Roger LeRoy Miller is currently affiliated with the Institute for University Studies in Arlington, Texas. Prior to this affiliation, he has held faculty appointments at the University of Washington at Seattle, the University of Hawaii, Clemson University, and the University of Miami, where he co-founded the Law and Economics Center.    

Miller has authored and co-authored a myriad of articles and textbooks. He is the sole author of the best-selling Economics Today text and a co-author of the highly successful Economics of Public Issues.    In addition to his work in academia, Miller has been invited to give talks and lectures across America, Guatemala, Costa Rica, and France. He has also served as a consultant to several law firms and numerous state and federal agencies.

Brief Table of Contents

PART I 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

7 The Macroeconomy: Unemployment, Inflation, and Deflation

8 Measuring the Economy’s Performance

9 Global Economic Growth and Development

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

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

32 Comparative Advantage and the Open Economy

33 Exchange Rates and the Balance of Payments

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