Microeconomics 12th Edition Arnold Test Bank

Microeconomics 12th Edition Arnold Test Bank

Product details:

• ISBN-10 ‏ : ‎ 1285738306
• ISBN-13 ‏ : ‎ 978-1285738307
• Author: Dr. Roger Arnold

Ever wonder why you have the number of friends that you do? Would a tax on soda really reduce obesity? What is going on with the financial problems in Greece? Is a tax rebate is better than a tax bonus? MICROECONOMICS, 12E answers these questions and many more as this book opens up the world of economic analysis. This edition offers more detailed coverage of the financial and economic crisis than any other microeconomics book of its kind on the market. Memorable examples from pop culture illustrate the unexpected places microeconomics occur and show how economic forces link to every day events. This edition offers complete video assets ideal for self-study. “Video Office Hours” digital lectures walk you through worked problems, while brief “Working with Diagrams” videos demonstrate key concepts in graphing that you can play and replay. A new Adaptive Test Prep Tool available on MindTap enables you to assess your personal economic understanding. Powerful digital resources, including Aplia and MindTap, work with the book’s latest content to reflect today’s changing economy and equip you with a thorough understanding of contemporary microeconomics.

Table contents:

PART I: INTRODUCTION: THINKING LIKE AN ECONOMIST
Chapter 1: Economics and Economic Reasoning
Chapter 2: The Production Possibility Model, Trade, and Globalization
Appendix: Graphish: The Language of Graphs
Chapter 3: Economic Institutions Appendix: The History of Economic Systems
Chapter 4: Supply and Demand
Chapter 5: Using Supply and Demand
Appendix: Algebraic Representation of Supply, Demand, and Equilibrium

PART II: MICROECONOMICS

THE POWER OF TRADITIONAL ECONOMIC MODELS
Chapter 6: Describing Supply and Demand: Elasticities
Chapter 7: Taxation and Government Intervention
Chapter 8: Market Failure versus Government Failure

INTERNATIONAL ECONOMIC POLICY ISSUES
Chapter 9: Comparative Advantage, Exchange Rates, and Globalization
Chapter 10: International Trade Policy

PRODUCTION AND COST ANALYSIS
Chapter 11: Production and Cost Analysis I
Chapter 12: Production and Cost Analysis II
Appendix: Isocost/Isoquant Analysis

MARKET STRUCTURE
Chapter 13: Perfect Competition
Chapter 14: Monopoly and Monopolistic Competition
Appendix: The Algebra of Competitive and Monopolistic Firms
Chapter 15: Oligopoly and Antitrust Policy
Chapter 15W: Politics and Economics: The Case of Agricultural Markets
Chapter 16: Real-World Competition and Technology

FACTOR MARKETS
Chapter 17: Work and the Labor Market
Appendix: Derived Demand Chapter 17W: Nonwage and Asset Income: Rents, Profits, and Interest Chapter 18: Who Gets What? The Distribution of Income

CHOICE AND DECISION MAKING
Chapter 19: The Logic of Individual Choice: The Foundation of Supply and Demand
Appendix: Indifference Curve Analysis
Chapter 20: Game Theory, Strategic Decision Making, and Behavioral Economics
Appendix: Game Theory and Oligopoly

MODERN ECONOMIC THINKING
Chapter 21: Thinking Like a Modern Economist
Chapter 22: Behavioral Economics and Modern Economic Policy
Chapter 23: Microeconomic Policy, Economic Reasoning, and Beyond

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