Essential Foundations of Economics 7th Edition Bade Test Bank

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Product details:

• ISBN-10 ‏ : ‎ 0133462544
• ISBN-13 ‏ : ‎ 978-0133462548
• Author: Robin Bade (Author), Michael Parkin (Author)

To help students focus on the most important concepts–and effectively practice application of those concepts–Essential Foundations of Economics is structured around a Checklist/Checkpoint system. The result is a patient, confidence-building program that prepares students to use economics in their everyday lives, regardless of what their future career will be.

Table of contents:

PART 1: INTRODUCTION

1. Getting Started
2. The US 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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