Test Bank for Economics, 13th Edition, Michael Parkin

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Test Bank for Economics, 13th Edition, Michael Parkin

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  • ISBN-10 ‏ : ‎ 9781292255460
  • ISBN-13 ‏ : ‎ 978-1292255460
  • Author: Michael Parkin

For two-semester principles of economics courses. An intuitive and grounded approach to economics Get students to think like economists using the latest policy and data while incorporating global issues. Economics, 13th Edition builds on the foundation of the previous edition and retains a thorough and careful presentation of the principles of economics. The text emphasizes real-world applications, the development of critical-thinking skills, diagrams renowned for their pedagogy and clarity, and path-breaking technology. As a hallmark features in the chapter openings and endings encourage students to think critically about a news article relating to the issue, demonstrating how thinking like an economist can bring a clearer perspective to and deeper understanding of today’s events. MyLab TM Economics not included. Students, if MyLab is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN and course ID. MyLab should only be purchased when required by an instructor. Instructors, contact your Pearson rep for more information. MyLab TM is the teaching and learning platform that empowers you to reach every student. It is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts. By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.

Table of Contents

PART I: INTRODUCTION

1. What is Economics?

2. The Economic Problem

PART II: HOW MARKETS WORK

3. Demand and Supply

4. Elasticity

5. Efficiency And Equity

6. Government Actions in Markets

7. Global markets in Action

PART III: HOUSEHOLDS’ CHOICES

8. Utility and Demand

9. Possibilities, Preferences, and Choices

PART IV: FIRMS AND MARKETS

10. Organizing Production

11. Output and Costs

12. Perfect Competition

13. Monopoly

14. Monopolistic Competition

15. Oligopoly

PART V: MARKET FAILURE AND GOVERNMENT

16. Public Choices, Public Goods, and Healthcare

17. Externalities

PART VI: FACTOR MARKETS, INEQUALITY, AND UNCERTAINTY

18. Markets for Factors of Production

19. Economic Inequality

20. Uncertainty and Information

PART VII: MONITORING MACROECONOMIC PERFORMANCE

21. Monitoring the Value of Production: GDP

22. Monitoring Jobs and Inflation

PART VIII: MACROECONOMIC TRENDS

23. Economic Growth

24. Finance, Saving, and Investment

25. Money, the Price Level, and Inflation

26. The Exchange Rate and the Balance of Payments

PART IX: MACROECONOMIC FLUCTUATIONS

27. Aggregate Supply and Aggregate Demand

28. Expenditure Multipliers

29. The Business Cycle, Inflation, and Deflation

PART X: MACROECONOMIC POLICY

30. Fiscal Policy

31. Monetary Policy

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