Author : ExamREVIEW
Publisher :
ISBN 13 : 9781479298136
Total Pages : 124 pages
Book Rating : 4.2/5 (981 download)
Book Synopsis CLEP Micro and Macro Economics ExamFOCUS Study Notes 2012 by : ExamREVIEW
Download or read book CLEP Micro and Macro Economics ExamFOCUS Study Notes 2012 written by ExamREVIEW and published by . This book was released on 2012-09-12 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Principles of Microeconomics exam covers material usually taught in a one-semester undergraduate course in introductory microeconomics, which deals with the principles of economics that apply to the analysis of the behavior of individual consumers and businesses. The Principles of Macroeconomics exam covers material that applies to an economy as a whole. We believe that the two exams share many common topics, that it makes better sense to combine the two into one for exam prep purpose. You should study both together before attempting to clear any one of them. This book has a special drill section using the latest economic events to demonstrate some of the most important topics on modern macroeconomics. Below shows the book TOC: MICRO AND MACRO ECONOMICS 5 ECONOMICS DEFINED 5 MICRO VS MACROECONOMICS 5 OPPORTUNITY COST 6 SPECIALIZATION, COMPARATIVE ADVANTAGE AND ABSOLUTE ADVANTAGE 7 PRODUCTION POSSIBILITY FRONTIER 8 MARKET DEFINED 8 FIRMS IN A MARKET 9 DEMAND VS QUANTITY DEMANDED, AND ELASTICITY 10 SUPPLY VS QUANTITY SUPPLIED 11 DEMAND, SUPPLY AND EQUILIBRIUM 11 CONSUMERS' DEMAND VS COSTS OF PRODUCTION 12 EQUILIBRIUM VS DISEQUILIBRIUM 12 MOVEMENT ALONG THE CURVES VS SHIFTING OF THE CURVES VS ELASTICITY 13 MARGINAL COST VS MARGINAL REVENUE 14 THE DECISION TO QUIT OR SHUTDOWN 15 AGGREGATE DEMAND AND AGGREGATE SUPPLY 15 CONSUMER EQUILIBRIUM, UTILITY AND SURPLUS 16 THE WEALTH EFFECT, THE INTEREST RATE EFFECT AND THE NET EXPORTS EFFECT 17 ECONOMIC PROFITS 18 CLASSICAL THEORY VS KEYNESIAN THEORY 18 DIFFERENT MARKET STRUCTURES 19 MONOPOLY 20 PERFECT COMPETITION 20 OLIGOPOLY AND MONOPOLISTIC COMPETITION 21 MARKET POWER VS PRICE TAKING 22 ECONOMIES OF SCALE 22 THE LAW OF DIMINISHING MARGINAL UTILITY 23 MONETARY POLICY VS FISCAL POLICY 23 EXPANSIONARY VS CONTRACTIONARY FISCAL POLICY 25 SIDE EFFECTS OF FISCAL POLICY 26 ECONOMIC GROWTH, INFLATION AND CPI 26 BALANCE OF PAYMENTS AND BALANCE OF TRADE 27 MONEY, MONEY SUPPLIES AND DEPOSIT EXPANSION 28 M1, M2 AND M3 30 FOREIGN EXCHANGE 30 FX RATES 31 SWAPS 33 LIBOR 33 PRIME RATE 33 CURRENCY OPTION 34 ECONOMIC INDICATORS 34 GOVERNANCE 35 GAAP, FASB AND SFAS 37 BODIES, ACTS AND REGULATIONS 39 MORTGAGE 42 FINANCIAL THEORY, DEFINITIONS AND TRENDS 44 AGENCY THEORY 47 ETHICS 47 SOCIAL RESPONSIBILITY 50 OVERVIEW OF INTERNATIONAL TRADE AND GLOBALIZATION 50 COMPARATIVE ADVANTAGE AND THE BALANCE OF TRADE 51 FACTORS OF PRODUCTION AND THE COST CURVES 52 THE LABOR MARKET 53 UNEMPLOYMENT 55 FACTORS OF PRODUCTION AND INTERNATIONAL TRADE 55 REGIONALISM 57 TARIFFS, DUTIES AND DRAWBACK 58 TRADE BARRIER AND TRADE WAR 60 ANTI-BOYCOTT 61 SECURITY MEASURES 61 EXPORT CREDIT INSURANCE AND OTHER HELPFUL RESOURCES 62 SED AND AES 63 LEGAL AND POLITICAL ENVIRONMENTS 63 INTERNATIONAL BODIES AND EFFORTS 65 FAIR TRADE 72 COSTS AND COST BEHAVIOR 72 COST ESTIMATION 74 COST CONTINGENCY 76 COST VOLUME PROFIT ANALYSIS 77 PERFORMANCE MEASUREMENT AND ROI 78 COST OVERRUN VS COST ESCALATION 79 LIABILITY RISK AND MANAGEMENT 80 FLOAT 82 COMMERCIAL PAPER 82 LINE OF CREDIT 83 RISK FINANCING 83 CASH CONVERSION CYCLE 84 DU PONT ANALYSIS 84 WORKING CAPITAL MANAGEMENT 85 WACC 86 LEVERAGE 86 EVA 88 CREDIT ANALYSIS 88 OPEN-BOOK CREDIT VS DSO 89 ACCOUNTS RECEIVABLE 90 FACTORING AND FORFAITING 90 ASSET-BASED LENDING 91 INVOICE DISCOUNTING 91 PAYMENT NETWORKS AND PROCESSES 91 PAYMENT INSTRUMENTS 94 NET SETTLEMENT AND GROSS SETTLEMENT 97 REINVOICING AND TRANSFER-PRICING 97 INVENTORY MANAGEMENT 98 CAPITAL STOCK 99 CAPITAL MARKET 99 CAPITAL STRUCTURE CONCEPTS AND MODELS 100 INVESTMENT EVALUATION METHODS 101 NPV 102 IRR 102 OTHER RELEVANT CONCEPTS 103 SPECIAL DRILL ON SIGNIFICANT ECONOMIC EVENTS AND ISSUES 107 MONETARY POLICY 107 OPEN MARKET OPERATIONS, DISCOUNT RATES AND RESERVE REQUIREMENTS 111 THE EUROZONE DEBT CRISIS 114 INTEREST RATES, BOND PRICES, YIELDS AND CREDIT RATINGS 116 NATIONAL DEBT, BORROWING LIMITS AND RATING DOWNGRADE 117 DEPRESSION, RECESSION AND DEFLATION 119 SUBPRIME CRISIS 120 QUANTITATIVE EASING AND OPERATION TWIST 122
