9780133882285

For courses in General Economics.

Economics Today — Bringing the real world to your students

Individuals learn best when they see concepts applied to examples from their everyday lives. The Eighteenth Edition of Economics Today addresses leading-edge issues while facilitating learning. The text shows you how economics is front and center in your daily routine while providing you with many ways to evaluate your understanding of key concepts covered in each chapter. New and revised tools and features engage and help you focus on the central ideas in economics today.

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Note: You are purchasing a standalone product; MyEconLab does not come packaged with this content. If you would like to purchase both the physical text and MyEconLab, search for ISBN-10: 0134004612 / ISBN-13: 9780134004617 Economics Today Plus MyEconLab with Pearson eText -- Access Card Package, 18/e. That package includes ISBN-10: 0133882284 / ISBN-13: 9780133882285 Economics Today, 18/e and ISBN-10: 0133919919 / ISBN-13: 9780133919912 MyEconLab with Pearson eText -- Access Card -- for Economics Today, 18/e.

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Roger LeRoy Miller is currently affiliated with the University of Texas — Arlington. 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.

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

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Economics Today

Economics Today

0133882284

Summary

Author Biography

Table of Contents

Supplemental Materials