Foundations of Economics 8th Edition Bade Test Bank

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Foundations of Economics 8th Edition Bade Test Bank.

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Product details:

  • ISBN-10 ‏ : ‎ 0134486811
  • ISBN-13 ‏ : ‎ 978-0134486819
  • Author: Robin BadeMichael Parkin

Foundations of Economics, 8th Edition introduces readers to the economic principles they can use to navigate the financial decisions of their futures. Each chapter concentrates on a manageable number of ideas, usually 3 to 4, with each reinforced several times throughout the text. This patient approach helps guide individuals through unfamiliar terrain and focus them on the most important concepts.

The text does four core things to help readers grasp and apply economic principles: it motivates with compelling issues and questions, focuses on core ideas, offers concise points, and encourages learning with activities and practice questions. After completing this text, readers will have the foundational knowledge of how the economy works and can apply it to their lives going forward.

Table of contents:

Part 1: Introduction

1. Getting Started

2. The U.S. and Global Economies

3. The Economic Problem

4. Demand and Supply

Part 2: A Closer Look at Markets

5. Elasticities of Demand and Supply

6. Efficiency of Fairness and Markets

Part 3: How Governments Influence the Economy

7. Government Actions in Markets

8. Taxes

9. Global Markets in Action

Part 4: Market Failures and Public Policy

10. Externalities

11. Public Goods and Common Resources

12. Private Information and Healthcare Markets

Part 5: A Closer Look At Decision Makers

13. Consumer Choice and Demand

14. Production and Cost

Part 6: Prices, Profits, and Industry Performance

15. Perfect Competition

16. Monopoly

17. Monopolistic Competition

18. Oligopoly

Part 7: Incomes and Inequality

19. Markets for Factors of Production

20. Economic Inequality

Part 8: Monitoring the Macroeconomy

21. GDP: A Measure Of Total Production and Income

22. Jobs and Unemployment

23. The CPI and the Cost of Living

Part 9: The Real Economy

24. Potential GDP and the Natural Unemployment Rate

25. Economic Growth

26. Finance, Saving, and Investment

Part 10: The Money Economy

27: The Monetary System

28: Money, Interest, and Inflation

Part 11: Economic Fluctuations

29. Aggregate Supply and Aggregate Demand

30. Aggregate Expenditure Multiplier

31. The Short-Run Policy Tradeoff

Part 12: Macroeconomic Policy

32. Fiscal Policy

33. Monetary Policy

34. International Finance

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