For courses in Macroeconomics.
Economics brought to life through real-world application
Readers learn best when they see concepts applied to examples from their everyday lives, so Economics Today: The Macro View addresses real, cutting-¿edge issues while facilitating individual learning. The text shows readers 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 19th Edition also includes a new emphasis on behavioral economics, along with all-new problems, vignettes, and features that engage readers and help them focus on the central ideas in economics today.
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0134641752 / 9780134641751 Economics Today: The Macro View Plus MyLab Economics with Pearson eText -- Access Card Package, 19/e
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About 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.
Table of ContentsPreface.
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. Your Future with Social Security.
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, MONETARY POLICY, AND STABILIZATION.14. Money and Banking Systems.
15. Money Creation, Payment Systems, and Deposit Insurance.
16. Electronic Banking.
17. Domestic and International Monetary Policy.
18. Stabilization in an Integrated World Economy.
In this volume, Chapter 18 is followed by Chapter 32.
VIII. GLOBAL ECONOMICS.
33. Exchange Rates and the Balance of Payments.
Answers to Odd-Numbered Problems.
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