Test Bank for Microeconomics: Principles, Applications, and Tools, 9th Edition, Arthur O’Sullivan, Steven Sheffrin, Stephen Perez

Test Bank for Microeconomics: Principles, Applications, and Tools, 9th Edition, Arthur O’Sullivan, Steven Sheffrin, Stephen Perez

Table of Contents

Part 1: Introduction and Key Principles

1. Introduction: What Is Economics?

2. The Key Principles of Economics

3. Exchange and Markets

4. Demand, Supply, and Market Equilibrium

Part 2: A Closer Look at Demand and Supply

5. Elasticity: A Measure of Responsiveness

6. Market Efficiency and Government Intervention

7. Consumer Choice: Utility Theory and Insights from Neuroscience

Part 3: Market Structures and Pricing

8. Production Technology and Cost

9. Perfect Competition

10. Monopoly and Price Discrimination

11. Market Entry and Monopolistic Competition

12. Oligopoly and Strategic Behavior

13. Controlling Market Power: Antitrust and Regulation

Part 4: Externalities and Information

14. Imperfect Information: Adverse Selection and Moral Hazard

15. Public Goods and Public Choice

16. External Costs and Environmental Policy

Part 5: The Labor Market and Income Distribution

17. The Labor Market and the Distribution of Income

Part 6: The International Economy

18. International Trade and Public Policy