|
If you are looking for a study aid that deals with Microeconomics,
you've come to the right place. A large portion of the Business
Analysis module deals with questions and answers
regarding microeconomics -- an integral component of our proven
CMA Exam review system. Don't gamble with your future, give
yourself the CMA exam preparation you need.
 Practice
with a pack of more than 1,000 color-coded, ready-to-use flashcards
that are 100% current. These CMA flashcards have been researched
to cover the 2005 CMA exam content specifications. You will
receive a flashcard pack with individual cards, on the front are
the questions and on the back the answers. One of the most simple
yet practical methods to engage in and effective CMA Exam review.
If you're looking for a proven CMA exam review system -- don't
look any further. Virtually the most effective method to let you
review and prepare for the CMA Exam, we are so confident about
the superiority and value of our system compared to the competition,
we are willing to offer a 100% satisfaction guarantee.
The flashcards related to microeconomics will cover these topics:
- Factors Affecting the Individual Firm
- Three
fundamental economic systems, microeconomics vs. macroeconomics,
substitution effect vs. income effect, law of demand, determinants
of demand, normal vs. inferior goods, substitutes vs. complements,
demand schedule, change in quantity demanded vs. demand curve
shift, determinants causing a demand curve shift, price elasticity
of demand, price elasticity of supply, cross vs. income elasticity
of demand, determinants of supply, supply schedule, change in
quantity supplied vs. supply curve shift, determinants causing
a supply curve shift, economic rent, three types of mergers,
concentration ratio, short-run vs. long-run effect.
-
- Consumption of Goods
- Marginal revenue, marginal cost, marginal profit, marginal
product, marginal revenue product, utility theory, utility maximization,
two ways to measure utility, diminishing marginal utility, indifference
curves, budget constraint lines.
-
- Production Factors and Cost Functions
- Law of diminishing returns, fixed costs, variable costs, average
fixed costs, average variable costs, explicit costs, implicit
costs, opportunity costs, average total costs, economic costs,
degrees of returns to scale, long-run average cost curve, marginal
vs. average cost, economic vs. technical efficiency, economic
profit, accounting profit, normal profit, short-run supply curve.
-
- Market Structures and Pricing
- Main market structures, natural monopoly, kinked demand curve theory, price leadership, cartels.
-
- Economy as a System of Markets
- Equilibrium, price fixing, price ceiling, price floor, effect on equilibrium price of supply and demand
curve shifts, externality, nominal vs. real wages.
Save Money with our special offers and take advantage of a no-risk
proposition with our 100% Satisfaction Guarantee. The Tutorial Group
Flashcard Review System can save you hundreds of dollars off the cost of alternative
CMA exam review programs while providing one of the best investment you can
make in your future - a totally flexible and comprehensive CMA Exam Preparation.
|
