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Roger Miller believes that students learn best when they are motivated, and that motivation comes when they connect an idea to their day-to-day lives. That is why every chapter of Economics Today is packed with thought-provoking applications that give immediate, common-sense reinforcement to economic concepts. From international to local, corporate to consumer, policy to personal, these examples spark lively discussion both in and out of the classroom. The result is that students gain a natural understanding of economic theory and analysis, and they learn to use economic reasoning in their everyday decisions.
Table of Contents
|The Nature of Economics|
|Scarcity and the World of Trade-Offs|
|Demand and Supply|
|Extensions of Demand and Supply Analysis|
|The Public Sector and Public Choice|
|Taxes, Transfers, and Public Spending|
|Dimensions of Microeconomics|
|Demand and Supply Elasticity|
|Rents, Profits, and the Financial Environment of Business|
|Market Structure, Resource Allocation, and Regulation|
|Cost and Output Determination|
|Oligopoly and Strategic Behavior|
|Regulation and Antitrust Policy in a Globalized Economy|
|Labor Resources and the Environment|
|The Labor Market:?|
|Demand, Supply, and Outsourcing|
|Unions and Labor Market Monopoly Power|
|Income, Poverty, and Health Care|
|Comparative Advantage and the Open Economy|
|Exchange Rates and the Balance of Payments|
|Table of Contents provided by Publisher. All Rights Reserved.|