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Business professionals that struggle to understand key concepts in economics and how they are applied in the field rely on Microeconomics. The 5th edition makes the material accessible while helping them build their problem-solving skills. It includes numerous new practice problems and exercises that arm them with a deeper understanding. Learning by Doing exercises explore the theories while boosting overall math skills. Graphs are included throughout the mathematical discussions to reinforce the material. In addition, the balanced approach of rigorous economics gives business professionals a more practical resource.
Language: English
ISBN-13: 978-1118572276
ISBN-10: 1118572270
ISBN-13: 9781118572276
Auther: David Besanko, Ronald Braeutigam
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Test Bank for Microeconomics 5th Edition Besanko Braeutigam 1118572270 9781118572276
Table of Content:
1. What Economics is About.
2. Trade, Tradeoffs, and Economics Systems.
3. Supply, Demand, and Price: The Theory.
4. Applications of Supply and Demand: Explaining and Predicting Market and Nonmarket Behavior.
5. Elasticity.
6. The Logic of Consumer Choice.
7. The Firm.
8. Production and Costs.
9. Perfect Competition.
10. Monopoly.
11. Monopolistic Competition and Oligopoly.
12. Government and Product Markets: Antitrust and Regulation.
13. Agriculture: Farmers’ Problems, Government Policies, and Unintended Effects.
14. Factor Markets: With Emphasis on the Labor Market.
15. Wages, Unions, and Labor.
16. The Distribution of Income and Poverty.
17. Interest, Rent, and Profit.
18. Market Failure: Externalities, Public Goods, and Asymmetric Information.
19. Public Choice: Economic Theory Applied to Politics.
20. International Trade.
21. International Finance.
22. International Economic Development.
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