Economics Final Study Guide

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Economics Final Study Guide
Important notes:
 You will be in test formation. Seats may be assigned.
 Final is 10% of grade.
 BRING A PENCIL FOR THE EXAM.
 In case you finish early, bring something to read or study SILENTLY.
 You will be handing in your books before you take the exam.
Review Portion:
1. Types of shops and requirements for employment
2. Types of economies and their strengths/weaknesses
3. Macro v. micro economics
4. Supply and demand
1. Read and label graph
 This will include equilibrium, price floor, and price ceiling
2. How does it apply to wages?
5. Efficient Market Hypothesis
6. Who meets the definition of being unemployed?
7. Horizontal v. vertical mergers
8. Types of monopolies
Chapter 9: p.252 #1-13 IKT; #1, 3, 4, 5, 6, 8, 11-15 RTF//Section A: 33, 34, 39
Economics Final Study Guide
Important notes:
 You will be in test formation. Seats may be assigned.
 Final is 10% of grade.
 BRING A PENCIL FOR THE EXAM.
 In case you finish early, bring something to read or study SILENTLY.
 You will be handing in your books before you take the exam.
Review Portion:
1. Types of shops and requirements for employment
2. Types of economies and their strengths/weaknesses
3. Macro v. micro economics
4. Supply and demand
1. Read and label graph
 This will include equilibrium, price floor, and price ceiling
2. How does it apply to wages?
5. Efficient Market Hypothesis
6. Who meets the definition of being unemployed?
7. Horizontal v. vertical mergers
8. Types of monopolies
Chapter 9: p.252 #1-13 IKT; #1, 3, 4, 5, 6, 8, 11-15 RTF//Section A: 33, 34, 39
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