Test Bank Modern Principles Microeconomics 4th Edition by Tyler Cowen Alex Tabarrok
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Test Bank Modern Principles Microeconomics 4th Edition by Tyler Cowen Alex Tabarrok
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Product Description
Test Bank Modern Principles Microeconomics 4th Edition by Tyler Cowen Alex Tabarrok
Tyler Cowen, Alex Tabarrok
This textbook provides a modern and engaging approach to microeconomic principles. The 4th edition is updated with real-world applications and examples, designed to help students understand and apply economic concepts in everyday life. The book emphasizes critical thinking and decision-making skills, making it ideal for students who want to develop a deep understanding of microeconomics.
ISBN-10: 1319098762
ISBN-13: 9781319098766
Table of Contents
Part 1: Introduction
1. The Big Ideas in Economics
2. The Power of Trade and Comparative Advantage
Part 2: Supply and Demand
3. Supply and Demand
4. Equilibrium: How Supply and Demand Determine Prices
5. Elasticity and Its Applications
6. Taxes and Subsidies
Part 3: The Price System
7. The Price System: Signals, Speculation, and Prediction
8. Price Ceilings and Floors
9. International Trade
10. Externalities: When the Price Is Not Right
Part 4: Firms and Factor Markets
11. Costs and Profit Maximization under Competition
12. Competition and the Invisible Hand
13. Monopoly
14. Price Discrimination and Pricing Strategy
15. Oligopoly and Game Theory
16. Networks, Platforms, and the Economics of “Free Goods”
17. Monopolistic Competition and Advertising
18. Labor Markets
Part 5: Government
19. Public Goods and the Tragedy of the Commons
20. Political Economy and Public Choice
21. Economics, Ethics, and Public Policy
Part 6: Decision Making for Businesses, Investors, and Consumers
22. Managing Incentives
23. Stock Markets and Personal Finance
24. Asymmetric Information: Moral Hazard and Adverse Selection
25. Consumer Choice
Modern Principles Microeconomics 4th Edition by Tyler Cowen Alex Tabarrok Test BankAnswers