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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 updated in accordance with all updates 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|
|Consumer Choice: Maximizing Utility and Behavioral Economics||p. 56|
|Production and Costs||p. 64|
|Perfect Competition||p. 77|
|Monopolistic Competition, Oligopoly, and Game Theory||p. 96|
|Government and Product Markets: Antitrust and Regulation||p. 105|
|Factor Markets: With Emphasis on the Labor Market||p. 114|
|Wages, Unions, and Labor||p. 123|
|The Distribution of Income and Poverty||p. 131|
|Interest, Rent, and Profit||p. 139|
|Market Failure: Externalities, Public Goods, and Asymmetric Information||p. 148|
|Public Choice and Special-Interest-Group Politics||p. 157|
|The Economic Case For and Against Government: Five Topics Considered||p. 164|
|International Trade||p. 170|
|International Finance||p. 180|
|Stocks, Bonds, Futures and Options||p. 190|
|WEB CHAPTER Agriculture: Problems, Policies, and Unintended Effects||p. 199|
|Answer Key||p. 205|
|Table of Contents provided by Ingram. All Rights Reserved.|