Principles of Economics 7th Edition Frank Test Bank

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Product Details:

• ISBN-10 ‏ : ‎ 1259852067
• ISBN-13 ‏ : ‎ 978-1259852060
• Author:   Robert Frank (Author), Ben Bernanke (Author), Kate Antonovics (Author), Ori Heffetz (Author)

Principles of Economics, 7th Edition, provides a deeper understanding of economics by eliminating overwhelming detail and focusing on seven core principles that are reinforced and illustrated throughout the text.
With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become “economic naturalists:” people who employ basic economic principles to understand and explain what they observe in the world around them.

Table of Content:

• Chapter 1: Economics: The Study of Choice
• Chapter 2: Confronting Scarcity: Choices in Production
• Chapter 3: Demand and Supply
• Chapter 4: Applications of Demand and Supply
• Chapter 5: Elasticity: A Measure of Response
• Chapter 6: Markets, Maximizers, and Efficiency
• Chapter 7: The Analysis of Consumer Choice
• Chapter 8: Production and Cost
• Chapter 9: Competitive Markets for Goods and Services
• Chapter 10: Monopoly
• Chapter 11: The World of Imperfect Competition
• Chapter 12: Wages and Employment in Perfect Competition
• Chapter 13: Interest Rates and the Markets for Capital and Natural Resources
• Chapter 14: Imperfectly Competitive Markets for Factors of Production
• Chapter 15: Public Finance and Public Choice
• Chapter 16: Antitrust Policy and Business Regulation
• Chapter 17: International Trade
• Chapter 18: The Economics of the Environment
• Chapter 19: Inequality, Poverty, and Discrimination
• Chapter 20: Macroeconomics: The Big Picture
• Chapter 21: Measuring Total Output and Income
• Chapter 22: Aggregate Demand and Aggregate Supply
• Chapter 23: Economic Growth
• Chapter 24: The Nature and Creation of Money
• Chapter 25: Financial Markets and the Economy
• Chapter 26: Monetary Policy and the Fed
• Chapter 27: Government and Fiscal Policy
• Chapter 28: Consumption and the Aggregate Expenditures Model
• Chapter 29: Investment and Economic Activity
• Chapter 30: Net Exports and International Finance
• Chapter 31: Inflation and Unemployment
• Chapter 32: A Brief History of Macroeconomic Thought and Policy
• Chapter 33: Economic Development
• Chapter 34: Socialist Economies in Transition

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