Exploring Microeconomics 7th Edition Sexton Test Bank

Product details:

• ISBN-10 ‏ : ‎ 1285859456
• ISBN-13 ‏ : ‎ 978-1285859453
• Author: Robert L. Sexton

Now you can gain a solid understanding of microeconomic principles and how these principles affect your daily life with the unique EXPLORING MICROECONOMICS, 7E. Rather than a traditional encyclopedic text filled with technical details, this book offers a modern, “back-to-basics” approach designed to promote economic literacy and help you appreciate how microeconomics impacts life. 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 MICROECONOMICS makes economics less intimidating, while conveying the real-world relevance of microeconomic principles. Trust EXPLORE MICROECONOMICS, 7E to instill an interest in microeconomics and an appreciation for its impact in today’s world.

Table contents:

PART I: INTRODUCTION.

1. The Role and Method of Economics. Appendix: Working with Graphs.

2. Eight Powerful Ideas.

3. Scarcity, Trade-Offs, and Production Possibilities. PART II: SUPPLY AND DEMAND.

4. Demand, Supply, and Market Equilibrium.

5. Market in Motion and Price Controls.

6. Elasticities. PART III: MARKET EFFICIENCY, MARKET FAILURE, AND THE PUBLIC SYSTEM.

7. Market Efficiency and Welfare.

8. Market Failure.

9. Public Finance and Public Choice. PART IV: HOUSEHOLDS AND MARKET STRUCTURE.

10. Consumer Choice Theory. Appendix: A More Advanced Theory of Consumer Choice.

11. The Firm: Production and Costs. Appendix: Using Isoquants and Isocosts.

12. Firms in Perfectly Competitive Markets.

13. Monopoly and Antitrust.

14. Monopolistic Competition and Product Differentiation.

15. Oligopoly and Strategic Behavior. PART V: INPUT MARKETS AND MICROECONOMIC POLICY ISSUES.

16. The Markets for Labor, Capital, and Land.

17. Income, Poverty and Health Care. PART VI: THE GLOBAL ECONOMY.

18. International Trade.

19. International Finance.

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