Principles of Microeconomics 5th Edition Frank Test Bank

Principles of Microeconomics 5th Edition Frank Test Bank

Product details:

• ISBN 10: 007731851X
• ISBN 13: 9780077318512
• Author: Robert Frank, Ben Bernanke

In recent years, innovative texts in mathematics, science, foreign languages, and other fields have achieved dramatic pedagogical gains by abandoning the traditional encyclopedic approach in favor of teaching a shorter list of core principles in depth. Two well-respected writers and researchers, Bob Frank and Ben Bernanke, have shown that the less-is-more approach affords similar gains in introductory economics. The authors introduce a coherent short list of core principles and reinforce them by illustrating and applying each in numerous contexts. With engaging questions, explanations and exercises, the authors help students relate economic principles to a host of everyday experiences such as going to the ATM or purchasing airline tickets. Throughout this process, the authors encourage students to become economic naturalists: people who employ basic economic principles to understand and explain what they observe in the world around them.

Table contents:

Part 1 Introduction

Part 2 Competition and the Invisible Hand

Part 3 Market Imperfections

Part 4 Economics of Public Policy

Part 5 International Trade

Part 6 Macroeconomics: Issues and Data

Part 7 The Long Run

Part 8 The Short Run

Part 9 The International Economy

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