McGraw-Hill's 500 Microeconomics Questions: Ace Your College Exams

by Eric R. Dodge, Melanie Fox

Overview

Sharpen your skills and prepare for your microeconomics exam with a wealth of essential facts in a quick-and-easy Q&A format!

Get the question-and-answer practice you need with McGraw-Hill's 500 Microeconomics Questions. Organized for easy reference and intensive practice, the questions cover all essential microeconomics topics and include detailed answer explanations.
The 500 practice questions are similar to course exam questions so you will know what to expect on test day. Each question includes a fully detailed answer that puts the subject in context. This additional practice helps you build your knowledge, strengthen test-taking skills, and build confidence. From monopolies to the income inequality, this book covers the key topics in microeconomics.

Prepare for exam day with:

• 500 essential microeconomics questions and answers organized by subject
• Detailed answers that provide important context for studying
• Content that follows the current college 101 course curriculum

Product Details

ISBN-13:	9780071780483
Publisher:	McGraw Hill LLC
Publication date:	12/19/2012
Pages:	256
Product dimensions:	5.90(w) x 9.00(h) x 0.90(d)

About the Author

Eric R. Dodge, Ph.D. (Madison, IN), is a professor of economics and chair of the Department of Economics and Business Administration at Hanover College in Hanover, Indiana. He is the coauthor of Economics DeMYSTiFieD (McGraw-Hill, 2012).

Melanie E. Fox, Ph.D. (Sherman, TX), is an associate professor of economics at Austin College in Sherman, Texas. She is the coauthor of Economics DeMYSTiFieD (McGraw-Hill, 2012).

Table of Contents

Introduction vii

Chapter 1 Basic Economic Concepts 1

Questions 1-24

Chapter 2 Production Possibilities 7

Questions 25-62

Chapter 3 Supply and Demand 21

Questions 63-102

Chapter 4 Elasticity 33

Questions 103-129

Chapter 5 Consumer and Producer Surplus 41

Questions 130-162

Chapter 6 The Effects of Taxation 53

Questions 163-185

Chapter 7 Consumer Choice 61

Questions 186-205

Chapter 8 Production and Costs 69

Questions 206-243

Chapter 9 Perfect Competition 81

Questions 244-282

Chapter 10 Monopoly 93

Questions 283-320

Chapter 11 Oligopoly 105

Questions 321-354

Chapter 12 Monopolistic Competition 117

Questions 355-387

Chapter 13 Factor Markets 127

Questions 388-417

Chapter 14 Externalities 137

Questions 418-447

Chapter 15 Public and Private Goods 147

Questions 448-477

Chapter 16 Income Inequality and Poverty, and Taxes 155

Questions 478-500

Answers 163