Ch 78: NMTA: Economic Policies

About This Chapter

Review topics ranging from government spending and unemployment to international trade and external marketing to prepare for economics questions on the NMTA Middle Grades Social Science exam. This chapter includes plenty of video lessons and quizzes to make sure you're fully prepared for these types of questions on test day.

NMTA: Economic Policies - Chapter Summary

Get ready for the NMTA Middle Grades Social Science exam with video lessons designed to help you take another look at some of the fiscal policy tools used by the government to protect and promote U.S. economic interests. Topics of discussion are listed below:

  • Government spending and taxes
  • Effects of fiscal policy on unemployment
  • Economic performance and the business cycle
  • Government's role in the economy
  • Politics of international trade
  • International external marketing

These lessons can be completed at your convenience, thanks to site features that allow you to start, stop and resume the videos whenever it suits you. You can also take the self-paced quizzes as many times as you'd like. Plus, both of these resources are accessible from your home computer as well as your mobile device.

NMTA: Economic Policies - Objectives

Approximately 12% of the NMTA Middle Grades Social Science exam's 150 multiple-choice questions measure your knowledge of economics concepts. To help you prepare for questions covering macroeconomics and international economics, we've put together this Economic Policies chapter.

Watch the videos and take the quizzes to get ready for questions testing your understanding of the role fiscal policy plays in stimulating economic activity as well as the various factors influencing international economics and the business cycle.

Responses to these and other questions covering history, geography, culture and government are used to determine your preparedness for a middle grades social science teaching endorsement in New Mexico.

8 Lessons in Chapter 78: NMTA: 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

Other chapters within the NMTA Middle Grades Social Science (202): Practice & Study Guide course

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