Principles of Economics Textbook & Test Bank
Principles of Economics covers scope and sequence requirements for a two-semester introductory economics course. The authors take a balanced approach to micro- and macroeconomics, to both Keynesian and classical views, and to the theory and application of economics concepts. The text also includes many current examples, which are handled in a politically equitable way.
* Complete Textbook by OpenStax
* Multiple Choices Questions (MCQ)
* Essay Questions Flash Cards
* Key-Terms Flash Cards
Powered by QuizOver.com the leading online quiz creator
https://www.quizover.com
1. Welcome to Economics!
1.1. What Is Economics, and Why Is It Important?
1.2. Microeconomics and Macroeconomics
1.3. How Economists Use Theories and Models to Understand Economic Issues
1.4. How Economies Can Be Organized: An Overview of Economic Systems
2. Choice in a World of Scarcity
2.1. How Individuals Make Choices Based on Their Budget Constraint
2.2. The Production Possibilities Frontier and Social Choices
2.3. Confronting Objections to the Economic Approach
3. Demand and Supply
3.1. Demand, Supply, and Equilibrium in Markets for Goods and Services
3.2. Shifts in Demand and Supply for Goods and Services
3.3. Changes in Equilibrium Price and Quantity: The Four-Step Process
3.4. Price Ceilings and Price Floors
3.5. Demand, Supply, and Efficiency
4. Labor and Financial Markets
4.1. Demand and Supply at Work in Labor Markets
4.2. Demand and Supply in Financial Markets
4.3. The Market System as an Efficient Mechanism for Information
5. Elasticity
5.1. Price Elasticity of Demand and Price Elasticity of Supply
5.2. Polar Cases of Elasticity and Constant Elasticity
5.3. Elasticity and Pricing
5.4. Elasticity in Areas Other Than Price
6. Consumer Choices
6.1. Consumption Choices
6.2. How Changes in Income and Prices Affect Consumption Choices
6.3. Labor-Leisure Choices
6.4. Intertemporal Choices in Financial Capital Markets
7. Cost and Industry Structure
7.1. Explicit and Implicit Costs, and Accounting and Economic Profit
7.2. The Structure of Costs in the Short Run
7.3. The Structure of Costs in the Long Run
8. Perfect Competition
8.1. Perfect Competition and Why It Matters
8.2. How Perfectly Competitive Firms Make Output Decisions
8.3. Entry and Exit Decisions in the Long Run
8.4. Efficiency in Perfectly Competitive Markets
9. Monopoly
9.1. How Monopolies Form: Barriers to Entry
9.2. How a Profit-Maximizing Monopoly Chooses Output and Price
10. Monopolistic Competition and Oligopoly
10.1. Monopolistic Competition
10.2. Oligopoly
11. Monopoly and Antitrust Policy
11.1. Corporate Mergers
11.2. Regulating Anticompetitive Behavior
11.3. Regulating Natural Monopolies
11.4. The Great Deregulation Experiment
12. Environmental Protection and Negative Externalities
12.1. The Economics of Pollution
12.2. Command-and-Control Regulation
12.3. Market-Oriented Environmental Tools
12.4. The Benefits and Costs of U.S. Environmental Laws
12.5. International Environmental Issues
12.6. The Tradeoff between Economic Output and Environmental Protection
13. Positive Externalities and Public Goods
14. Poverty and Economic Inequality
15. Issues in Labor Markets: Unions, Discrimination, Immigration
16. Information, Risk, and Insurance
17. Financial Markets
18. Public Economy
19. The Macroeconomic Perspective
20. Economic Growth
21. Unemployment
22. Inflation
23. The International Trade and Capital Flows
24. The Aggregate Demand/Aggregate Supply Model
25. The Keynesian Perspective
26. The Neoclassical Perspective
27. Money and Banking
28. Monetary Policy and Bank Regulation
29. Exchange Rates and International Capital Flows
30. Government Budgets and Fiscal Policy
31. The Impacts of Government Borrowing
32. Macroeconomic Policy Around the World
33. International Trade
34. Globalization and Protectionism
Category : Education
Reviews (30)
Very nice and friendly user for reader, only that the graphs didn't show up in image or pics. TQVM, so helpful.
Everything is good ..topic & explaination is also good too ..but one thing is confusing is ..how to open next page of every topic ..it's written like 1/3 ..but at ending of 1st page question answer is given ...I am not able to understand....how to jump on 2nd page ..... please tell me 😊😊
Great app, I am willing to pay for it so they can remove all those ads if you price it for 25 us dlls. I am willing to pay for it
I love this app Very helpful But please try to add search within the app so we can fetch out contents faster. Much thanks to the developers.
exceptionally intuitive app or all generations. I'm extremely in love with this economics course application.You better download this; economics student.
This app provides an interactive class for you where u can ask question and also answer if you know, so to me with this is a superb! app u will really learn alots from this app
these app is the best app i have ever seen...easy to use, great analysis and examples.costless and educating... wadup team
The best application but diagrams is needed to enhance learning. Thanks so much.
im learning a lot it allows you to interact with different people free of charge its a study group app on its own
This a app is very helpful to students and Reader, it can help a students to know more about Economics
Forces you into a chat room that you cant leave. Wont let you turn off notifications.
It is very good for read but in my 1st attend it shows some technical issues .
The book is not only useful but very helpful and well summariced
Wow! It's an an amazing app. So helpful to beginner's.... Plzz download the app, It will benefits you...!!!
Good for studying, but the given links are not opening.
Wowo well-done it's a great app may Allah improve your knowledge and experience
When something is best you are not asked to review You just volunteer for that best app ever🤝🤝🤝🤝 thanks to the developer
I really loved this app - It really helps me during my exams. thanx
It's the most interesting economics textbook I have come across so far.
This has been wonderful expierience as i have been using the app fpr learning during this lockdown
This app is Fantastic for learning and this will help Economics Student who have this app pass in every Exams.I hope all other apps will be like this.Infacts this app is "Fantabolous"
Helpful and easy to understand
I think it's versatile enough for high school learners
Pushy notifications recently made this awful.
Very clear and well illusttated.
create a WhatsApp group for this app users so we can share ideas. the previous platform is difficult to use I begggg you please.
I'm really enjoying the app. It's educative. Thanks.
Fantastic and educative
It's really good to use May GOD continue to inspire wisdom understand
Well it'a nice app but one complaint is that why the " learn" and "MCQ" option is not activated in this app in every chapter. How I'll be able to practice then? And even some of the flipcard's answers are not there and also some key terms are not described. One more thing graphs are also not shown even in internet access. Please correct it as soon as possible or suggest some remedy to correct it.