Principles of Economics A Streamlined Approach 3rd Edition Frank Test Bank

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Principles of Economics A Streamlined Approach 3rd Edition Frank Test Bank.

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Principles of Economics: A Streamlined Approach seeks to promote a deeper understanding of economics by focusing on core concepts. Fewer themes, less math rigor, and a new suite of video resources allow instructors the flexibility to teach the course they want to teach, whether it’s adopting a flipped classroom format, administering a course online, or just bringing more engaging, digital content into their lectures. Students benefit from more repetition of basic concepts and support through the interactive resources in Connect, resulting in a greater mastery and retention of core economic ideas.

Connect is the only integrated learning system that empowers students by continuously adapting to deliver precisely what they need, when they need it, and how they need it, so that your class time is more engaging and effective.

 

Table of Content:

PART 1 Introduction

1 – Thinking Like an Economist

2 – Supply and Demand

3 – A Brief Look at Macroeconomics

PART 2 Competition and the Invisible Hand

4 – Demand and Elasticity

5 – Perfectly Competitive Supply

6 – Efficiency, Exchange, and the Invisible Hand in Action

PART 3 Market Imperfections

7 – Monopoly, Oligopoly, and Monopolistic Competition

8 – Games and Strategic Behavior

9 – Externalities and Property Rights

PART 4 Economics of Public Policy

10 – Using Economics to Make Better Policy Choices

PART 5 International Trade

11 – International Trade and Trade Policy

PART 6 Macroeconomics: Issues and Data

12 – Macroeconomics: The Bird’s-Eye View of the Economy

13 – Measuring Economic Activity: GDP, Unemployment, and Inflation

PART 7 The Economy in the Long Run

14 – Economic Growth, Productivity, and Living Standards

15 – The Labor Market: Workers, Wages, and Unemployment

16 – Saving and Capital Formation

17 – Money, the Federal Reserve, and Global Financial Markets

PART 8 The Economy in the Short Run

18 – Short-Term Economic Fluctuations and Fiscal Policy

19 – Stabilizing the Economy: The Role of the Fed

20 – Inflation and Aggregate Supply

PART 9 The International Economy

21 – Exchange Rates and the Open Economy

 

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