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Written and updated by the author, this Study Guide includes a list of key concepts and terms, review questions and problems, and short-answer exercises asking "what is wrong?" or "what has been overlooked?" Multiple-choice, true/false, and fill-in-the-blank practice questions are also included. The Study Guide has been fully updated to reflect the changes in the core text.
Table of Contents
|What Economics Is About||p. 1|
|Production Possibilities Frontier Framework||p. 11|
|Supply and Demand: Theory||p. 19|
|Prices: Free, Controlled, and Relative||p. 30|
|Supply, Demand and Price: Applications||p. 38|
|Macroeconomic Measurements, Part I: Prices and Unemployment||p. 47|
|Macroeconomic Measurements, Part II: GDP and Real GDP||p. 56|
|Aggregate Demand and Aggregate Supply||p. 67|
|Classical Macroeconomics and the Self-Regulating Economy||p. 77|
|Keyriesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy||p. 86|
|Fiscal Policy and the Federal Budget||p. 96|
|Money, Banking and the Financial System||p. 106|
|The Federal Reserve System||p. 115|
|Money and the Economy||p. 124|
|Monetary Policy||p. 135|
|Expectations Theory and the Economy||p. 145|
|Economic Growth: Resources, Technology, Ideas, and Institutions||p. 156|
|The Financial Crisis of 2007-2009||p. 63|
|Debates in Macroeconomics Over the Role and Effects of Government||p. 171|
|Consumer Choice: Maximizing Utility and Behavioral Economics||p. 187|
|Production and Costs||p. 195|
|Perfect Competition||p. 208|
|Monopolistic Competition, Oligopoly, and Game Theory||p. 227|
|Government and Product Markets: Antitrust and Regulation||p. 236|
|Factor Markets: "With Emphasis on the Labor Market||p. 245|
|Wages, Unions, and Labor||p. 254|
|The Distribution of Income and Poverty||p. 262|
|Interest, Rent, and Profit||p. 270|
|Market Failure: Externalities, Public Goods, and Asymmetric Information||p. 279|
|Public Choice and Specia-Interest-Group Politics||p. 288|
|The Economic Case For and Against Government: Five Topics Considered||p. 295|
|International Trade||p. 301|
|International Finance||p. 311|
|Globalization and International Impacts on the Economy||p. 321|
|Stocks, Bonds, Futures, and Options||p. 332|
|Web Chapter Agriculture: Problems, Policies, and Unintended Effects||p. 341|
|Answer Key||p. 347|
|Table of Contents provided by Ingram. All Rights Reserved.|