Tennessee Economics Practice

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Scarcity and Economic Reasoning20%
Supply and Demand15%
Market Structures18%
The Role of Government15%
National Economic Performance10%
Money and the Role of Financial Institutions12%
  • Questions: 1,579
  • Two-Part Items: 18
  • Vocabulary Terms: 331
  • Performance Tasks: 102
  • Instructional Videos: 83

Test Standards

Scarcity and Economic Reasoning
1. (E.1 )  Productive Resources
2. (E.2, E.3)  Economic Fundamentals
3. (E.4, E.5)  Incentive & Exchange
4. (E.6, E.9)  Economic Systems
5. (E.7)  Property Rights
6. (E.8 )  Production Possibilities Curve
7. (E.10)  Economists
Supply and Demand
1. (E.11, E.16, E.17)  Supply & Demand
2. (E.18, E.21)  Changes In Supply & Demand
3. (E.12, E.14, E.13)  Buyers & Sellers
4. (E.15)  Profit Motive
5. (E.19, E.20)  Price Controls
6. (E.22)  Financial Markets
Market Structures
1. (E.23)  Business Organizations
2. (E.24, E.30)  Firms & Investment
3. (E.25)  Economic Institutions
4. (E.26)  Competition
5. (E.27,E.28,E.29)  Results Of Competition
6. (E.31)  Earnings & Wages
7. (E.32)  Role Of Entrepreneurs
The Role of Government
1. (E.33,E.34)  Public Goods & Services
2. (E.35,E.36)  Ensuring Competition
3. (E.37)  Taxation
4. (E.38)  Government Programs
5. (E.39)  Debt Research
6. (E.40,E.41)  Monetary & Fiscal Policy
7. (E.42)  The Federal Reserve
National Economic Performance
1. (E.43,E.44,E.48)  Measuring The Economy
2. (E.45)  History & Business Cycles
3. (E.46)  Inflation
4. (E.47)  The Nation's Economy
Money and the Role of Financial Institutions
1. (E.49)  Functions Of Money
2. (E.50)  Income Inequality
3. (E51,E.52)  The Money Supply
4. (E.53)  The Fed's Organization
1. (E.54,E.55,E.58)  Benefits Of International Trade
2. (E.56,E.57,E.61)  Trade Barriers & Free Trade
3. (E.59)  Developed & Developing Nations
4. (E.60)  Exchange Rates