Ch 60: Macroeconomic Equilibrium - MTEL Political Science/Political Philosophy

About This Chapter

Let us assist you in learning macroeconomic equilibrium. After this review, you will be better suited to answering these types of question on the MTEL Political Science/Political Philosophy exam.

MTEL Political Science/Political Philosophy: Macroeconomic Equilibrium - Chapter Summary

The lessons in this chapter will help you explore new and familiar material dealing with economics. In this chapter, the following topics will be covered:

  • The real gross domestic product (GDP)
  • Full employment GDP
  • The business cycle
  • Depression vs. recession

Gaining insights into these topics will help you prepare adequately for the MTEL exam. You can also test your knowledge by taking quizzes at the end of each lesson. They are brief, but very engaging.

MTEL Political Science/Political Philosophy: Macroeconomic Equilibrium Chapter Objectives

The MTEL Political Science/Political Philosophy exam is designed to assess your knowledge of different government and political topics. If you pass, you may be eligible to get your license to teach in Massachusetts. The exam consists of 100 multiple-choice questions and two open-response items.

The material that you cover in this interactive chapter can be found in the Geography and Economics section of the exam, which comprises 10% of the entire test. Studying and picking up skills for this test is made easy when you go through the materials in this chapter.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the MTEL Political Science/Political Philosophy (48): Practice & Study Guide course