What This Document Is
This is a past midterm examination for Introduction to Economics (ECON 1) at the University of California, Berkeley. It’s designed to assess your understanding of core economic principles as applied to historical contexts, specifically focusing on the economic development of the United States during the late 19th and early 20th centuries. The exam tests not only your knowledge of economic terminology but also your ability to apply economic models and concepts to analyze real-world events.
Why This Document Matters
This resource is invaluable for students currently enrolled in or preparing for similar introductory economics courses, particularly those with a historical focus. It’s especially helpful for understanding the types of questions and analytical skills expected on assessments. Reviewing this exam can help you identify areas where your understanding might need strengthening and refine your test-taking strategies. It’s best utilized as part of a comprehensive study plan, after you’ve engaged with course lectures, readings, and practice problems.
Topics Covered
* Economic History of the United States (1870-1933)
* Industrialization and Economic Growth
* Market Structures and Antitrust Legislation
* Labor Economics and Immigration
* Economic Models and their Historical Application
* The Great Depression (1929-1933)
* Government Intervention in the Economy
* Education and Economic Development
What This Document Provides
* A variety of question types, including paired identification, table/graph interpretation, and essay questions.
* Opportunities to practice defining key economic terms and concepts.
* Examples of how economic principles can be used to explain historical phenomena.
* Insight into the level of analytical thinking and writing expected in the course.
* A framework for understanding the relationship between economic theory and historical events.
* A glimpse into the types of data and sources used in economic historical analysis.
