Test Bank for Principles of Microeconomics 2nd Edition by OpenStax, authored by Timothy Taylor. 543 pages long testbank is commonly used in U.S. community colleges and universities including University of Texas System, Georgia State University, and various OpenStax-partnered institutions.

  • Class Year
  • 2024
  • Number of Pages
  • 543
  • Staff Rating
  • 4.5/5

This complete test bank for Principles of Microeconomics 2nd Edition by OpenStax, authored by Timothy Taylor and contributors, provides verified questions and answers for every chapter in the updated 2024/2025 edition. Used widely in introductory economics courses, this test bank is ideal for both instructors and students seeking high-quality assessment materials aligned with OpenStax content standards.

Each chapter includes a full range of multiple-choice, true/false, and applied scenario questions designed to reinforce key microeconomic concepts such as market structures, elasticity, consumer theory, externalities, and income inequality. Every answer is accompanied by detailed explanations, making it a valuable tool for self-study, review sessions, or exam preparation.

Whether you’re preparing for midterms, finals, or standardized economic literacy exams, this resource supports strong foundational understanding and academic performance.


📘 Chapter Breakdown – Table of Contents:

Chapter 1: Welcome to Economics!
Chapter 2: Choice in a World of Scarcity
Chapter 3: Demand and Supply
Chapter 4: Labor and Financial Markets
Chapter 5: Elasticity
Chapter 6: Consumer Choices
Chapter 7: Production, Costs, and Industry Structure
Chapter 8: Perfect Competition
Chapter 9: Monopoly
Chapter 10: Monopolistic Competition and Oligopoly
Chapter 11: Monopoly and Antitrust Policy
Chapter 12: Environmental Protection and Negative Externalities
Chapter 13: Positive Externalities and Public Goods
Chapter 14: Labor Markets and Income
Chapter 15: Poverty and Economic Inequality
Chapter 16: Information, Risk, and Insurance
Chapter 17: Financial Markets
Chapter 18: Public Economy
Chapter 19: International Trade
Chapter 20: Globalization and Protectionism

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