Test Bank For Economics Updated Edition, 8th Edition Glenn Hubbard

Description

PART 1: INTRODUCTION

1. Economics: Foundations and Models

• Appendix: Using Graphs and Formulas

2. Trade-offs, Comparative Advantage, and the Market System
3. Where Prices Come From: The Interaction of Demand and Supply
4. Economic Efficiency, Government Price Setting, and Taxes

• Appendix: Quantitative Demand and Supply Analysis

PART 2: MARKETS IN ACTION: POLICY AND APPLICATIONS

5. Externalities, Environmental Policy, and Public Goods
6. Elasticity: The Responsiveness of Demand and Supply
7. The Economics of Health Care

PART 3: FIRMS IN THE DOMESTIC AND INTERNATIONAL ECONOMIES

8. Firms, the Stock Market, and Corporate Governance

• Appendix: Present Value
• Online Appendix: Tools to Analyze Firms’ Financial Information

9. Comparative Advantage and the Gains from International Trade

PART 4: MICROECONOMIC FOUNDATIONS: CONSUMERS AND FIRMS

10. Consumer Choice and Behavioral Economics

• Appendix: Using Indifference Curves and Budget Lines to Understand Consumer Behavior

11. Technology, Production, and Costs

• Online Appendix: Using Isoquants and Isocost Lines to Understand Production and Cost

PART 5: MARKET STRUCTURE AND FIRM STRATEGY

12. Firms in Perfectly Competitive Markets
13. Monopolistic Competition: The Competitive Model in a More Realistic Setting
14. Oligopoly: Firms in Less Competitive Markets
15. Monopoly and Antitrust Policy

PART 6: LABOR MARKETS, PUBLIC CHOICE, AND THE DISTRIBUTION OF INCOME

16. The Markets for Labor and Other Factors of Production
17. Public Choice, Taxes, and the Distribution of Income

PART 7: MACROECONOMIC FOUNDATIONS AND LONG-RUN GROWTH

18. GDP: Measuring Total Production and Income
19. Unemployment and Inflation
20. Economic Growth, the Financial System, and Business Cycles
21. Long-Run Economic Growth: Sources and Policies

PART 8: SHORT-RUN FLUCTUATIONS

22. Aggregate Expenditure and Output in the Short Run

• Appendix: The Algebra of Macroeconomic Equilibrium

23. Aggregate Demand and Aggregate Supply Analysis

• Appendix: Macroeconomic Schools of Thought

PART 9: MONETARY AND FISCAL POLICY

24. Money, Banks, and the Federal Reserve System
25. Monetary Policy
26. Fiscal Policy

• Appendix: A Closer Look at the Multiplier

27. Inflation, Unemployment, and Federal Reserve Policy

PART 10: THE INTERNATIONAL ECONOMY

28. Macroeconomics in an Open Economy