Exploring Economics 7th Edition Sexton Test Bank

Product details:

• ISBN-10 ‏ : ‎ 128585943X
• ISBN-13 ‏ : ‎ 978-1285859439
• Author: Robert L. Sexton

Now you can gain a solid understanding of economic principles and how these principles affect your daily life with the unique EXPLORING ECONOMICS, 7E. Rather than a traditional encyclopedic text filled with technical details, this book offers a modern, “back-to-basics” approach designed to promote an understanding and appreciation of economics. The latest edition of this reader-friendly book includes new online learning tools, a visually appealing design, and the latest captivating content to encourage you to read and master the material. Packed with examples from current events and pop culture, EXPLORING ECONOMICS makes economics less intimidating while conveying the real-world relevance of economic principles. Trust EXPLORE ECONOMICS, 7E to instill an interest in economics and an appreciation for its impact in today’s world.

Table contents:

1. Part 1: Introduction
2. Ch 1: The Role and Method of Economics
3. 1.1 Economics: A Brief Introduction
4. 1.2 Economic Behavior
5. 1.3 Economic Theories and Models
6. 1.4 Pitfalls to Avoid in Scientific Thinking
7. 1.5 Positive Statements and Normative Statements
8. Interactive Summary
9. Key Terms and Concepts
10. Section Quiz Answers
11. Problems
12. Appendix: Working with Graphs
13. Ch 2: Economics: Eight Powerful Ideas
14. 2.1 IDEA 1: People Face Scarcity and Costly Trade-Offs
15. 2.2 IDEA 2: People Engage in Rational Decision Making and Marginal Thinking
16. 2.3 IDEA 3: People Respond Predictably to Changes in Incentives
17. 2.4 IDEA 4: Specialization and Trade Can Make Everyone Better Off
18. 2.5 IDEA 5: Markets Can Improve Economic Efficiency
19. 2.6 IDEA 6: Appropriate Government Policies Can Improve Market Outcomes
20. 2.7 IDEA 7: Government Policies May Help Stabilize the Economy
21. 2.8 IDEA 8: Increasing Productivity Leads to Economic Growth
22. Interactive Summary
23. Key Terms and Concepts
24. Section Quiz Answers
25. Problems
26. Ch 3: Scarcity, Trade-Offs, and Production Possibilities
27. 3.1 The Three Economic Questions Every Society Faces
28. 3.2 The Circular Flow Model
29. 3.3 The Production Possibilities Curve
30. 3.4 Economic Growth and the Production Possibilities Curve
31. Interactive Summary
32. Key Terms and Concepts
33. Section Quiz Answers
34. Problems
35. Part 2: Supply and Demand
36. Ch 4: Demand, Supply, and Market Equilibrium
37. 4.1 Markets
38. 4.2 Demand
39. 4.3 Shifts in the Demand Curve
40. 4.4 Supply
41. 4.5 Shifts in the Supply Curve
42. 4.6 Market Equilibrium Price and Quantity
43. Interactive Summary
44. Key Terms and Concepts
45. Section Quiz Answers
46. Problems
47. Ch 5: Markets in Motion and Price Controls
48. 5.1 Changes in Market Equilibrium
49. 5.2 Price Controls
50. Interactive Summary
51. Key Terms and Concepts
52. Section Quiz Answers
53. Problems
54. Ch 6: Elasticities
55. 6.1 Price Elasticity of Demand
56. 6.2 Total Revenue and the Price Elasticity of Demand
57. 6.3 Other Types of Demand Elasticities
58. 6.4 Price Elasticity of Supply
59. Interactive Summary
60. Key Terms and Concepts
61. Section Quiz Answers
62. Problems
63. Part 3: Market Efficiency, Market Failure, and the Public System
64. Ch 7: Market Efficiency and Welfare
65. 7.1 Consumer Surplus and Producer Surplus
66. 7.2 The Welfare Effects of Taxes, Subsidies, and Price Controls
67. Interactive Summary
68. Key Terms and Concepts
69. Section Quiz Answers
70. Problems
71. Ch 8: Market Failure
72. 8.1 Externalities
73. 8.2 Public Policy and the Environment
74. 8.3 Property Rights and the Environment
75. 8.4 Public Goods
76. 8.5 Asymmetric Information
77. Interactive Summary
78. Key Terms and Concepts
79. Section Quiz Answers
80. Problems
81. Ch 9: Public Finance and Public Choice
82. 9.1 Public Finance: Government Spending and Taxation
83. 9.2 Public Choice
84. Interactive Summary
85. Key Terms and Concepts
86. Section Quiz Answers
87. Problems
88. Part 4: Households and Market Structure
89. Ch 10: Consumer Choice Theory
90. 10.1 Consumer Behavior
91. 10.2 The Consumer’s Choice
92. 10.3 Behavioral Economics
93. Interactive Summary
94. Key Terms and Concepts
95. Section Quiz Answers
96. Problems
97. Appendix: A More Advanced Theory of Consumer Choice
98. Ch 11: The Firm: Production and Costs
99. 11.1 Firms and Profits: Total Revenues Minus Total Costs
100. 11.2 Production in the Short Run
101. 11.3 Costs in the Short Run
102. 11.4 The Shape of the Short-Run Cost Curves
103. 11.5 Cost Curves: Short Run versus Long Run
104. Interactive Summary
105. Key Terms and Concepts
106. Section Quiz Answers
107. Problems

People also search:

exploring economics robert sexton pdf

exploring economics textbook pdf

exploring microeconomics sexton pdf

exploring macroeconomics 8th edition pdf