Test Bank for Economics Principles and Policy 13th Edition by Baumol Blinder ISBN 1305280598 9781305280595

Table of Content:

Part I: GETTING ACQUAINTED WITH ECONOMICS

1. What Is Economics?

2. The Economy: Myth and Reality

3. The Fundamental Economic Problem: Scarcity and Choice

4. Supply and Demand: An Initial Look

Part II: THE BUILDING BLOCKS OF DEMAND AND SUPPLY

5. Consumer Choice: Individual and Market Demand

6. Demand and Elasticity

7. Production, Inputs, and Cost: Building Blocks for Supply Analysis

8. Output, Price, and Profit: The Importance of Marginal Analysis

9. Securities: Business Finance and the Economy: The Tail that Wags the Dog?

Part III: MARKETS AND THE PRICE SYSTEM

10. The Firm and the Industry under Perfect Competition

11. Monopoly

12. Between Competition and Monopoly

13. Limiting Market Power: Regulation and Antitrust

Part IV: THE VIRTUES AND LIMITATIONS OF MARKETS

14. The Case for Free Markets: The Price System

15. The Shortcomings of Free Markets

16. Externalities, the Environment, and Natural Resources

17. Taxation and Resource Allocation

Part V: THE DISTRIBUTION OF INCOME

18. Pricing the Factors of Production

19. Labor and Entrepreneurship: The Human Inputs

20. Poverty, Inequality, and Discrimination

Part VI: U.S. ECONOMIC LEADERSHIP

21. Is U.S. Economic Leadership Threatened?

Part VII: THE MACROECONOMY: AGGREGATE SUPPLY AND DEMAND

22. An Introduction to Macroeconomics

23. The Goals of Macroeconomic Policy

24. Economic Growth: Theory and Policy

25. Aggregate Demand and the Powerful Consumer

26. Demand-Side Equilibrium: Unemployment or Inflation?

27. Bringing in the Supply Side: Unemployment and Inflation?

Part VIII: FISCAL AND MONETARY POLICY

28. Managing Aggregate Demand: Fiscal Policy

29. Money and the Banking System

30. Monetary Policy: Conventional and Unconventional

31. The Financial Crisis and the Great Recession

32. The Debate over Monetary and Fiscal Policy

33. Budget Deficits in the Short and Long Run

34. The Trade-Off between Inflation and Unemployment

Part IX: THE UNITED STATES IN THE WORLD ECONOMY

35. International Trade and Comparative Advantage

36. The International Monetary System: Order or Disorder?

37. Exchange Rates and the Macroeconomy

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