Test Bank for Principles of Economics 12th Edition Case Fair Oster 9780134078779

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Reviewers tell us that Case/Fair/Oster is one of the all-time bestselling Principles of Economics texts because they trust it to be clear, thorough, and complete. Readers of Principles of Economics, Twelfth Edition come away with a basic understanding of how market economies function, an appreciation for the things they do well, and a sense of things they do poorly.

Language: : English
ISBN-10: 9780134078779
ISBN-13: 978-0134078779
ISBN-13: 9780134078779

Author: Karl Case, Ray Fair, Sharon Oster

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Table of Content:

1. The Scope and Method of Economics
2. The Economic Problem: Scarcity and Choice
3. Demand, Supply, and Market Equilibrium
4. Demand and Supply Applications
5. Elasticity
6. Household Behavior and Consumer Choice
7. The Production Process: The Behavior of Profit-Maximizing Firms
8. Short-Run Costs and Output Decisions
9. Long-Run Costs and Output Decisions
10. Input Demand: The Labor and Land Markets
11. Input Demand: The Capital Market and the Investment Decision
12. General Equilibrium and the Efficiency of Perfect Competition
13. Monopoly and Antitrust Policy
14. Oligopoly
15. Monopolistic Competition
16. Externalities, Public Goods, and Common Resources
17. Uncertainty and Asymmetric Information
18. Income Distribution and Poverty
19. Public Finance: The Economics of Taxation
20. Introduction to Macroeconomics
21. Measuring National Output and National Income
22. Unemployment, Inflation, and Long-Run Growth
23. Aggregate Expenditure and Equilibrium Output
24. The Government and Fiscal Policy
25. Money, the Federal Reserve, and the Interest Rate
26. The Determination of Aggregate Output, the Price Level, and the Interest Rate
27. Policy Effects and Cost Shocks in the AS/AD Model
28. The Labor Market in the Macroeconomy
29. Financial Crises, Stabilization, and Deficits
30. Household and Firm Behavior in the Macroeconomy: A Further Look
31. Long-Run Growth
32. Alternative Views in Macroeconomics
33. International Trade, Comparative Advantage, and Protectionism
34. Open-Economy Macroeconomics: The Balance of Payments and Exchange Rates
35. Economic Growth in Developing Economies
36. Critical Thinking about Research

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