Economics Test-Study Guide
Matching section (total of 15 questions, 1 point each): will involve the following topics

Economics
Scarcity
Opportunity Costs
Traditional Economy
Command Economy
Market Economy
Mixed Economy
Demand
Supply
Market
Equilibrium Price
Tariff
Excise Tax
Direct Tax
Progressive Tax
Graphing Section (3 graphs for a total of 5 points): Need to create
1.	a supply graph.
2.	a demand graph.
3.	a combined graph showing equilibrium price.

Supply-demand assumptions (total of 5 for 1 point each): 
	You will need to know what happens to prices as supply and/or demand changes. 

Tax Form (worth 25 points):
You will need to be able to completely fill out a 1040EZ form for single worker living on their own with no children or other taxable income other than W-2 form.