PART 1 MICROECONOMICS
Chapter 1 Basic Economic Concepts 3
Questions 1–30
Chapter 2 The Nature and Function of Product
Markets 11
Questions 31–185
Chapter 3 Factor Markets 49
Questions 186–214
Chapter 4 Market Failure and the Role of
Government 55
Questions 215–250
Answers 65
PART 2 MACROECONOMICS
Chapter 5 Basic Economic Concepts 93
Questions 1–30
Chapter 6 Measurement of Economic Systems
103
Questions 31–69
Chapter 7 National Income and Price Determination
113
Questions 70–105
Chapter 8 Financial Sector 121
Questions 106–150
Chapter 9 Inflation, Unemployment, and Stabilization
Policies 131
Questions 151–205
Chapter 10 Economic Growth and Productivity
145
Questions 206–217
Chapter 11 International Trade and Finance
149
Questions 218–250
Answers 157
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