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Ch 14: Economics Overview

About This Chapter

Get an overview of the field in this introduction to economics, as you prepare for the MTEL History exam. Our video lessons and quizzes give you several types of ways of learning the material so you are prepared to answer the questions correctly on the test.

MTEL History: Introduction to Economics - Chapter Summary

Let the lessons in this chapter help you understand the field of economics in preparation for the MTEL History exam. The videos review all the topics you will need to know, including:

  • Overview of the field of economics
  • Micro and macroeconomics
  • The capitalist system and the free market
  • Economies in communism, socialism, and mixed economies

We utilize experienced instructors who know how to present the material in clear, incisive ways that make it easy to retain. By taking the self-assessment quizzes that accompany the chapters, you can see for yourself if you have retained the important information you need to know for the test.

Objectives of the MTEL: Introduction to Economics Chapter

The MTEL History exam is a comprehensive examination that evaluates your understanding of historical facts and concepts. Your score is used to determine your eligibility for teacher licensure in the Commonwealth of Massachusetts. The topics in this Introduction to Economics chapter fall under the Geography, Government and Economics Objective. This objective contributes 25% of the test questions. Plus, you gain valuable experience with the types of questions you will have to answer on the test itself.

There are 100 multiple-choice items and 2 open-response items on the test, counting for 80% and 20% of your grade, respectively. The multiple-choice items evaluate your recognition of the correct answer to the questions. The open-response items require you to construct a logical, well-written essay integrating your knowledge from several areas within the field of history.

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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