REA's Test Prep Books Are The Best!; Title Page; Copyright Page; About the Author; Author Acknowledgments; About Research & Education Association; Acknowledgments; Table of Contents; CLEP PRINCIPLES OF MICROECONOMICS Independent Study Schedule; INTRODUCTION -- PASSING THE CLEP PRINCIPLES OF MICROECONOMICS EXAM; BASIC ECONOMIC CONCEPTS REVIEW; KEY TERMS:; ECONOMIC FOUNDATIONS; ECONOMIC METHODOLOGY; ORIGINS OF SUPPLY; ORIGINS OF DEMAND; THE NATURE AND FUNCTION OF PRODUCT MARKETS; CIRCULAR FLOW MODEL; CLEP MICROECONOMICS COURSE REVIEW; KEY TERMS:; THE NATURE AND FUNCTIONS OF PRODUCT MARKETS.;CLEP - An easier path to a college degree. Get college credits without the classes. CLEP PRINCIPLES OF MICROECONOMICS Based on today's official CLEP exam Are you prepared to excel on the CLEP? * Take the first practice test to discover what you know and what you should know * Set up a flexible study schedule by following our easy timeline * Use REA's advice to ready yourself for proper study and success Study what you need to know to pass the exam * The book's on-target subject review features coverage of all topics on the official CLEP exam, encompassing the principles of economics that apply to the analysis of the behavior of individual consumers and businesses in the economy. * Smart and friendly lessons reinforce necessary skills * Key tutorials enhance specific abilities needed on the test * Targeted drills increase comprehension and help organize study Take Practice Tests * Create the closest experience to test-day conditions with 2 full-length practice tests * Chart your progress with full and detailed explanations of all answers * Boost your confidence with test-taking strategies and experienced advice REA is the acknowledged leader in CLEP preparation, with the most extensive library of CLEP titles and software available. Most titles are also offered with REA's exclusive TestWare software to make your practice more effective and more like exam day. REA's CLEP Prep guides will help you get valuable credits, save on tuition, and advance your chosen career by earning a college degree.