Test Bank for Principles of Economics 2nd Edition Coppock

Test Bank for Principles of Economics, 2nd Edition, Lee Coppock, Dirk Mateer,

Table of Contents

Introduction
1) The Five Foundations of Economics
2) Model Building and Gains from Trade

The Role of Markets
3) The Market at Work: Supply and Demand
4) Elasticity
5) Market Outcomes and Tax Incidence
6) Price Controls
7) Market Inefficiencies: Externalities and Public Goods

The Theory of the Firm
8) Business Costs and Production
9) Firms in a Competitive Market
10) Understanding Monopoly
11) Price Discrimination
12) Monopolistic Competition and Advertising
13) Oligopoly and Strategic Behavior

Labor Markets and Earnings
14) The Demand and Supply of Resources
15) Income, Inequality, and Poverty

Special Topics in Microeconomics
16) Consumer Choice
17) Behavioral Economics and Risk Taking
18) Health Insurance and Health Care
19) International Trade

PRINCIPLES OF MACROECONOMICS

Introduction
1) The Five Foundations of Economics
2) Model Building and Gains from Trade
3) The Market at Work: Supply and Demand
4) Market Outcomes and Tax Incidence
5) Price Controls

Macroeconomic Basics
6) Introduction to Macroeconomics and GDP
7) Unemployment
8) The Price Level and Inflation
9) Savings, Interest Rates, and the Market for Loanable Funds
10) Financial Markets and Securities

The Long and Short of Macroeconomics
11) Economic Growth and the Wealth of Nations
12) Growth Theory
13) The Aggregate Demand–Aggregate Supply Model
14) The Great Recession, the Great Depression, and Great Macroeconomic Debates

Fiscal Policy
15) Federal Budgets: The Tools of Fiscal Policy
16) Fiscal Policy

Monetary Policy
17) Money and the Federal Reserve
18) Monetary Policy

International Economics
19) International Trade
20) International Finance