Study Guide for Arnold's Economics, 8th / Edition 8by Roger A. Arnold
Written and updated by text author Roger Arnold, this thorough Study Guide reinforces student learning with a list of key concepts and terms, review questions and problems, short-answer exercises asking "what is wrong" or "what has been overlooked" in a list of statements, and multiple-choice, true/false, and fill-in-the-blank practice questions.See more details below
Written and updated by text author Roger Arnold, this thorough Study Guide reinforces student learning with a list of key concepts and terms, review questions and problems, short-answer exercises asking "what is wrong" or "what has been overlooked" in a list of statements, and multiple-choice, true/false, and fill-in-the-blank practice questions.
- Cengage Learning
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Table of ContentsAN INTRODUCTION TO ECONOMICS. PART ONE: ECONOMICS: THE SCIENCE OF SCARCITY. 1. What Economics is About. Appendix A: Working with Diagrams. 2. Trade, Tradeoffs, and Economics Systems. 3. Supply, Demand, and Price: The Theory. 4. Applications of Supply and Demand: Explaining and Predicting Market and Nonmarket Behavior. MACROECONOMICS. PART TWO: MACROECONOMIC FUNDAMENTALS. 5. Macroeconomic Measurements, Part 1: Prices and Unemployment. 6. Macroeconomic Measurements, Part 2: GDP and Real GDP. PART THREE: MACROECONOMIC STABILITY, INSTABILITY, AND FISCAL POLICY. 7. Aggregate Demand and Aggregate Supply. 8. The Self-Regulating Economy. 9. Economic Instabilty: A Critique of the Self-Regulating Economy. 10. Fiscal Policy. 11. Taxes, Deficits, Surpluses, and the Public Debt. PART FOUR: MONEY, THE ECONOMY, AND MONETARY POLICY. 12. Money and Banking. 13. The Federal Reserve System. 14. Money and the Economy. 15. Monetary Policy. PART FIVE: EXPECTATIONS AND GROWTH. 16. Expectations Theory and the Economy. 17. Economic Growth: Resources, Technology, and Ideas. MICROECONOMICS. PART SIX: MICROECONOMIC FUNDAMENTALS. 18. Elasticity. 19. The Logic of Consumer Choice. Appendix B: Budget Constraint and Indifference Curve Analysis. 20. The Firm. 21. Production and Costs. PART SEVEN: PRODUCT MARKETS AND POLICIES. 22. Perfect Competition. 23. Monopoly. 24. Monopolistic Competition and Oligopoly. 25. Government and Product Markets: Antitrust and Regulation. 26. Agriculture: Farmers' Problems, Government Policies, and Unintended Effects. PART EIGHT: FACTOR MARKETS AND RELATED ISSUES. 27. Factor Markets: With Emphasis on the Labor Market.28. Wages, Unions, and Labor. 29. The Distribution of Income and Poverty. 30. Interest, Rent, and Profit. PART NINE: MARKET FAILURE AND PUBLIC CHOICE. 31. Market Failure: Externalities, Public Goods, and Asymmetric Information. 32. Public Choice: Economic Theory Applied to Politics. THE WORLD ECONOMY. PART TEN: INTERNATIONAL ECONOMICS: THEORY AND POLICY. 33. International Trade. 34. International Finance. 35. International Economic Development.
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