Microeconomics, Testbank 3

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This book is one of six test banks, each carefully crafted to be part of the most complete package of test banks ever offered to support a beginning economics textbook. Three of the test banks are designed to accompany Michael Parkin’s Microeconomics, Seventh Edition and three accompany Michael Parkin’s Macroeconomics, Seventh Edition. The complete set of six books comprises Microeconomics Test Bank, Volumes I, II, and III and Macroeconomics Test Bank, Volumes I, II, and III. These books have undergone major revisions for this edition. Both the Microeconomics Test Bank Volumes I and II and the Macroeconomics Test Bank Volumes I and II now contain only multiple choice questions. The multiple choice questions that in previous editions were in Volume III of the test banks have now been melded into Volumes I and II. Volume III for both the Microeconomics Test Bank and Macroeconomics Test Bank now contains large numbers of essay questions, numerical questions, graphing questions, and extended problems. All of the different types of questions in Volume III have answers suitable for distribution to your students.

Author(s): Michael Parkin, Mark Rush, William Mosher, Constantin Ogloblin
Edition: 7
Publisher: Pearson Addison Wesley
Year: 2004

Language: English
Pages: 418
Tags: economics microeconomics parkin testbank test

Chapter 1 What is Economics? 1
Appendix Graphs in Economics 7
Chapter 2 The Economic Problem 9
Chapter 3 Demand and Supply 15
Chapter 4 Elasticity 21
Chapter 5 Efficiency and Equity 29
Chapter 6 Markets in Action 37
Chapter 7 Utility and Demand 47
Chapter 8 Possibilities, Preferences, and Choices 53
Chapter 9 Organizing Production 59
Chapter 10 Output and Costs 63
Chapter 11 Perfect Competition 69
Chapter 12 Monopoly 77
Chapter 13 Monopolistic Competition and Oligopoly 85
Chapter 14 Regulation and Antitrust Law 93
Chapter 15 Externalities 101
Chapter 16 Public Goods and Common Resources 109
Chapter 17 Demand and Supply in Factor Markets 115
Appendix Market Power in the Labor Market 121
Chapter 18 Economic Inequality 123
Chapter 19 Uncertainty and Information 129
Chapter 20 Trading With the World 133