Test bank for Essentials of Economics 5th Edition by Hubbard and OBrien
Test bank for Essentials of Economics 5th Edition by Hubbard and OBrien
4.7 (93.33%) 3 votes
Test bank for Essentials of Economics 5th Edition by Hubbard and OBrien
4.7 (93.33%) 3 votes

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Test bank for Essentials of Economics 5th Edition by Hubbard and OBrien

Test bank for Essentials of Economics 5th Edition by Hubbard and OBrien

Economics makes economics relevant by demonstrating how real businesses use economics to make decisions every day. And with an ever changing U.S. and world economy, the Fifth Edition has been updated with the latest developments using new real-world business and policy examples. Regardless of their future career path—opening an art studio, trading on Wall Street, or bartending at the local pub–readers will benefit from understanding the economic forces behind their work.

Table of Content:

Part 1: Introduction

1. Economics: Foundations and Models

2. Trade-offs, Comparative Advantage, and the Market System

3. Where Prices Come From: The Interaction of Demand and Supply

Part 2: Markets in Action: Policy and Applications

4. Market Efficiency and Market Failure

5. The Economics of Health Care

Part 3: Microeconomic Foundations: Consumers and Firms

6. Firms, the Stock Market, and Corporate Governance

7. Consumer Choice and Elasticity

8. Technology, Production, and Costs

Part 4: Market Structure and Firm Strategy

9. Firms in Perfectly Competitive Markets

10. Monopoly and Antitrust Policy

11. Monopolistic Competition and Oligopoly

Part 5: Macroeconomic Foundations

12. GDP: Measuring Total Production and Income

13. Unemployment and Inflation

Part 6: Long-Run Economic Growth and Short-Run Economic Fluctuations

14. Economic Growth, the Financial System, and Business Cycles

15. Aggregate Demand and Aggregate Supply Analysis

Part 7: Monetary and Fiscal Policy

16. Money, Banks, and the Federal Reserve System

17. Monetary Policy

18. Fiscal Policy

19. Comparative Advantage, International Trade, and Exchange Rates

Product Details:

Language: English

ISBN-10: 013410692X
ISBN-13: 978-0134106922
ISBN-13: 9780134106922

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