Economics Today [Rental Edition]

by Miller, Roger LeRoy.

• ISBN13: 9780135857304
• ISBN10: 0135857309
• Edition: 20th
• Format: Paperback
• Copyright: 2020-01-31
• 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 two-semester courses in the principles of economics.

 

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 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 2: INTRODUCTION TO MACROECONOMICS AND ECONOMIC GROWTH

7. The Macroeconomy: Unemployment, Inflation, and Deflation

8. Measuring the Economy’s Performance

9. Global Economic Growth and Development

 

PART 3: REAL GDP DETERMINATION AND FISCAL POLICY

10. Real GDP and the Price Level in the Long Run

11. Classical and Keynesian Macro Analyses

12. Consumption, Real GDP, and the Multiplier

13. Fiscal Policy

14. Deficit Spending and the Public Debt

 

PART 4: MONEY, STABILIZATION, AND GROWTH

15. Money, Banking, and Central Banking

16. Domestic and International Dimensions of Monetary Policy

17. Stabilization in an Integrated World Economy

18. Policies and Prospects for Global Economic Growth

 

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