Test Bank for Economics: Principles, Applications and Tools : 0132925850

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Test Bank for Economics: Principles, Applications and Tools : 0132925850

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A Descriptive Test Bank for Economics: Principles, Applications and Tools By Arthur O'Sullivan, Steven Sheffrin, Stephen Perez ISBN-10: 0132925850 ISBN-13: 9780132925853

PART 1 Introduction and Key Principles
1 Introduction: What Is Economics?
2 The Key Principles of Economics
3 Exchange and Markets
4 Demand, Supply, and Market Equilibrium

PART 2 The Basic Concepts in Macroeconomics
5 Measuring a Nation’s Production and Income
6 Unemployment and Inflation

PART 3 The Economy in the Long Run
7 The Economy at Full Employment
8 Why Do Economies Grow?

PART 4 Economic Fluctuations and Fiscal Policy
9 Aggregate Demand and Aggregate Supply
10 Fiscal Policy
11 The Income-Expenditure Model
12 Investment and Financial Markets

PART 5 Money, Banking, and Monetary Policy
13 Money and the Banking System
14 The Federal Reserve and Monetary Policy

PART 6 Inflation, Unemployment, and Economic Policy
15 Modern Macroeconomics: From the Short Run to the Long Run
16 The Dynamics of Inflation and Unemployment
17 Macroeconomic Policy Debates

PART 7 The International Economy
18 International Trade and Public Policy
19 The World of International Finance

PART 8 A Closer Look at Demand and Supply
20 Elasticity: A Measure of Responsiveness
21 Market Efficiency and Government Intervention
22 Consumer Choice Using Utility Theory

PART 9 Market Structures and Pricing
23 Production Technology and Cost
24 Perfect Competition
25 Monopoly and Price Discrimination
26 Market Entry and Monopolistic Competition
27 Oligopoly and Strategic Behavior
28 Controlling Market Power: Antitrust and Regulation

PART 10 Externalities and Information
29 Imperfect Information: Adverse Selection and Moral Hazard
30 Public Goods and Public Choice
31 External Costs and Environmental Policy

PART 11 The Labor Market and Income Distribution
32 The Labor Market, Income, and Poverty
33 Unions, Monopsony, and Imperfect Information

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