Ch 113: NMTA Social Science: Introduction to Economics

About This Chapter

This Introduction to Economics chapter provides a comprehensive review of basic economics topics as you study for the NMTA Social Science Exam. These video lessons and self-assessment quizzes come together to give you multiple ways of learning the correct answers for the test.

NMTA Social Science: Introduction to Economics - Chapter Summary

The lessons contained in this chapter can assist you as you review introductory economics material you studied in college as part of your preparation for the NMTA Social Science Exam. The videos discuss all the important points you need to know including:

  • Types of economics
  • Microeconomics
  • Macroeconomics
  • Capitalism and limitations of the free market

Our instructors have the expertise to guide you through all the elements of introductory economics to help you get ready for the test. Using self-assessment quizzes coupled with the video lessons ensures that the process of studying is effective and enjoyable.

NMTA Social Science: Introduction to Economics - Chapter Objectives

The NMTA Social Science Exam is a comprehensive test of your knowledge of several areas within social science: historiography and world history, US history, geography and culture, government and economics. Passing the test is part of the certification process to become licensed as a teacher in the state of New Mexico. The topics in this Introduction to Economics chapter fall within the Economics content domain which makes up 12% of the test questions. You can gain practice with these types of questions by completing the self-assessment quizzes that come with the video lessons and, at the same time, check on your mastery of the material you need to know.

This is a computer-based-test with 150 multiple-choice items. You will need to read passages or questions, and then select the single best answer from several that are shown to you.

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