Test bank for Economics, 11th Edition by Roger A. Arnold
Table of content
AN INTRODUCTION TO ECONOMICS
Part I: ECONOMICS: THE SCIENCE OF SCARCITY
1. What Economics Is About.
Appendix A Working with Diagrams.
Appendix B Should You Major in Economics?
2. Production Possibilities Frontier Framework.
3. Supply and Demand: Theory.
4. Prices: Free, Controlled, and Relative.
5. Supply, Demand, and Price: Applications.
Part II: MACROECONOMIC FUNDAMENTALS
6. Macroeconomic Measurements, Part I: Prices and Unemployment.
7. Macroeconomic Measurements, Part II: GDP and Real GDP.
Part III: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY
8. Aggregate Demand and Aggregate Supply.
9. Classical Macroeconomics and the Self-Regulating Economy.
10. Keynesian Macroeconomics and Economic Instability: A Critique of the Self-Regulating Economy.
11. Fiscal Policy and the Federal Budget.
Part IV: MONEY, THE ECONOMY, AND MONETARY POLICY
12. Money, Banking, and the Financial System.
13. The Federal Reserve System.
Appendix C The Market for Reserves (or the Federal Funds Market)
14. Money and the Economy.
15. Monetary Policy.
Appendix D Bond Prices and the Interest Rate
Part V: EXPECTATIONS AND GROWTH
16. Expectations Theory and the Economy.
17. Economic Growth: Resources, Technology, Ideas, and Institutions.
Part VI: THE FINANCIAL CRISIS OF 2007-2009
18. The Financial Crisis of 2007-2009.
Part VII: GOVERNMENT AND THE ECONOMY
19. Debates in Macroeconomics Over the Role and Effects of Government.
Part VIII: MICROECONOMIC FUNDAMENTALS
21. Consumer Choice: Maximizing Utility and Behavioral Economics.
Appendix E Budget Constraint and Indifference Curve Analysis.
22. Production and Costs.
Part IX: PRODUCT MARKETS AND POLICIES
23. Perfect Competition.
25. Monopolistic Competition, Oligopoly, and Game Theory.
26. Government and Product Markets: Antitrust and Regulation.
Part X: FACTOR MARKETS AND RELATED ISSUES
27. Factor Markets: With Emphasis on the Labor Market.
28. Wages, Union, and Labor.
29. The Distribution of Income and Poverty.
30. Interest, Rent, and Profit.
Part XI: MARKET FAILURE, PUBLIC CHOICE, AND SPECIAL-INTEREST-GROUP POLITICS
31. Market Failure: Externalities, Public Goods, and Asymmetric Information.
32. Public Choice and Special-Interest-Group Politics.
Part XII: ECONOMICS THEORY-BUILDING AND EVERYDAY LIFE
33. Building Theories to Explain Everyday Life: From Observations to Questions to Theories to Predictions.
THE GLOBAL ECONOMY
Part XIII: INTERNATIONAL ECONOMICS AND GLOBALIZATION
34. International Trade.
35. International Finance.
36. Globalization and International Impacts on the Economy.
37. The Economic Case For and Against Government: Five Topics Considered.
38. Financial Matters: Stocks, Bonds, Futures and Options.
39. Agriculture: Problems, Policies, and Unintended Effects.