Study Guide for Mankiw’s Principles of

The perfect way to prepare for exams, this Study Guide for PRINCIPLES OF MICROECONOMICS makes studying efficient and easy. It includes self-tests, learning objectives, chapter reviews, key terms and definitions, critical thinking questions, and more to give you what you need to succeed.

Ten Principles of Economics

1

(14)

Thinking Like an Economist

15

(20)

Interdependence and the Gains from Trade

35

(18)

The Market Forces of Supply and Demand

53

(16)

Elasticity and Its Application

69

(16)

Supply, Demand, and Government Policies

85

(16)

Consumers, Producers, and the Efficiency of Markets

101

(16)

Application: The Costs of Taxation

117

(14)

Application: International Trade

131

(18)

Externalities

149

(16)

Public Goods and Common Resources

165

(14)

The Design of the Tax System

179

(14)

The Costs of Production

193

(18)

Firms in Competitive Markets

211

(16)

Monopoly

227

(18)

Oligopoly

245

(16)

Monopolistic Competition

261

(16)

The Markets for the Factors of Production

277

(18)

Earnings and Discrimination

295

(16)

Income Inequality and Poverty

311

(18)

The Theory of Consumer Choice

329

(16)

Frontiers of Microeconomics

345

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Study Guide for Mankiw’s Principles of Microeconomics, 4th

Summary

Table of Contents

Supplemental Materials

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Study Guide for Mankiw’s Principles of Microeconomics, 4th

Summary

Table of Contents

Supplemental Materials

Digital License