Test Bank Macroeconomics 5th Edition R. Glenn Hubbard, Anthony Patrick O’Brien

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Test Bank Macroeconomics 5th Edition R. Glenn Hubbard, Anthony Patrick O’Brien


For Principles of Macroeconomics courses at two- and four-year colleges and universities


Reveal the relevance of economics through real-world business examples


One of the challenges of teaching Principles of Macroeconomics is fostering interest in concepts that may not seem applicable to students’ lives. Macroeconomics, Fifth Edition makes economics relevant by demonstrating how real businesses use economics to make decisions every day. Regardless of their future career path–opening an art studio, trading on Wall Street, or bartending at the local pub–students will benefit from understanding the economic forces behind their work.


This program provides a better teaching and learning experience–for you and your students. It will help you to:

• Personalize learning with MyEconLab: This online homework, tutorial, and assessment program fosters learning and provides tools that help instructors to keep students on track.

• Show students how economics is relevant: Relatable features ground course material in the real world, showing students how these ideas are relevant and facilitating understanding.

• Foster thorough understanding via a flexible, student-focused approach: An engaging, captivating writing style and student-friendly learning aids motivate and engage students.


ISBN-13: 978-0133455496

ISBN-10: 0133455491


Table Of Content:


Chapter 1  Economics: Foundations and Models 1

Chapter 2: Trade-offs, Comparative Advantage, and the Market System 52

Chapter 3: Where Prices Come From: The Interaction of Demand and Supply  116

Chapter 4  Economic Efficiency, Government Price Setting, and Taxes  177

Chapter 5  The Economics of Health Care   233

Chapter 6  Firms, the Stock Market, and Corporate Governance  270

Chapter 7  Comparative Advantage and the Gains from International Trade  329

Chapter 8  GDP: Measuring Total Production and Income  380

Chapter 9  Unemployment and Inflation  446

Chapter 10  Economic Growth, the Financial System, and Business Cycles 520


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