Test Bank for Microeconomics For Today 9th Edition by Irvin Tucker ISBN 1305507118 978-1305507111

Part 1: Introduction to Economics

Ch 1: Introducing the Economic Way of Thinking

1-1: The Problem of Scarcity

1-2: Scarce Resources and Production

1-3: Economics: The Study of Scarcity and Choice

1-4: The Methodology of Economics

1-5: Hazards of the Economic Way of Thinking

1-6: Why Do Economists Disagree?

1-7: Careers in Economics

Appendix to Chapter 1: Applying Graphs to Economics

Ch 2: Production Possibilities, Opportunity Cost, and Economic Growth

2-1: Three Fundamental Economic Questions

2-2: Opportunity Cost

2-3: Marginal Analysis

2-4: The Production Possibilities Curve

2-5: The Law of Increasing Opportunity Costs

2-6: Sources of Economic Growth

2-7: Present Investment and the Future Production Possibilities Curve

Part 1: Road Map: Introduction to Economics

Part 2: Microeconomics Fundamentals

Ch 3: Market Demand and Supply

3-1: The Law of Demand

3-2: The Distinction between Changes in Quantity Demanded and Changes in Demand

3-3: Nonprice Determinants of Demand

3-4: The Law of Supply

3-5: The Distinction between Changes in Quantity Supplied and Changes in Supply

3-6: Nonprice Determinants of Supply

3-7: A Market Supply and Demand Analysis

Appendix to Chapter 3: Consumer Surplus, Producer Surplus, and Market Efficiency

Ch 4: Markets in Action

4-1: Changes in Market Equilibrium

4-2: Can the Laws of Supply and Demand Be Repealed?

4-3: Market Failure

Appendix to Chapter 4: Applying Supply and Demand Analysis to Health Care

Ch 5: Price Elasticity of Demand and Supply

5-1: Price Elasticity of Demand

5-2: Price Elasticity of Demand Variations along a Demand Curve

5-3: Determinants of Price Elasticity of Demand

5-4: Other Elasticity Measures

5-5: Price Elasticity and the Impact of Taxation

Ch 6: Consumer Choice Theory

6-1: From Utility to the Law of Demand

6-2: Income and Substitution Effects and the Law of Demand

Appendix to Chapter 6: Indifference Curve Analysis

Ch 7: Production Costs

7-1: Costs and Profit

7-2: Short-Run Production Costs

7-3: Short-Run Cost Formulas

7-4: Marginal Cost Relationships

7-5: Long-Run Production Costs

Part 2: Road Map: Microeconomics Fundamentals

Part 3: Market Structures

Ch 8: Perfect Competition

8-1: Perfect Competition

8-2: Short-Run Profit Maximization for a Perfectly Competitive Firm

8-3: Short-Run Loss Minimization for a Perfectly Competitive Firm

8-4: Short-Run Supply Curves under Perfect Competition

8-5: Long-Run Supply Curves under Perfect Competition

Ch 9: Monopoly

9-1: The Monopoly Market Structure

9-2: Price and Output Decisions for a Monopolist

9-3: Price Discrimination

9-4: Comparing Monopoly and Perfect Competition

Ch 10: Monopolistic Competition and Oligopoly

10-1: The Monopolistic Competition Market Structure

10-2: Price and Output Decisions for a Monopolistically Competitive Firm

10-3: Comparing Monopolistic Competition and Perfect Competition

10-4: Oligopoly-Competition among the Few

10-5: Price and Output Decisions for an Oligopolist

10-6: Review of the Four Market Structures

Ch 11: Labor Markets

11-1: The Labor Market under Perfect Competition

11-2: Labor Unions: Employee Power

11-3: Employer Power

Part 3: Road Map: Market Structures

Part 4: Microeconomics Policy Issues

Ch 12: Income Distribution, Poverty, and Discrimination

12-1: The Distribution of Income

12-2: Poverty

12-3: Antipoverty Programs

12-4: Reform Proposals

12-5: Discrimination

Ch 13: Antitrust and Regulation

13-1: Antitrust

13-2: Key Antitrust Cases

13-3: Mergers and Global Antitrust Policy

13-4: Regulation

13-5: Three Cases for Government Regulation

13-6: Imperfect Information

Ch 14: Environmental Economics

14-1: Competitive Markets and Environmental Efficiency

14-2: Achieving Environmental Efficiency

Part 4: Road Map: Microeconomics Policy Issues

Part 5: The International Economy

Ch 15: International Trade and Finance

15-1: Why Nations Need Trade

15-2: Absolute and Comparative Advantage

15-3: Free Trade versus Protectionism

15-4: Arguments for Protection

15-5: The Balance of Payments

15-6: Exchange Rates

Ch 16: Economies in Transition

16-1: Basic Types of Economic Systems

16-2: The “ISMS”

16-3: Economies in Transition

Ch 17: Growth and the Less-Developed Countries

17-1: Comparing Developed and Less-Developed Countries

17-2: Economic Growth and Development around the World

17-3: The Helping Hand of Advanced Countries

Part 5: Road Map: The International Economy

Appendix A: Answers to Odd-Numbered Study Questions and Problems

Appendix B: Answers to Sample Quizzes

Appendix C: Answers to Road Map Questions

Glossary

Index