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Full Description
This accompanying book to Mankiw and Taylor's Economics does three things. First, it reinforces the text and improves the student's understanding of the material presented in it. Second, it provides the reader with experience in using economic theories and tools to solve actual economic problems, that is it bridges the gap between economic concepts and economic problem solving. Finally, the Workbook and Study Guide includes a self-test to confirm areas of successful learning and to highlight areas needing improvement.
Each chapter in the Workbook and Study Guide corresponds to a chapter in the main textbook - Mankiw and Taylor's Economics.
Contents
1. Ten Principles of Economics
2. Thinking Like an Economist
3. Interdependence and the Gains from Trade
4. The Market Forces of Supply and Demand
5. Elasticity and Its Application
6. Supply, Demand, and Government Policies
7. Consumers, Producers, and the Efficiency of Markets
8. Application: The Costs of Taxation
9. Application: International Trade
10. Externalities
11. Public Goods and Common Resources
12. The Design of the Tax System
13. The Costs of Production
14. Firms in Competitive Markets
15. Monopoly
16. Oligopoly
17. Monopolistic Competition
18. The Markets for the Factors of Production
19. Earnings and Discrimination
20. Income Inequality and Poverty
21. The Theory of Consumer Choice
22. Frontiers of Microeconomics
23. Measuring a Nation?s Income
24. Measuring the Cost of Living
25. Production and Growth
26. Saving, Investment, and the Financial System
27. The Basic Tools of Finance
28. Unemployment
29. The Monetary System
30. Money Growth and Inflation
31. Open-Economy Macroeconomics: Basic Concepts
32. A Macroeconomic Theory of the Open Economy
33. Aggregate Demand and Aggregate Supply
34. The Influence of Monetary and Fiscal Policy on Aggregate Demand
35. The Short-Run Tradeoff between Inflation and Unemployment
36. Common Currency Areas and European Monetary Union
37. Five Debates Over Macroeconomic Policy