| Published | 2021-09-16 |
| Platform | Udemy |
| Price | $19.99 |
| Instructors |
Telly Frias Jr
|
| Subjects |
Economics Level One
Welcome to the exam on beginning Economics. This exam is published separately from the course. There are two exams. Each exam has 50 multiple choice based questions. You must score at least an 80% to pass. You may take the exams as many times as you wish.
Some of the topics covered in this exam include:
Supply and Demand
Aggregate supply
Aggregate Demand
Supply and Demand curves
Theory of Value
Pareto Principle
Pareto Optimality
Macro-economics
Micro-economics
Economies of Scale
Consumerism
Capital Goods
Consumer Goods
Protectionism
Porter's Five Forces
Gini Coefficient
Labor and Capital
Major Product of Labor
Price Elasticity Demand
Government Regulation
Interest Rate
Banking
Surplus
Consumer Surplus
Deficit
Diamond-water paradox
Shortage
etc.
Some of the economists mentioned in this exam include:
Keynes
Say
Hayek
Ricardo
Adam Smith
Milton Freidman
other economists include:
Stiglitz
Krugman
Ludwig Von Mises
Schumpeter
and the major schools of economic thought.
Chicago School
Austrian School
Stockholm school
etc.
There is little math involved in this exam, however there are some questions that will require you to use basic algebraic functions.
The structure of this exam is multiple choice, true or false, select all that apply, fill in the blank and there are at least a couple of diagrams where you are expected to analyze and respond correctly to the question.
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