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CMA Review Courses - Textbook Features

Exclusive, Comprehensive Textbooks

The Rigos texts used in the course thoroughly and comprehensively cover all subject areas of the exam. Over 5,000 of the best previous 4-stemmed multiple-choice exam questions with complete solutions are included. Our exclusive exam-oriented memory tips, acronyms, skeletons and summary outlines will boost your learning curve.

Award-Winning Material

The Rigos system will teach you the "solution approach" which will maximize your exam scores. Skeletons / Acronyms such as the example below, represent a preformatted way to accomplish the "solution approach". This ensures an accurate, well-organized solution covering all relevant principles. An acronym for the characteristics of a monoply (BUGSS) is:

B - Blocked Entry: Industry entrance is closed because of natural conditions or governmental directive. By definition this leads to only one supplier in a given market.
U - Unique Product Without Substitute: There are no close alternatives that are viable for most consumers. Examples include a city's water supply.
G - Goodwill Advertising: Advertising may be used for goodwill purposes. Advertising is also used to convert buyers from a substitute good (electricity vs. natural gas vs. coal).
S - Single Firm in Industry: Only one player is at the table in a given market. This high market concentration may mean there is little incentive for a business to innovate, introduce new products, or find and implement new cost-savings technologies; efficiency is not usually maximized.
S - Significant Ability to Set Prices: A monopolist can implement different business plans by varying prices. The demand curve may be highly inelastic. As compared to pure competition, monopolists usually charge a higher price and produce a lower rate of output.

Magic Memory Outlines

Our topical Magic Memory Outlines are now also available as templates. Rigos is the only course in the world that offers outlining templates which students use to create their own personal outlines of the subjects. The student summarizes and synthesizes the textual material in their own words. This transfers the information from the book to the student's mind and personalizes the knowledge base. For students who have prepared outlines to condense vast amounts of material in college, these templates are extremely effective. The Magic Memory Outline templates are a free addition to the textbook material.

The following is a partial example of our Magic Memory Outlines:

RIGOS CMA/CFM REVIEW
PART 1 - CHAPTER 1
INTRODUCTION AND MICROECONOMICS

Magic Memory Outline


I. INTRODUCTION
  A. Welcome to Rigos CMA/CFM Program
  B. CMA/CFM Exam Coverage of Part 1 Topics
  C. Textual Coverage Guide
  D. Adam Smith Resource Allocations
  E. Basic Economic Systems and Decisions
    1. Traditional System
    2. Command System
    3. Capitalism
      a. Consumer Votes
      b. Production Costs
      c. Efficiency and GDP
    4. Mixed Systems
  F. Free Market Decisions
    1. What to Produce
    2. How to Produce It
    3. How Much to Produce
    4. What Price to Charge
    5. Ownership Structure
  G. Production Possibilities Curve
II. DEMAND CURVE ANALYSIS
  A. Utility and Consumers Demand
    1. Dollar Votes
    2. Savings Utility
  B. Marginal Utility Theory
    1. The Law of Diminishing Marginal Utility
    2. Utility Maximization
  C. Indifference Curve Analysis
    1. The Marginal Rate of Substitution
    2. The Budget Line
    3. Maximization of Consumer Satisfaction
  D. Basic Demand Curve Features
    1. General Considerations
    2. Demand Curve Shift
      a. Cause of Change in Quantity Demanded
      b. Causes of Change in Demand
      c. Direction of Shift
  E. Elasticity of Demand
    1. Elastic Demand
    2. Inelastic Demand
    3. Unitary Demand
    4. Price Elasticity of Demand
      a. Change in Quantity
      b. Change in Price
      c. Graph
    5. Income Elasticity of Demand
      a. Normal Good
      b. Inferior Good
    6. Cross Elasticity of Demand
      a. Substitute Goods
      b. Complementary Goods
    7. Increase in Price or Income
III. SUPPLY CURVE ANALYSIS
  A. Basic Supply Curve Features
    1. General Considerations
    2. Supply Curve Shift
      a. Cause of Change in Quantity Supplied
      b. Causes of Change in Supply
      c. Direction of Shift
  B. Elasticity of Supply
    1. Elasticity Measurement
    2. Determinants

This outline may be opened in any word processing program and edited to personalize the outline into your final review notes for the exam.

Last updated on 7/22/2011 4:40:53 PM