Solutions For Principles of Microeconomics, 10th Edition Mankiw (All Chapters included)
180 keer bekeken 1 keer verkocht
Vak
Microeconomics
Instelling
Microeconomics
Complete Solutions Manual for Principles of Microeconomics, 10th Edition by N. Gregory Mankiw ; ISBN13: 9780357722862. Full Chapters included Chapter 1 to 23.
1. Ten Principles of Economics.
2. Thinking Like an Economist.
3. Interdependence and the Gains from Trade.
4. The Market Forces of Supp...
Principles of Microeconomics
10th Edition
by N. Gregory Mankiw
Complete Chapter Solutions Manual
are included (Ch 1 to 23)
** Immediate Download
** Swift Response
** All Chapters included
, Instructor Manual: Mankiw, Principles of Microeconomics, 10e, 9780357722718; Chapter 1: Ten Principles of
Economics
Instructor Manual
Mankiw, Principles of Microeconomics, 10e, 9780357722718; Chapter 1: Ten
Principles of Economics
Prepared by David R. Hakes, University of Northern Iowa
TABLE OF CONTENTS
Purpose and Perspective of the Chapter ........................................................................... 2
Chapter Objectives ............................................................................................................... 2
Complete List of Chapter Activities and Assessments ..................................................... 3
Key Terms ............................................................................................................................. 3
What's New in This Chapter ................................................................................................ 4
Chapter Outline .................................................................................................................... 5
Solutions to Text Problems ................................................................................................ 11
Questions for Review ................................................................................................................. 11
Problems and Applications ......................................................................................................13
Additional Activities and Assignments ..............................................................................16
Additional Resources ..........................................................................................................17
Cengage Video Resources .........................................................................................................17
1
, Instructor Manual: Mankiw, Principles of Microeconomics, 10e, 9780357722718; Chapter 1: Ten Principles of
Economics
PURPOSE AND PERSPECTIVE OF THE CHAPTER
Chapter 1 is the first chapter in a three-chapter section that serves as the
introduction to the text. Chapter 1 introduces ten fundamental principles on which
the study of economics is based. In a broad sense, the rest of the text is an
elaboration on these ten principles. Chapter 2 will develop how economists approach
problems while Chapter 3 will explain how individuals and countries gain from trade.
The purpose of Chapter 1 is to lay out ten economic principles that will serve as
building blocks for the rest of the text. The ten principles can be grouped into three
categories: how people make decisions, how people interact, and how the economy
works as a whole. Throughout the text, references will be made repeatedly to these
ten principles.
Key points addressed in this chapter:
• The fundamental lessons about individual decision making are that people face
trade-offs among alternative goals, that the cost of any action is measured in
terms of forgone opportunities, that rational people make decisions by
comparing marginal costs and marginal benefits, and that people change their
behavior in response to the incentives they face.
• The fundamental lessons about economic interactions among people are that
trade and interdependence can be mutually beneficial, that markets are
usually a good way of coordinating economic activity, and that the government
can potentially improve market outcomes by remedying a market failure or by
promoting greater economic equality.
• The fundamental lessons about the economy as a whole are that productivity
is the ultimate source of improving living standards, that growth in the
quantity of money is the ultimate source of inflation, and that society faces a
short-run trade-off between inflation and unemployment.
CHAPTER OBJECTIVES
The following objectives are addressed in this chapter:
• Explain how scarcity influences decisions.
• Explain how individuals evaluate opportunity costs to make decisions.
• Explain how marginal analysis influences decision making.
2
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper mizhouubcca. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €27,93. Je zit daarna nergens aan vast.
