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The Economy Today is noted for three great strengths: readability, policy orientation, and pedagogy. The accessible writing style engages students and brings some of the excitement of domestic and global economic news into the classroom. Schiller emphasizes how policymakers must choose between government intervention and market reliance to resolve the core issues of what, how, and for whom to produce. This strategic choice is highlighted throughout the full range of micro, macro, and international issues, and every chapter ends with a policy issue that emphasizes the markets vs. government dilemma.
Language: English
ISBN-10: 1259291812
ISBN-13: 978-1259291814
ISBN-13: 9781259291814
Author: Bradley Schiller, Karen Gebhardt
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Test Bank for Micro Economy Today 14th Edition Schiller Gebhardt 1259291812 9781259291814
Table of Content:
Part 1 The Economic Challenge
Chapter 1 Economics: The Core Issues
Appendix: Using Graphs
Chapter 2 The U.S. Economy: A Global View
Chapter 3 Supply and Demand
Chapter 4 The Role of Government
Part 2 Product Markets: The Basics
Chapter 5 Consumer Choice
Appendix: Indifference Curves
Chapter 6 Elasticity
Chapter 7 The Costs of Production
Part 3 Market Structure
Chapter 8 The Competitive Firm
Chapter 9 Competitive Markets
Chapter 10 Monopoly
Chapter 11 Oligopoly
Chapter 12 Monopolistic Competition
Part 4 Regulatory Issues
Chapter 13 Natural Monopolies: (De)Regulation?
Chapter 14 Environmental Protection
Chapter 15 The Farm Problem
Part 5 Factor Markets: Basic Theory
Chapter 16 The Labor Market
Chapter 17 Labor Unions
Chapter 18 Financial Markets
Part 6 Distributional Issues
Chapter 19 Taxes: Equity versus Efficiency
Chapter 20 Transfer Payments: Welfare and Social Security
Part 7 International Economics
Chapter 21 International Trade
Chapter 22 International Finance
Chapter 23 Global Poverty
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