E-book Category: Education E-book Title: Principles of Macroeconomics CLEP test Book Description: The Principles of Macroeconomics CLEP test is a test most business majors will need to take. Use the knowledge that you already have of supply and demand while taking this test. You'll learn some theories that will be on the test, but this test has a lot of easy questions. For those of you who can read charts and have common sense, this guide will help you ace the test.
• Basic Concepts • Scarcity: The Nature of the Economic System • Opportunity Cost Production Possibility Curves • Demand, Supply and Price Determination • Measurement of Economic Performance • Gross Domestic, National Products and National Income Concepts • Inflation and Price Indices • Determination • Aggregate Supply and Demand - Keynesian and Classical Analysis • Circular flow of Income and Product • Components of Aggregate Supply and Demand • Fiscal Policy • Monetary Policy • Money and Banking • Effectiveness of fiscal and Monetary Policy • International Economics and Growth • Comparative Advantage • Trade Policy • International Finance
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