Test Bank for Microeconomics 11th Edition Michael Parkin 0133019942 9780133019940

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Thoroughly updated, stripped of technical detail where possible, extensively illustrated with well-chosen photographs, enlivened with new applications features that focus on issues at play in today’s world, responsive to the suggestions of reviewers and users, and seamlessly integrated with MyEconLab: These are the hallmarks of this eleventh edition of Microeconomics.

Language: English
ISBN-10: 0133019942
ISBN-13: 978-0133019940
ISBN-13: 9780133019940

Author: Michael Parkin

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Table of contents:

I. THE SCOPE OF ECONOMICS.
1. What Is Economics?
2. The Economic Problem.
3. Making and Using Graphs.
II. How Markets Work.
4. Demand and Supply.
5. Elasticity.
6. Efficiency and Equity.
7. Markets in Action.
III. HOUSEHOLDS’ CHOICES.
8. Utility and Demand.
9. Possibilities, Preferences, and Choices.
IV. FIRMS AND MARKETS.
10. Organizing Production.
11. Output and Costs.
12. Perfect Competition.
13. Monopoly.
14. Monopolistic Competition and Oligopoly.
V. RESOURCE MARKETS.
15. Demand and Supply in Resource Markets.
16. Labor Markets.
17. Inequality, Redistribution, and Health Care.
VI. MARKET FAILURE AND GOVERNMENT.
18. Market Failure and Public Choice.
19. Regulation and Antitrust Law.
20. Externalities, The Environment, and Knowledge.
21. Uncertainty and Information.
VII. THE THEMES OF MACROECONOMICS.
22. A First Look at Macroeconomics.
23. Measuring GDP, Economic Growth, and Inflation.
24. Measuring Employment and Unemployment.
25. Aggregate Supplyand Aggregate Demand.
VIII. Aggregate Supply and Economic Growth.
26. The Economy at Full Employment.
27. Capital, Investment, and Saving.
28. Economic Growth.
IX. AGGREGATE DEMAND AND INFLATION.
29. Expenditure Multipliers.
30. Fiscal Policy.
31. Money.
32. Monetary Policy.
33. Inflation.
X. Stabilization Problems and Policies.
34. The Business Cycle.
35. Macroeconomic Policy Challenges.
XI. THE GLOBAL ECONOMY.
36. Trading with the World.
37. International Finance

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