Changes

[[Liberals]] like to emphasize the concept of [[public good]]s on exams in order to support the argument for more government.  Under this view [[public good]]s represent market failure and the need for government services supported by taxes.

[[Liberals]] like to emphasize the concept of [[public good]]s on exams in order to support the argument for more government.  Under this view [[public good]]s represent market failure and the need for government services supported by taxes.

==Test-taking Techniques in Economics==

==Final Tips on Test-taking in Economics==

Good test-taking techniques are particularly important to doing well on an economics exam.  Simple questions are often intentionally disguised as something more complicated.  It is easy to become confused and misguided in analyzing economic issues.  99% of the public would say that we would be better off if Congress put a price ceiling or cap on gasoline at $1.50 a gallon.  It takes a bit more thought to realize that massive shortages would result, and we would all have to waste hours each week waiting in line for gasoline.  Some who really need gas in hurry, such as people trying to take someone to a hospital, may not be able to obtain gas in time.

Good test-taking techniques are particularly important to doing well on an economics exam.  Simple questions are often intentionally disguised as something more complicated.  It is easy to become confused and misguided in analyzing economic issues.  99% of the public would say that we would be better off if Congress put a price ceiling or cap on gasoline at $1.50 a gallon.  It takes a bit more thought to realize that massive shortages would result, and we would all have to waste hours each week waiting in line for gasoline.  Some who really need gas in hurry, such as people trying to take someone to a hospital, may not be able to obtain gas in time.