ECO 365 Final Examination Study Guidewith answer key

This study guide prepares you for the Final Examination you complete in the last week of the course. It contains practice questions, which are related to each week's objectives. Highlight the correct response, and then refer to the answer key at the end of this Study Guide to check your answers.

Use each week's questions as a self-test at the start of a new week to reflect on the previous week's concepts. When you come across concepts that you are unfamiliar with, refer to the Student Guide for that particular week.

Week One: Fundamentals of Microeconomics

Objective: Differentiate between macroeconomics and microeconomics.

1. Macroeconomics is

a. the study of individual choice and how that choice is influenced by economic...