Economics Today / Edition 17

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Overview

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.

Also available with MyEconLab®

This title is also available with MyEconLab an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results. Within its structured environment, students practice what they learn, test their understanding, and pursue a personalized study plan that helps them better absorb course material and understand difficult concepts. www.myeconlab.com

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.

MyEconLab should only be purchased when required by an instructor.

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Product Details

  • ISBN-13: 9780132948906
  • Publisher: Prentice Hall
  • Publication date: 1/24/2013
  • Edition description: New Edition
  • Edition number: 17
  • Pages: 840
  • Sales rank: 273,293
  • Product dimensions: 8.70 (w) x 10.90 (h) x 1.30 (d)

Meet the Author

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.

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Table of Contents

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. The Public Sector and Public Choice.
6. Taxes, Transfers, and Public spending.

II. 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.

III. NATIONAL INCOME DETERMINATION AND FISCAL POLICY.

10. Real GDP and the Price Level in the Long Run.
11. Classical and Keynesian Macro Analyses.
12. Consumption, Income and the Multiplier.
13. Fiscal Policy.

IV. MONEY, STABILIZATION, AND GROWTH.

14. Money, Banking, and Central Banking.
15. Money Creation and Deposit Insurance.
16. Domestic and International Dimensions of Monetary Policy.
17. Stabilization in an Integrated World Economy.
18. Policies and Prospects for Global Economic Growth.

V. DIMENSIONS OF MICROECONOMICS.

19. Consumer Choice.
20. Demand and Supply Elasticity.
21. Rents, Profits and the Financial Environment.

VI. 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 andAntitrust in a Globalized Economy.

VII. LABOR RESOURCES AND THE ENVIRONMENT.

28. Labor Demand and Supply.
29. Unions and Labor Market Monopoly Power.
30. Income, Poverty, and Health Care.
31. Environmental Economics.

VIII. GLOBAL ECONOMICS.

32. Comparative Advantage and the Open Economy.
33. Exchange Rates and the Balance of Payments.
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