Test Bank for Economics 8th Edition Hubbard ISBN-13: 9780137646531
Test Bank for Economics, 8th Edition, Glenn Hubbard, Anthony Patrick O’Brien, ISBN-13: 9780136713951, ISBN-13: 9780137646531
Table of Contents
PART 1: INTRODUCTION
Economics: Foundations and Models
Appendix: Using Graphs and Formulas
Trade-offs, Comparative Advantage, and the Market System
Where Prices Come From: The Interaction of Demand and Supply
Economic Efficiency, Government Price Setting, and Taxes
Appendix: Quantitative Demand and Supply Analysis
PART 2: MARKETS IN ACTION: POLICY AND APPLICATIONS
Externalities, Environmental Policy, and Public Goods
Elasticity: The Responsiveness of Demand and Supply
The Economics of Health Care
PART 3: FIRMS IN THE DOMESTIC AND INTERNATIONAL ECONOMIES
Firms, the Stock Market, and Corporate Governance
Appendix: Present Value
Online Appendix: Tools to Analyze Firms’ Financial Information
Comparative Advantage and the Gains from International Trade
PART 4: MICROECONOMIC FOUNDATIONS: CONSUMERS AND FIRMS
Consumer Choice and Behavioral Economics
Appendix: Using Indifference Curves and Budget Lines to Understand Consumer Behavior
Technology, Production, and Costs
Online Appendix: Using Isoquants and Isocost Lines to Understand Production and Cost
PART 5: MARKET STRUCTURE AND FIRM STRATEGY
Firms in Perfectly Competitive Markets
Monopolistic Competition: The Competitive Model in a More Realistic Setting
Oligopoly: Firms in Less Competitive Markets
Monopoly and Antitrust Policy
PART 6: LABOR MARKETS, PUBLIC CHOICE, AND THE DISTRIBUTION OF INCOME
The Markets for Labor and Other Factors of Production
Public Choice, Taxes, and the Distribution of Income
PART 7: MACROECONOMIC FOUNDATIONS AND LONG-RUN GROWTH
GDP: Measuring Total Production and Income
Unemployment and Inflation
Economic Growth, the Financial System, and Business Cycles
Long-Run Economic Growth: Sources and Policies
PART 8: SHORT-RUN FLUCTUATIONS
Aggregate Expenditure and Output in the Short Run
Appendix: The Algebra of Macroeconomic Equilibrium
Aggregate Demand and Aggregate Supply Analysis
Appendix: Macroeconomic Schools of Thought
PART 9: MONETARY AND FISCAL POLICY
Money, Banks, and the Federal Reserve System
Monetary Policy
Fiscal Policy
Appendix: A Closer Look at the Multiplier
Inflation, Unemployment, and Federal Reserve Policy
PART 10: THE INTERNATIONAL ECONOMY
Macroeconomics in an Open Economy
Online Appendix: The Gold Standard and the Bretton Woods System
