Test Bank For Microeconomics, 14th edition By Michael Parkin

Description

PART 1: INTRODUCTION

1. What is Economics?
2. The Economic Problem

PART 2: HOW MARKETS WORK

3. Demand and Supply
4. Elasticity
5. Efficiency And Equity
6. Government Actions in Markets
7. Global Markets in Action

PART 3: HOUSEHOLDS’ CHOICES

8. Utility and Demand
9. Possibilities, Preferences, and Choices

PART 4: FIRMS AND MARKETS

10. Organizing Production
11. Output and Costs
12. Perfect Competition
13. Monopoly
14. Monopolistic Competition
15. Oligopoly

PART 5: MARKET FAILURE AND GOVERNMENT

16. Public Choices, Public Goods, and Healthcare
17. Externalities

PART 6: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

18. Markets for Factors of Production
19. Economic Inequality
20. Uncertainty and Information

PART 7: MONITORING MACROECONOMIC PERFORMANCE

21. Monitoring the Value of Production: GDP
22. Monitoring Jobs and Inflation

PART 8: MACROECONOMIC TRENDS

23. Economic Growth
24. Finance, Saving, and Investment
25. Money, the Price Level, and Inflation
26. The Exchange Rate and the Balance of Payments

PART 9: MACROECONOMIC FLUCTUATIONS

27. Aggregate Supply and Aggregate Demand
28. Expenditure Multipliers
29. The Business Cycle, Inflation, and Deflation

PART 10: MACROECONOMIC POLICY

30. Fiscal Policy
31. Monetary Policy