Study Guide for Boyes/Melvin’s Microeconomics

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  • Edition: 8th
  • Format: Paperback
  • Copyright: 3/8/2010
  • Publisher: South-Western College Pub
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The Study Guide includes numerous multiple-choice, true/false, and discussion questions to help students self-test their knowledge of each chapter, with answers and short explanations for most questions provided in the back of the Coursebook. Each chapter also contains problem and project exercises designed to improve the student's knowledge of the mechanics.

Table of Contents

Economics: The World Around Youp. 1
Choice, Opportunity Costs, and Specializationp. 17
Markets, Demand and Supply, and the Price Systemp. 33
The Market System and the Private and Public Sectorsp. 71
Elasticity: Demand and Supplyp. 83
Consumer Choicep. 97
Supply: The Costs of Doing Businessp. 127
Profit Maximizationp. 143
Perfect Competitionp. 159
Monopolyp. 183
Monopolistic Competition and Oligopolyp. 199
Antitrust and Regulationp. 215
Government and Market Failuresp. 225
Resource Marketsp. 241
The Labor Marketp. 259
Capital Marketsp. 275
The Land Market and Natural Resourcesp. 287
Aging, Social Security, and Health Carep. 297
Income Distribution, Poverty, and Government Policyp. 309
World Trade Equilibriump. 323
International Trade Restrictionsp. 343
Exchange Rates and Financial Links Between Countriesp. 357
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