Test Bank for Principles of Microeconomics 6th Edition by Gregory Mankiw, Ronald D Kneebone, Kenneth J McKenzie ISBN 017653086X 9780176530860

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ISBN 10: 017653086X
ISBN 13: 9780176530860
Author: Gregory Mankiw, Ronald D Kneebone, Kenneth J McKenzie

“I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy.”—N. Gregory Mankiw. Principles of Microeconomics became an instant best seller with its first edition and continues to be the most popular and widely used text in the economics classroom. Instructors found it to be the perfect complement to their teaching. A text authored by world-class writers and economists that stressed the most important concepts without overwhelming students with an excess of detail was a formula that was quickly imitated, but has yet to be matched. The sixth Canadian edition of Principles of Microeconomics continues with this approach and has been carefully revised to ensure its contents are current and its examples reflect the interests and concerns of the Canadian student market. Responding to reviewers who requested additional but unobtrusive mathematics support, we have supplemented four chapters with new appendices. We have also included more technical questions in the end-of-chapter assignments to offer content at a higher difficulty level and provided online math problems so students can practice and master their skills. Many In the News features have been added and numerous Case Studies and FYI features have been updated to reflect current world trends. Put quite simply, after listening to Canadian students and instructors across the country and by offering the most robust teaching and learning solution available, this is our best edition yet.

Principles of Microeconomics 6th Table of contents:

Part 1 Introduction 1

Chapter 1: Ten Principles of Economics

Chapter 2: Thinking Like an Economist

Chapter 3: Interdependence and the Gains from Trade

Part 2 Supply and DEMAND I: How Markets Work

Chapter 4: The Market Forces of Supply and Demand

Chapter 5: Elasticity and Its Application

Chapter 6: Supply, Demand, and Government Policies

Part 3 Supply and Demand II: Markets and Welfare

Chapter 7: Consumers, Producers, and the Efficiency of Markets

Chapter 8: Application: The Costs of Taxation

Chapter 9: Application: International Trade

Part 4 The Economics of the Public Sector

Chapter 10: Externalities

Chapter 11: Public Goods and Common Resources

Chapter 12: The Design of the Tax System

Part 5 Firm Behaviour and the Organization of the Industry

Chapter 13: The Costs of Production

Chapter 14: Firms in Competitive Markets

Chapter 15: Monopoly

Chapter 16: Monopolistic Competition

Chapter 17: Oligopoly

Part 6 The Economics of Labour Markets

Chapter 18: The Markets for the Factors of Production

Chapter 19: Earnings and Discrimination

Chapter 20: Income Inequality and Poverty

Part 7 Topics for Further Study

Chapter 21: The Theory of Consumer Choice

Chapter 22: Frontiers of Microeconomics

Glossary

Index

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