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CONTENTS
Independent Study Schedule
Introduction:
Passing the CLEP Principles of Microeconomics Exam
About This Book
About the Exam
How to Use This Book
Format and Content of the Exam
About Our Course Review
Scoring Your Practice Tests
Studying for the CLEP
The Day of the Exam
Basic Economic Concepts Review
Key Terms
Economic Foundations
Economic Methodology
Origins of Supply
Origins of Demand
The Nature and Function of Product Markets
Circular Flow Model
CLEP Microeconomics Course Review
Key Terms
The Nature and Function of Product Markets
Interaction of Supply and Demand
Price Elasticity of Demand
The Total Revenue Test
Cross Elasticity of Demand
Price Elasticity of Supply
Consumer Choice
Income Constraints and Budget Limits
Producer Behavior
Opportunity (Economic) Cost
Producer Time Constraints
Short-Run Production Costs
Cost Analysis
Long-Run Costs of Production
Four Production Market Models
Factor Markets
Pricing and Employment of Factor Markets
Marginal Resource Productivity Theory
The Labor Market and Wages
Efficiency, Equity, and the Role of Government
Government Intervention
Main Government Intervention Methods
Income Equality and Poverty
Taxation
Transfer Payments
Antidiscrimination Laws
Practice Test 1
Answer Key
Detailed Explanations of Answers
Practice Test 2
Answer Key
Detailed Explanations of Answers
Glossary
Answer Sheets
Index
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Add The Best Test Preparation For The CLEP Principles of Microeconomics, Earn College Credit with REA's Test Prep for CLEP* Principles of Microeconomics Everything you need to pass the exam and get the college credits you deserve. CLEP* is the most popular credit-by-examination program in the country, accepted by more, The Best Test Preparation For The CLEP Principles of Microeconomics to the inventory that you are selling on WonderClubX
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Add The Best Test Preparation For The CLEP Principles of Microeconomics, Earn College Credit with REA's Test Prep for CLEP* Principles of Microeconomics Everything you need to pass the exam and get the college credits you deserve. CLEP* is the most popular credit-by-examination program in the country, accepted by more, The Best Test Preparation For The CLEP Principles of Microeconomics to your collection on WonderClub |