Test Bank for Principles of Economics 7th Edition by Joshua Gans, Stephen King – Ebook PDF Instant Download/Delivery: 0170382656 , 9780170382656
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Product details:
ISBN 10: 0170382656
ISBN 13: 9780170382656
Author: Joshua Gans, Stephen King
Principles of Economics 7th edition combines microeconomics and macroeconomics into one volume for students who take a full year’s course. The latest edition of this text continues to focus on important concepts and analyses necessary for students in an introductory economics course. In keeping with the authors’ philosophy of showing you the power of economic tools and the importance of economic ideas, this edition pays careful attention to regional and global policies and economic issues – such as climate change and resource taxation, the impacts of the ongoing global financial crisis, inflation, unemployment, interest rates, monetary and fiscal policy.
Principles of Economics 7th Table of contents:
Chapter 1: Introduction to Economics
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Fundamental Economic Principles
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Trade-Offs and Opportunity Costs
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The Role of Incentives in Decision-Making
Chapter 2: Market Interactions and Trade
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How Individuals and Markets Interact
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The Benefits and Importance of Trade
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Government Policies and Economic Outcomes
Chapter 3: Supply, Demand, and Market Efficiency
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Supply and Demand Dynamics
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Elasticity of Demand and Supply
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Market Equilibrium and Efficiency
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The Effects of Taxation and Government Intervention
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Externalities and Market Failures
Chapter 4: The Behavior of Firms and Market Structures
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Firm Decision-Making and Costs
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Perfect Competition
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Monopoly and Pricing Strategies
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Oligopoly and Strategic Interaction
Chapter 5: Macroeconomic Fundamentals
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Inflation and Price Stability
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Unemployment and Labor Markets
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Economic Growth and Productivity
Chapter 6: Government and the Economy
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Monetary Policy and Central Banking
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Fiscal Policy and Government Spending
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Stabilization Policies and Economic Fluctuations
Chapter 7: Broader Economic Challenges and Perspectives
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Income Inequality and Poverty
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Global Financial Crises
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Evaluating Economic Policies and Societal Impact
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