Economics for Today Asia Pacific 4th Edition Layton Test Bank

Economics for Today Asia Pacific 4th Edition Layton Test Bank

Product details:

• ISBN-10 ‏ : ‎ 0170190854
• ISBN-13 ‏ : ‎ 978-0170190855
• Author: Allan Layton (Author), Tim Robinson (Author), Irvin B. Tucker (Author)

The book aims to simplify the array of confusing economic analyses and present a straightforward and balanced approach that effectively teaches the application of basic economics principles. Only essential material is included in the book and key concepts are explained in clear and simple terms. Written in an engaging and user-friendly manner, the book is designed for non-majors (although can also be used in these courses)

Table contents:

Part 1: Introduction to economics

1. Thinking like an economist

Appendix to Chapter 1: Applying graphs to economics

2. Production possibilities and opportunity cost

3. Market demand and supply

4. Markets in action

Part 2: Microeconomic fundamentals

5. Elasticity of demand and supply

6. Production costs

Part 3: Market structures

7. Perfect competition

8. Monopoly

9. Monopolistic competition and oligopoly

10. Policy issues: Resource taxes and climate change (NEW CHAPTER)

Part 4: Macroeconomic fundamentals

11. Measuring the size of the economy

12. Business cycles and economic growth

13. Inflation and unemployment

Part 5: Macroeconomic theory and policy

14. A simple model of the macro economy

ONLINE Appendix to Chapter 14 – Further on the aggregate demand-output model: The Keynesian Cross

15. The monetary and financial system

ONLINE Appendix to Chapter 15 – Other key financial markets

16. Macroeconomic policy I: monetary policy

17. Macroeconomic policy II: fiscal policy

Part 6: Further aspects of international economics

18. International trade and finance

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