Principles of Economics 7th Edition Gregory Mankiw Test Bank

Principles of Economics 7th Edition Gregory Mankiw Test Bank

Product details:

• ISBN-10 ‏ : ‎ 128516587X
• ISBN-13 ‏ : ‎ 978-1285165875
• Author:  N. Gregory Mankiw

With its clear and engaging writing style, PRINCIPLES OF ECONOMICS, Seventh Edition, continues to be the most popular and widely-used economics textbook among today’s students. Mankiw emphasizes material that you are likely to find interesting about the economy (particularly if you are studying economics for the first time), including real-life scenarios, useful facts, and the many ways economic concepts play a role in the decisions you make every day. “I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy.”–N. Gregory Mankiw.

Principles of Economics 7th Edition Gregory Mankiw Solutions Manual

Table contents:

Part I: Introduction
1. Ten lessons from economics
2. Thinking like an economist
3. Interdependence and the gains from trade

Part 2: Supply and demand I: How markets work
4. The market forces of supply and demand
5. Elasticity and its application
6. Supply, demand and government policies

Part 3: Supply and demand II: Markets and welfare
7. Consumers, producers and the efficiency of markets
8. Application: The costs of taxation
9. Application: International trade

Part 4: The economics of the public sector
10. Externalities
11. Public goods and common resources
12. The design of the tax system

Part 5: Firm behaviour and the organisation of industry
13. The costs of production
14. Firms in competitive markets
15. Monopoly
16. Monopolistic competition
17. Oligopoly and business strategy
18. Competition policy

Part 6: The economics of labour markets
19. The markets for the factors of production
20. Earnings, unions and discrimination
21. Income inequality and poverty

Part 7: Topics for further study
22. The theory of consumer choice
23. Frontiers of microeconomics

Part 8: The data of macroeconomics
24. Measuring a nation’s income
25. Measuring the cost of living

Part 9: The real economy in the long run
26. Production and growth
27. Saving, investment and the financial system
28. The natural rate of unemployment

Part 10: Money and prices in the long run
29. The monetary system
30. Inflation: Its causes and costs

Part 11: The macroeconomics of open economies
31. Open-economy macroeconomics: Basic concepts
32. A macroeconomic theory of the open economy

Part 12: Short-run economic fluctuations
33. Aggregate demand and aggregate supply
34. The influence of monetary and fiscal policy on aggregate demand
35. The short-run trade-off between inflation and unemployment
36. Global Financial Crisis 2008 and beyond

Part 13: Final thoughts
37. Five debates over macroeconomic policy

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