Ch 115: NMTA Social Science: Demand, Supply & Market Equilibrium

About This Chapter

We can help you review what you need to know about demand, supply and market equilibrium as you prepare for the NMTA Social Science Exam. The video lessons and self-assessment quizzes give you two distinct ways of learning what you need to know so that you can correctly answer related questions on the test.

NMTA Social Science: Demand, Supply and Market Equilibrium - Chapter Summary

Use the lessons in this chapter as part of your review of the material on demand, supply and market equilibrium you need to know for the NMTA Social Science Exam. The videos give you thorough coverage of all the topics, including:

  • Market demand schedules
  • Market supply
  • Downward Sloping Demand Curve law
  • Upward-sloping supply curve

Our knowledgeable instructors guide you through each topic, pointing out the most important concepts, in preparation for the test. These lessons feature animations and illustrations to make your study preparation fun as well as lesson transcripts and easy review options to quickly reference key concepts.

Objectives of the NMTA Social Science: Demand, Supply and Market Equilibrium Chapter

The NMTA Social Science Exam is a standardized test that evaluates the breadth and depth of your knowledge in several areas of social science. Your score determines if you can be licensed as a teacher in the state of New Mexico. The topics in this chapter fall within the Economics content domain. This domain accounts for 12% of the test questions. You can check on how thoroughly you have mastered the relevant content by completing the self-assessment quizzes that come with the videos. These quizzes are also a good way for you to practice with the kinds of questions you'll see on the test.

The NMTA Social Science Exam is composed of 150 multiple-choice items. You will be presented with passages and questions, and each will be followed by several possible answers. You must pick the single correct answer.

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 Social Science (303): Practice & Study Guide course

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