Economics 7th Edition Hubbard Test Bank

PART I: INTRODUCTION

1. Economics: Foundations and Models

2. Trade-offs, Comparative Advantage, and the Market System

3. Where Prices Come From: The Interaction of Demand and Supply

4. Economic Efficiency, Government Price Setting, and Taxes

PART II: MARKETS IN ACTION: POLICY AND APPLICATIONS

5. Externalities, Environmental Policy, and Public Goods

6. Elasticity: The Responsiveness of Demand and Supply

7. The Economics of Health Care

PART III: FIRMS IN THE DOMESTIC AND INTERNATIONAL ECONOMIES

8. Firms, the Stock Market, and Corporate Governance

9. Comparative Advantage and the Gains from International Trade

PART IV: MICROECONOMIC FOUNDATIONS: CONSUMERS AND FIRMS

10. Consumer Choice and Behavioral Economics

11. Technology, Production, and Costs

PART V: MARKET STRUCTURE AND FIRM STRATEGY

12. Firms in Perfectly Competitive Markets

13. Monopolistic Competition: The Competitive Model in a More Realistic Setting

14. Oligopoly: Firms in Less Competitive Markets

15. Monopoly and Antitrust Policy

16. Pricing Strategy

PART VI: LABOR MARKETS, PUBLIC CHOICE, AND THE DISTRIBUTION OF INCOME

17. The Markets for Labor and Other Factors of Production

18. Public Choice, Taxes, and the Distribution of Income

PART VII: MACROECONOMIC FOUNDATIONS AND LONG-RUN GROWTH

19. GDP: Measuring Total Production and Income

20. Unemployment and Inflation

21. Economic Growth, the Financial System, and Business Cycles

22. Long-Run Economic Growth: Sources and Policies

PART VIII: SHORT-RUN FLUCTUATIONS

23. Aggregate Expenditure and Output in the Short Run

24. Aggregate Demand and Aggregate Supply Analysis

PART VIIII: MONETARY AND FISCAL POLICY

25. Money, Banks, and the Federal Reserve System

26. Monetary Policy

27. Fiscal Policy

28. Inflation, Unemployment, and Federal Reserve Policy

PART X: THE INTERNATIONAL ECONOMY

29. Macroeconomics in an Open Economy

30. The International Financial System