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Ch 78: NES: Economic Policies

About This Chapter

Use these chapter resources to get up to speed on economic and fiscal policies for the National Evaluation Series (NES) Middle Grades Social Science exam.

NES: Economic Policies - Chapter Summary

This chapter combines informative video lessons with practice quizzes to help you study economic policies for the NES Middle Grades Social Science exam. Learn about fiscal policy and its effects, the role of government in the economy and trade politics. After completing this chapter, you'll have covered the following topics:

  • Overview of fiscal policy
  • Government spending and taxes as fiscal policy tools
  • Effects of fiscal policy on unemployment
  • The business cycle over time
  • Ways the government protects the economy and promotes economic interests
  • Economic and political considerations for international trade
  • International external marketing

Our instructors use an easy-to-follow style that helps you catch up on key topics in less time. Follow along with the written transcripts or skim them to get a quick overview of lesson topics. Use the lesson quizzes to test what you've retained from the lessons and get an idea of what to expect on the NES exam.

NES: Economic Policies Objectives

These lessons prepare you for questions about economic policy in the Economics subarea of the NES Middle Grades Social Science exam. The exam is made up of four content domains that measure your knowledge of history, geography and culture, government and economics. The Economics section makes up approximately 12% of the total score. The test has 150 multiple-choice questions and lasts three hours. Passing the exam is part of the licensure requirements for social science teachers in certain states.

8 Lessons in Chapter 78: NES: Economic Policies
Test your knowledge with a 30-question chapter practice test
What is Fiscal Policy?

1. What is Fiscal Policy?

The following lesson will cover how the U.S. government uses fiscal policy to affect the economy. A short quiz will follow the lesson to check your understanding.

Fiscal Policy Tools: Government Spending and Taxes

2. Fiscal Policy Tools: Government Spending and Taxes

Discover the three main tools the government uses to address recessionary and inflationary economies - what economists call fiscal policy. Find out how these tools are used to help the economy in different situations.

Fiscal Policy and the Effects on Unemployment

3. Fiscal Policy and the Effects on Unemployment

Review what fiscal policy is and how the two key components of fiscal policy can be used to influence unemployment. Find out when and how fiscal policy can be used and why it is so important.

The Business Cycle: Economic Performance Over Time

4. The Business Cycle: Economic Performance Over Time

Learn the economic terms that describe economic performance over time and how indicators such as unemployment and inflation behave throughout these economic fluctuations.

How the Government Protects the U.S. Economy

5. How the Government Protects the U.S. Economy

The following lesson will cover the ways in which the government protects the U.S. economy and ensures stable economic growth. A short quiz will follow the lesson to check for your understanding.

How the Government Promotes Economic Interests

6. How the Government Promotes Economic Interests

The following lesson will cover how the government promotes its economic interests through businesses, labor, and agriculture. There will be a short quiz following the lesson to check your understanding.

The Economics & Politics of International Trade

7. The Economics & Politics of International Trade

We will discuss the economics & politics of international trade through the definition of open trade and its benefits and drawbacks. In addition, the ideas of competitive advantage and political patience will be shown as key indicators of global success.

International External Marketing: Culture, Economics, Tech & More

8. International External Marketing: Culture, Economics, Tech & More

International marketing plans have a specific marketing mix that will differ tremendously from the domestic version. Marketing managers have to take into account a country's economic, technological, logistical, and sociocultural differences in order to successfully target an overseas market.

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

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