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Test Bank for Brief Principles of Macroeconomics, 7th Edition

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ISBN-10 ‏ : ‎ 1285165926
ISBN-13 ‏ : ‎ 978-1285165929
Author: N. Gregory Mankiw

With its clear and engaging writing style, BRIEF PRINCIPLES OF MACROECONOMICS, Seventh Edition, continues to be the most popular and widely-used economics textbook among today’s students. Mankiw emphasizes material that you are likely to find interesting about the economy (particularly if you are studying economics for the first time), including real-life scenarios, useful facts, and the many ways economic concepts play a role in the decisions you make every day. “I have tried to put myself in the position of someone seeing economics for the first time. My goal is to emphasize the material that students should and do find interesting about the study of the economy.”–N. Gregory Mankiw.

Part I: INTRODUCTION. 1. Ten Principles of Economics. 2. Thinking Like an Economist. 3 .Interdependence and the Gains from Trade. Part II: HOW MARKETS WORK. 4.The Market Forces of Supply and Demand. PART VIII: THE DATA OF MACROECONOMICS. 5. Measuring a Nation s Income. 6. Measuring the Cost of Living. Part IX: THE REAL ECONOMY IN THE LONG RUN. 7. Production and Growth. 8. Saving, Investment, and the Financial System. 9. The Basic Tools of Finance. 10. Unemployment and Its Natural Rate. Part X: MONEY AND PRICES IN THE LONG RUN. 11. The Monetary System. 12. Money Growth and Inflation. Part XI: THE MACROECONOMICS OF OPEN ECONOMIES. 13. Open-Economy Macroeconomics: Basic Concepts. 14. A Macroeconomic Theory of the Open Economy. Part XII: SHORT-RUN ECONOMIC FLUCTUATIONS. 15. Aggregate Demand and Aggregate Supply. 16. The Influence of Monetary and Fiscal Policy on Aggregate Demand. 17. The Short-Run Tradeoff between Inflation and Unemployment. Part XIII: FINAL THOUGHTS. 18. Six Debates over Macroeconomic Policy. Glossary. Index.