About This Chapter
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.
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.
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.
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.
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.
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.
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.
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.
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.
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Other chapters within the NMTA Middle Grades Social Science (202): Practice & Study Guide course
- NMTA: Historical Research & Writing
- NMTA: Early Civilizations
- NMTA: Major Religions
- NMTA: Byzantine Empire & Islamic Civilization
- NMTA: Development of Europe
- NMTA: The Renaissance
- NMTA: Reformation in Europe
- NMTA: Aztec & Inca Civilizations
- NMTA: The Age of Exploration
- NMTA: The Scientific Revolution & Enlightenment
- NMTA: Industrialization
- NMTA: Causes & Effects of Revolutions
- NMTA: Political Developments in Europe & Asia
- NMTA: Imperialism in the 19th & 20th Centuries
- NMTA: World War I
- NMTA: Between the World Wars
- NMTA: World War II
- NMTA: Western Civilization Since 1945
- NMTA: First Contacts in the Americas
- NMTA: Settling North America
- NMTA: Road to the American Revolution
- NMTA: The American Revolution
- NMTA: The Making of a New Nation
- NMTA: The Virginia Dynasty
- NMTA: Jacksonian Democracy
- NMTA: Life in Antebellum America
- NMTA: Manifest Destiny
- NMTA: American Civil War
- NMTA: Reconstruction
- NMTA: Westward Expansion, Industrialization & Urbanization
- NMTA: American Imperialism
- NMTA: The Progressive Era
- NMTA: The Roaring 20s in America
- NMTA: The Great Depression
- NMTA: Post-War World
- NMTA: The Cold War
- NMTA: Protests, Activism & Civil Disobedience
- NMTA: The 1970s in America
- NMTA: America in the 1980s
- NMTA: America from 1992 to the Present
- NMTA: Introduction to Geography
- NMTA: Tools Used by Geographers
- NMTA: The Origin & Dispersal of Humans & Culture
- NMTA: Effects of Population on the Environment
- NMTA: Spatial Processes
- NMTA: Geography of Land Resources
- NMTA: Impacts of Humans on the Environment
- NMTA: Settlement Patterns
- NMTA: Ethnicity & Geography
- NMTA: Culture, Socialization & Social Interaction
- NMTA: Social Groups & Organizations
- NMTA: Basic Terms & Concepts of Political Science
- NMTA: Political Ideologies & Philosophy
- NMTA: The Study of American Government
- NMTA: Constitutional Democracy
- NMTA: Federalism in the United States
- NMTA: Civil Liberties
- NMTA: Civil Rights
- NMTA: Electoral Systems
- NMTA: Types of Legislatures in Government
- NMTA: The American Presidency
- NMTA: Congressional Powers & Representation
- NMTA: The Federal Judicial System
- NMTA: Foreign Policy
- NMTA: Consumer Economics
- NMTA: Personal Finance
- NMTA: Types of Business Organization
- NMTA: Scarcity, Choice & the Production Possibilities Curve
- NMTA: Demand, Supply & Market Equilibrium
- NMTA: Aggregate Demand & Supply
- NMTA: Measuring the Economy
- NMTA: Inflation Measurement & Adjustment
- NMTA: Understanding Unemployment
- NMTA: Macroeconomic Equilibrium
- NMTA: Inflation & Unemployment
- NMTA: Money, Banking & Financial Markets
- NMTA: Central Bank & the Money Supply
- NMTA Middle Grades Social Science Flashcards