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Economics Test, Modified Exam and Review (Unit Four)

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91 KB|4 pages
Product Description
This Unit Assessment pack includes a test, modified exam (to be used for differentiation) and a Review to be completed by students. The topics that this Assessment pack addresses are listed below:

Demand
Need vs. Want
Impact of Price
Impact of Quantity
Law of Demand
Inverse relationships
Elasticity of Demand
Inelastic Demand
Law of Supply
Fixed Costs
Variable Costs
Outsourcing
Elasticity of Supply
Inelastic Supply
Normal Good
Market Demand Curve
Total Revenue
Substitution Effect
Law of Diminishing Marginal Utility
Marginal Cost
Labor Productivity
Profit Maximizing Output


Note: the test provided is an essay test/exam, allowing students to choose from a list of questions to respond to, relating to the topics listed above. This is generally the fourth unit that I teach in Economics.
Total Pages
4
Answer Key
N/A
Teaching Duration
N/A
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