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Test Bank for Economics 12th Edition Arnold

Test Bank for Economics 12th Edition Roger A. Arnold, ISBN: 9781285738338

Table of Contents

AN INTRODUCTION TO ECONOMICS.
Part I: ECONOMICS: THE SCIENCE OF SCARCITY.
1. What Economics Is About.
Appendix A: Working with Diagrams.
Appendix B: Should You Major in Economics?
2. Production Possibilities Frontier Framework.
3. Supply and Demand: Theory.
4. Prices: Free, Controlled, and Relative.
5. Supply, Demand, and Price: Applications.
MACROECONOMICS.
Part II: MACROECONOMIC FUNDAMENTALS.
6. Macroeconomic Measurements, Part I: Prices and Unemployment.
7. Macroeconomic Measurements, Part II: GDP and Real GDP.
Part III: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY.
8. Aggregate Demand and Aggregate Supply.
9. Classical Macroeconomics and the Self-Regulating Economy.
10. Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy.
11. Fiscal Policy and the Federal Budget.
Part IV: MONEY, THE ECONOMY, AND MONETARY POLICY.
12. Money, Banking, and the Financial System.
13. The Federal Reserve System.
Appendix C: The Market for Reserves (or the Federal Funds Market).
14. Money and the Economy.
15. Monetary Policy.
Appendix D: Bond Prices and the Interest Rate.
Part V: EXPECTATIONS AND GROWTH.
16. Expectations Theory and the Economy.
17. Economic Growth: Resources, Technology, Ideas, and Institutions.
Part VI: THE FINANCIAL CRISIS OF 2007-2009.
18. The Financial Crisis of 2007-2009.
Part VII: GOVERNMENT AND THE ECONOMY.
19. Debates in Macroeconomics Over the Role and Effects of Government.
MICROECONOMICS.
Part VIII: MICROECONOMIC FUNDAMENTALS.
20. Elasticity.
21. Consumer Choice: Maximizing Utility and Behavioral Economics.
Appendix E: Budget Constraint and Indifference Curve Analysis.
22. Production and Costs.
Part IX: PRODUCT MARKETS AND POLICIES.
23. Perfect Competition.
24. Monopoly.
25. Monopolistic Competition, Oligopoly, and Game Theory.
26. Government and Product Markets: Antitrust and Regulation.
Part X: FACTOR MARKETS AND RELATED ISSUES.
27. Factor Markets: With Emphasis on the Labor Market.
28. Wages, Union, and Labor.
29. The Distribution of Income and Poverty.
30. Interest, Rent, and Profit.
Part XI: PUBLIC CHOICE, AND SPECIAL-INTEREST-GROUP POLITICS.
31. Market Failure: Externalities, Public Goods, and Asymmetric Information.
32. Public Choice and Special-Interest-Group Politics.
Part XII: ECONOMICS THEORY-BUILDING AND EVERYDAY LIFE.
33. Building Theories to Explain Everyday Life: From Observations to Questions to Theories to Predictions.
THE GLOBAL ECONOMY.
Part XIII: INTERNATIONAL ECONOMICS AND GLOBALIZATION.
34. International Trade.
35. International Finance.
36. Globalization and International Impacts on the Economy.
WEB CHAPTERS.
37. The Economic Case For and Against Government: Five Topics Considered.
38. Stocks, Bonds, Futures and Options.
39. Agriculture: Problems, Policies, and Unintended Effects.