Students learn best when they see concepts applied to examples from their everyday lives. With an abundance of relentlessly current examples, new chapter openers, and revised data, the updated fifteenth edition of Economics Today appeals to today's diverse student population by presenting ideas clearly, at an accessible level, and in the context of newsworthy applications. Also available with the updated edition, MyEconLab(R) will contain ABC News video clips and assessment questions that tie into the Issues and Applications feature. With MyEconLab, students can continue working problems online and receive personalized tutorial resources.
Table of Contents
Part One: Introduction Chapter 1: The Nature of Economics Chapter 2: Scarcity and the World of Trade-Offs Chapter 3: Demand and Supply Chapter 4: Extensions of Demand and Supply Analysis Chapter 5: Public Spending and Public Choice Chapter 6: Funding the Public Sector Part Two: Introduction to Macroeconomics and Economic Growth Chapter 7: The Macroeconomy: Unemployment and Inflation Chapter 8: Measuring the Economy's Performance Chapter 9: Global Economic Growth and Development Part Three: Real GDP Determination and Fiscal Policy Chapter 10: Real GDP and the Price Level in the Long Run Chapter 11: Classical and Keynesian Macro Analyses Chapter 12: Consumption, Real GDP, and the Multiplier Chapter 13: Fiscal Policy Chapter 14: Deficit Spending and the Public Debt Part Four: Money, Stabilization and Growth Chapter 15: Money, Banking and Central Banking Chapter 16: Money Creation, the Demand for Money, and Monetary Policy Chapter 17: Domestic and International Dimensions of Monetary Policy Chapter 18: Stabilization in an Integrated World Economy Chapter 19: Policies and Prospects for Global Economic Growth Part Five: Dimensions of Microeconomics Chapter 20: Demand and Supply Elasticity Chapter 21: Consumer Choice Chapter 22: Rents, Profits, and the Financial Environment of Business Part Six: Market Structure, Resource Allocation, and Regulation Chapter 23: The Firm: Cost and Output Determination Chapter 24: Perfect Competition Chapter 25: Monopoly Chapter 26: Monopolistic Competition Chapter 27: Oligopoly and Strategic Behavior Chapter 28: Regulation and Antitrust Policy in a Globalized Economy Part Seven: Labor Resources and the Environment Chapter 29: The Labor Market: Demand, Supply, and Outsourcing Chapter 30: Unions and Labor Market Monopoly Power Chapter 31: Income, Poverty and Health Care Chapter 32: Environmental Economics Part Eight: Global Economics Chapter 33: Comparative Advantage and the Open Economy Chapter 34: Exchange Rates and the Balance of Payments
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.