Economics Today: The Micro View [Rental Edition]

by Miller, Roger LeRoy.

• ISBN13: 9780135888124
• ISBN10: 0135888123
• Edition: 20th
• Format: Paperback
• Copyright: 2020-02-21
• Publisher: Pearson Rental Program

Summary

This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed.

For courses in macroeconomics.

 

Economics brought to life through real-world application

Students learn best when they see concepts applied to examples from their everyday lives, so Economics Today: The Micro View addresses real, cutting-¿edge issues while facilitating student learning. The text shows students how economics is front and center in their daily routines, while providing them with many ways to evaluate their understanding of key concepts covered in each chapter. The 20th Edition includes emphasis on behavioral economics, along with all-new problems, vignettes, and features that engage students and help them focus on the central ideas in economics today. With a brand new video program students can also visualize and understand key economics principles in a modern and engaging way.

 

Also available with MyLab Economics

By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student.

Author Biography

Roger LeRoy Miller has served on the faculty of several universities, including the University of Washington, Clemson University, and the University of Miami School of Law. As a professor, he has taught intellectual property law and entertainment law, among other subjects. A widely published and respected author, his work has appeared in the Insurance Counsel Journal, Defense Research, California Trial Lawyers Journal, Antitrust Bulletin, Wisconsin Law Review, and Connecticut Law Review. Professor Miller completed his studies at the University of California at Berkeley and University of Chicago.

Table of Contents

PART 1: INTRODUCTION 

1. The Nature of Economics 

2. Scarcity and the World of Trade-Offs 

3. Demand and Supply   

4. Extensions of Demand and Supply Analysis 

5. Public Spending and Public Choice   

6. Funding the Public Sector     

PART 5: DIMENSIONS OF MICROECONOMICS   

19. Demand and Supply Elasticity 

20. Consumer Choice 

21. Rents, Profits, and the Financial Environment of Business   

PART 6: MARKET STRUCTURE, RESOURCE ALLOCATION, AND REGULATION 

22. The Firm: Cost and Output Determination 

23. Perfect Competition 

24. Monopoly 

25. Monopolistic Competition 

26. Oligopoly and Strategic Behavior 

27. Regulation and Antitrust Policy in a Globalized Economy   

PART 7: LABOR RESOURCES AND THE ENVIRONMENT 

28. The Labor Market: Demand, Supply, and Outsourcing 

29. Unions and Labor Market Monopoly Power 

30. Income, Poverty, and Health Care 

31. Environmental Economics   

PART 8: GLOBAL ECONOMICS 

32. Comparative Advantage and the Open Economy 

33. Exchange Rates and the Balance of Payments