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Basic Economic Concepts
Measurement of Economic Performance
National Income and Price Determination
Financial Sector
Inflation, Unemployment, and Stabilization Policies
Economic Growth and Productivity
Open Economy: International Trade and Finance

Principles of Macroeconomics
 Basic Economic Concepts

Description
The following are among the topics covered in this section:
  • Scarcity, choice, and opportunity costs
  • Production possibilities curve
  • Comparative advantage, specialization, and exchange
  • Demand, supply, and market equilibrium

Getting Started
We recommend you first take a practice quiz on this section to identify areas to focus your study on.  The available resources listed below can then be more effectively used to review and expand you knowledge in those specific areas you need.
Quiz1 Take a quick quiz
Quiz2

Available Resources
Note - These are open web resources identified and provided by students and for the students.  The students rate them from most useful to least useful. They are not created, published, managed or copyrighted by Avatar Virtual Learning and we do not take responsibility for them or guarentee their availability.  Students are advised to follow safe web actions when using any of these resources.

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NANone Currently Available