Competitive Colleges vs. Less Competitive Colleges. If you are not applying to extremely competitive colleges, a higher test score can probably do more to offset a weaker GPA. However, scoring well on tests doesnât mean you can completely forget about academics; your grades still need to be within or close to the average range for admitted students.
Principles of Microeconomics. Microeconomics is a branch of economics that studies of the behavior of households and firms, as well the supply and demand relationships between producers and consumers. The basic principles of microeconomics are The Nature and Functions of Product Markets, Factor Markets, and Market Failure and the Role of Government.
Principles of Economics/Economic Systems. The latest reviewed version was checked on 29 February 2016. There is 1 pending change awaiting review. Economics deals with the fundamental questions of why people produce, what they produce, and how much they produce. While one economy may depend on rice, another may need wheat to sustain its economy.