Microeconomics 20th Edition McConnell Test Bank

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Microeconomics 20th Edition McConnell Test Bank.

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Product details:

  • ISBN-10 ‏ : ‎ 0021403236
  • ISBN-13 ‏ : ‎ 978-0021403233
  • Author: Campbell R. McConnell (Author), Stanley L. Brue (Author), Sean Masaki Flynn Dr. (Author)

Economics remains the leading text for AP Macroeconomics and AP Microeconomics courses. The authors 40 years of teaching success is reflected in the clear treatment of economics concepts, balanced coverage, and patient explanations. Streamlined to focus on AP content with easy visual clues to separate microeconomic and macroeconomic coverage. The digital resources have been updated to help you deliver instruction aligned to the new curriculum Framework. The course dashboard aggregates a variety of resources, including the updated Teacher Manual, updated Correlations, and a direct link to the new College Board Course and Exam Description, essential to meeting the new standards. Print student edition textbook.

Table of contents:

pt. 1. Introduction to economics and the economy. Limits, alternatives, and choices

The market system and the circular flow

pt. 2. Price, quantity, and efficiency. Demand, supply, and market equilibrium

Market failures: public goods and externalities

Government’s role and government failure

pt. 3. Consumer behavior. Elasticity

Utility maximization

Behavioral economics

pt. 4. Microeconomics of product markets. Businesses and the costs of production

Pure competition in the short run

Pure competition in the long run

Pure monopoly

Monopolistic competition and oligopoly

pt. 5. Microeconomics of resource markets and government. The demand for resources

Wage determination

Rent, interest, and profit

Natural resource and energy economics

Public finance: expenditures and taxes

pt. 6. Microeconomic issues and policies. Antitrust policy and regulation

Agriculture: economics and policy

Income inequality, poverty, and discrimination

Health care

Immigration

pt. 7. International economics. International trade

The balance of payments, exchange rates, and trade deficits.

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