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Economics Practice Exam

Economics

Economics is the study of scarcity and its implications for the use of resources, creation of goods and services, development of creation and government assistance over the long run, and an incredible assortment of other complex issues of fundamental worry to society.


Skills Required

thinking consistently and basically.

the capacity to simplify complex issues and concentrate the significant pieces of data.

information analysis.

composed and spoken correspondence.

critical thinking using your drive.

using time productively.

business and social awareness.

collaboration and interpersonal skills.


Career Opportunity

Economist.

Business Manager.

Property Manager.

Work Relations Specialist.

Statistical surveying Analyst.

Securities Broker.

Metropolitan/Regional Planner.

Public Administrator.


Table of Content

supply and demand, 

perfect and imperfect competition, 

taxation, 

international trade, 

price controls, 

monetary policy, 

exchange rates, 

interest rates, 

unemployment 

inflation

individual markets, 

the aggregate economy 

government policies.


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