Test Bank for Principles of Microeconomics 11th Edition Case Fair Oster 0133024164 9780133024166

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Reviewers tell us that Case/Fair/Oster is one of the all-time bestselling POE texts because they trust it to be clear, thorough and complete.   Case/Fair/Oster readers also 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.  Readers begin to learn the art and science of economic thinking and begin to look at some policy and even personal decisions in a different way.

Language: : English
ISBN-10: 0133024164
ISBN-13: 978-0133024166
ISBN-13: 9780133024166

Author: Karl E. Case, Ray C. Fair, Sharon E. Oster

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Table of Content:

I. INTRODUCTION TO ECONOMICS

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 and Elasticity

II. FOUNDATIONS OF MICROECONOMICS: CONSUMERS AND FIRMS

5. Household Behavior and Consumer Choice
6. The Production Process: The Behavior of Profit-Maximizing Firms
7. Short-Run Costs and Output Decisions
8. Long-Run Costs and Output Decisions
9. Input Demand: The Labor and Land Markets
10. Input Demand: The Capital Market and the Investment Decision
11. General Equilibrium and the Efficiency of Perfect Competition

III. MARKET IMPERFECTIONS AND THE ROLE OF GOVERNMENT

12. Monopoly and Antitrust Policy
13. Monopolistic Competition and Oligopoly
14. Externalities, Public Goods, Imperfect Information, and Social Choice
15. Income Distribution and Poverty
16. Public Finance: The Economics of Taxation

IV. THE WORLD ECONOMY

17. International Trade, Comparative Advantage, and Protectionism
18. Globalization, Growth, and Development

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