Microeconomics Principles and Policy 13th Edition Baumol Test Bank

Microeconomics Principles and Policy 13th Edition Baumol Test Bank

Product details:

• ISBN-10 ‏ : ‎ 130528061X
• ISBN-13 ‏ : ‎ 978-1305280618
• Author: William J. Baumol (Author), Alan S. Blinder (Author)

Master the principles of economics, and gain an understanding of current economic situations with the solid introduction and policy-based examples and applications found in MICROECONOMICS: PRINCIPLES AND POLICY, 13E. Written by two of the most respected economists in the world, this edition provides significant updates that reflect the latest economic situations and timely economic data. The authors combine the right level of rigor and detail to clarify even the most complicated concepts. A new chapter highlights U.S. economic leadership and assesses prospects for future U.S. growth based on strengths and weaknesses in key areas, such as productivity, innovation, entrepreneurship, health care, education, inequality, trade, the budget deficit, and climate change. Well-developed examples, intriguing puzzles and meaningful economic issues provide a good balance of theory to application.

Macroeconomics Principles and Policy 13th Edition Baumol Solutions Manual

Table contents:

PART I. GETTING ACQUAINTED WITH ECONOMICS.

1. What Is Economics?

2. The Use and Misuse of Graphs.

3. The Economy: Myth and Reality.

4. Scarcity and Choice: The Economic Problem.

5. Supply and Demand: An Initial Look.

PART II. THE BUILDING BLOCKS OF DEMAND AND SUPPLY.

6. Consumer choice: Individual and Market Demand.

7. Demand and Elasticity.

8. Production, Inputs, and Cost: Building Blocks for Supply Analysis.

9. Output, Price, and Profit: The Importance of Marginal Analysis.

PART III. MARKETS, FROM COMPETITION TO MONOPOLY: VIRTUES AND VICES.

10. The Firm and the Industry under Perfect Competition.

11. The Price System and the Case for Free Markets.

12. Monopoly.

13. Between Competition and Monopoly.

14. The Market Mechanism: Shortcomings and Remedies.

15. Microeconomics of Innovation: Prime Engine of Growth.

16. Real Firms and Their Financing: Stocks and Bonds.

PART IV. THE DISTRIBUTION OF INCOME.

17. Pricing and the Factors of Production.

18. Labor: The Human Input.

19. Poverty, Inequality, and Discrimination.

PART V. THE GOVERNMENT AND THE ECONOMY.

20. Limiting Market Power: Regulation and Antitrust.

21. Taxation and Resource Allocation.

22. Externalities, the Environment, and Natural Resources.

23. International Trade and Comparative Advantage.

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