansionary Fiscal Policy 0:59

Contractionary Fiscal Policy 0:57

Closing gaps with taxation 2:08

Closing gaps with government spending 2:12

Automatic stabilizers 1:10

Lags of fiscal policy 0:29

Crowding out 0:39

All Practice Problems – ECO 202 Exam 3

Closing Concepts (Final is Cumulative!)

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Week 11 & 12 – Money 8 min 5 Concepts

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Module Content

0% Complete 0/5 Steps

M0, M1, & M2 Money Supply 0:57

Equation of Exchange & Velocity 1:02

Reserve ratios 2:27

Money Multiplier 1:23

Nominal vs. real interest 2:11

Week 12 & 13 – Monetary Policy 13 min 6 Concepts

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Module Content

0% Complete 0/6 Steps

What is monetary policy? 3:26

Expansionary monetary policy 1:22

Contractionary monetary policy 1:21

Closing gaps with money supply 3:50

Lags of monetary policy 1:16

Liquidity trap 1:09

Week 14 & 15 – International Trade 9 Concepts

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Module Content

0% Complete 0/9 Steps

Absolute advantage 0:50

Comparative advantage 1:46

All Practice Problems – ECO 202 Closing Concepts

ECO 202

Exam 1 Cram Kit 17 min

Exam 2 Cram Kit 18 min

Exam 3 Cram Kit 33 min

Closing Concepts (Final is Cumulative!)

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Exam 1 Cram Kit
17 min

Exam 2 Cram Kit
18 min

Exam 3 Cram Kit
33 min