Principles of Economics Mankiw 6th Edition Test Bank

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Product details:

• ISBN-10 ‏ : ‎ 1435462122
• ISBN-13 ‏ : ‎ 978-1435462120
• Author:  University N Gregory Mankiw

Principles of Economics (Sixth Edition) became a bestseller after its introduction and continues to be the most popular and widely used text in the economics classroom. Instructors found it the perfect complement to their teaching. A text by a superb writer and economist 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 edition features a strong revision of content in all thirty-six chapters. Dozens of new applications emphasize the real-world relevance of economics for today’s students through interesting news articles, realistic case studies, and engaging problems. The premier ancillary package is the most extensive in the industry, using a team of instructors and preparers who have been with the project since the first edition. The text material is again fully integrated into Aplia, the best-selling online homework solution.

Table of contents:

Licesning Information

Preface

Chapter 1: Economics: The Study of Choice

Defining Economics

The Field of Economics

The Economists’ Tool Kit

Review and Practice

Chapter 2: Confronting Scarcity: Choices in Production

Factors of Production

The Production Possibilities Curve

Applications of the Production Possibilities Model

Review and Practice

Chapter 3: Demand and Supply

Demand

Supply

Demand, Supply, and Equilibrium

Review and Practice

Chapter 4: Applications of Demand and Supply

Putting Demand and Supply to Work

Government Intervention in Market Prices: Price Floors and Price Ceilings

The Market for Health-Care Services

Review and Practice

Chapter 5: Elasticity: A Measure of Response

The Price Elasticity of Demand

Responsiveness of Demand to Other Factors

Price Elasticity of Supply

Review and Practice

Chapter 6: Markets, Maximizers, and Efficiency

The Logic of Maximizing Behavior

Maximizing in the Marketplace

Market Failure

Review And Practice

Chapter 7: The Analysis of Consumer Choice

The Concept of Utility

Utility Maximization and Demand

Indifference Curve Analysis: An Alternative Approach to Understanding Consumer Choice

Review and Practice

Chapter 8: Production and Cost

Production Choices and Costs: The Short Run

Production Choices and Costs: The Long Run

Review and Practice

Chapter 9: Competitive Markets for Goods and Services

Perfect Competition: A Model

Output Determination in the Short Run

Perfect Competition in the Long Run

Review and Practice

Chapter 10: Monopoly

The Nature of Monopoly

The Monopoly Model

Assessing Monopoly

Review and Practice

Chapter 11: The World of Imperfect Competition

Monopolistic Competition: Competition Among Many

Oligopoly: Competition Among the Few

Extensions of Imperfect Competition: Advertising and Price Discrimination

Review and Practice

Chapter 12: Wages and Employment in Perfect Competition

The Demand for Labor

The Supply of Labor

Labor Markets at Work

Review and Practice

Chapter 13: Interest Rates and the Markets for Capital and Natural Resources

Time and Interest Rates

Interest Rates and Capital

Natural Resources and Conservation

Review and Practice

Chapter 14: Imperfectly Competitive Markets for Factors of Production

Price-Setting Buyers: The Case of Monopsony

Monopsony and the Minimum Wage

Price Setters on the Supply Side

Review and Practice

Chapter 15: Public Finance and Public Choice

The Role of Government in a Market Economy

Financing Government

Choices in the Public Sector

Review and Practice

Chapter 16: Antitrust Policy and Business Regulation

Antitrust Laws and Their Interpretation

Antitrust and Competitiveness in a Global Economy

Regulation: Protecting People from the Market

Review and Practice

Chapter 17: International Trade

The Gains from Trade

Two-Way Trade

Restrictions on International Trade

Review and Practice

Chapter 18: The Economics of the Environment

Maximizing the Net Benefits of Pollution

Alternatives in Pollution Control

Review and Practice

Chapter 19: Inequality, Poverty, and Discrimination

Income Inequality

The Economics of Poverty

The Economics of Discrimination

Review and Practice

Chapter 20: Macroeconomics: The Big Picture

Growth of Real GDP and Business Cycles

Price-Level Changes

Unemployment

Review and Practice

Chapter 21: Measuring Total Output and Income

Measuring Total Output

Measuring Total Income

GDP and Economic Well-Being

Review and Practice

Chapter 22: Aggregate Demand and Aggregate Supply

Aggregate Demand

Aggregate Demand and Aggregate Supply: The Long Run and the Short Run

Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium

Review and Practice

Chapter 23: Economic Growth

The Significance of Economic Growth

Growth and the Long-Run Aggregate Supply Curve

Determinants of Economic Growth

Review and Practice

Chapter 24: The Nature and Creation of Money

What Is Money?

The Banking System and Money Creation

The Federal Reserve System

Review and Practice

Chapter 25: Financial Markets and the Economy

The Bond and Foreign Exchange Markets

Demand, Supply, and Equilibrium in the Money Market

Review and Practice

Chapter 26: Monetary Policy and the Fed

Monetary Policy in the United States

Problems and Controversies of Monetary Policy

Monetary Policy and the Equation of Exchange

Review and Practice

Chapter 27: Government and Fiscal Policy

Government and the Economy

The Use of Fiscal Policy to Stabilize the Economy

Issues in Fiscal Policy

Review and Practice

Chapter 28: Consumption and the Aggregate Expenditures Model

Determining the Level of Consumption

The Aggregate Expenditures Model

Aggregate Expenditures and Aggregate Demand

Review and Practice

Chapter 29: Investment and Economic Activity

The Role and Nature of Investment

Determinants of Investment

Investment and the Economy

Review and Practice

Chapter 30: Net Exports and International Finance

The International Sector: An Introduction

International Finance

Exchange Rate Systems

Review and Practice

Chapter 31: Inflation and Unemployment

Relating Inflation and Unemployment

Explaining Inflation–Unemployment Relationships

Inflation and Unemployment in the Long Run

Review and Practice

Chapter 32: A Brief History of Macroeconomic Thought and Policy

The Great Depression and Keynesian Economics

Keynesian Economics in the 1960s and 1970s

Macroeconomics for the 21st Century

Review and Practice

Chapter 33: Economic Development

The Nature and Challenge of Economic Development

Population Growth and Economic Development

Keys to Economic Development

Review and Practice

Chapter 34: Socialist Economies in Transition

The Theory and Practice of Socialism

Socialist Systems in Action

Economies in Transition: China and Russia

Review and Practice

Appendix A: Graphs in Economics

Appendix Introduction

How to Construct and Interpret Graphs

Nonlinear Relationships and Graphs without Numbers

Using Graphs and Charts to Show Values of Variables

Appendix B: Extensions of the Aggregate Expenditures Model

Appendix Introduction

The Algebra of Equilibrium

The Aggregate Expenditures Model and Fiscal Policy

Review and Practice

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