Written for students taking the principles of economics course. By presenting ideas clearly, at an accessible level, and in the context of newsworthy applications, Economics Today is also a valuable resource for professionals seeking a current, real-world introduction to economics.
Economics Today—Bringing the Real World to Your Students
Students learn best when they see concepts applied to examples from their everyday lives. This new edition of Economics Today covers leading-edge issues while lowering barriers to student learning. The text relentlessly pursues the fundamental objective of showing students how economics is front and center in their own lives while providing them with many ways to evaluate their understanding of key concepts covered in each chapter.
Each chapter begins and ends with an Issues and Applications feature, which introduces a timely issue in the chapter opener and analyzes the issue using the economic tools learned in that chapter at the end. This text is also available with MyEconLab®, which includes assessment questions that tie to these Issues and Applications, as well as ABC News video clips. With MyEconLab, students can continue working problems online and receive personalized tutorial resources. Visit MyEconLab for more information.
Note: If you are purchasing the standalone text (ISBN: 0132948907) or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab, please visit: www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching the Pearson Higher Education web site. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.
Product Description
Written for students taking the principles of economics course. By presenting ideas clearly, at an accessible level, and in the context of newsworthy applications, Economics Today is also a valuable resource for professionals seeking a current, real-world introduction to economics.
Economics Today—Bringing the Real World to Your Students
Students learn best when they see concepts applied to examples from their everyday lives. This new edition of Economics Today covers leading-edge issues while lowering barriers to student learning. The text relentlessly pursues the fundamental objective of showing students how economics is front and center in their own lives while providing them with many ways to evaluate their understanding of key concepts covered in each chapter.
Each chapter begins and ends with an Issues and Applications feature, which introduces a timely issue in the chapter opener and analyzes the issue using the economic tools learned in that chapter at the end. This text is also available with MyEconLab®, which includes assessment questions that tie to these Issues and Applications, as well as ABC News video clips. With MyEconLab, students can continue working problems online and receive personalized tutorial resources. Visit MyEconLab for more information.
Note: If you are purchasing the standalone text (ISBN: 0132948907) or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab, please visit: www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching the Pearson Higher Education web site. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.
Features + Benefits
Making the Connection—from the Classroom to the Real World
Economics Today provides current examples with critical analysis questions that show students how economic theory applies to their diverse interests and lives. For the Seventeenth Edition, nearly every example as well as every Issue & Application is NEW!
Current Topics that Students Want to Read: International, Policy, and Domestic Examples. Five types of boxed examples are based on current topics that students want to read. This edition's boxed examples feature current issues such as why it costs so much to go to college, why you should expect to pay more for what you buy on the Internet, the $700 million cost of being able to play 3D movies nationwide, and why e-books are upending the publishing business.
Domestic topics and events are presented through thought-provoking discussions.
Important policy questions help students understand public debates.
Global and international policy examples emphasize the continued importance of international perspectives and policy.
Entire chapters are devoted to high-interest applications such as unions and labor markets; income, poverty, and health care; and environmental economics.
Strong International Chapters and consistent use of International Applications give students exposure to the global economy.
Helping Students Focus and Think Critically
New and revised pedagogical tools engage students and help them focus on the central ideas in economics today.
A Coherent Framework to Enhance Student Learning. By beginning and ending each chapter with the feature, Issues and Applications, Miller's Economics Today provides a coherent framework to enhance learning in each chapter. In the beginning of each chapter, Miller gives students a quick snapshot of a relevant issue. The chapter then ends with an Issues and Applications section that explores that same issue in depth using the economic concepts from that chapter.
Critical Analysis questions, Web Resources, and a Research Project provide further opportunities for discussion and exploration. Suggested answers for Critical Analysis questions are in the Instructor’s Manual.
The end-of-chapter summary shows students what they need to know and where to go in MyEconLab for more practice.
A variety of end-of-chapter problems offer students opportunities to test their knowledge and review chapter concepts. Answers for odd-numbered questions are provided in the back of the text, and all questions are assignable in MyEconLab.
Quick Quizzes encourage student interaction and provide an opportunity for them to check their understanding before moving on. Answers are at the end of the chapter, and more practice questions can be found in MyEconLab.
You Are There discusses real people making real personal and business decisions.
Why Not...? boxes help students think about how the concepts in the book apply to key economic questions, enabling them to see the relevance of economic analysis.
NEW! Engaging What If…? features can be found in every chapter. Students new to economics sometimes believe that complex problems can be solved by simple government policies or solutions that require instantaneous changes in human behavior. The new What If…? features attempt to dispel some of the current notions about how to solve economic issues facing the nation and also encourage students to think like economists. Some examples include:
What If . . . the Government Were to Limit or Even Ban Excessive Advertising?
What If . . . the Government Saved U.S. Jobs From Foreign Competition by Prohibiting All Exports?
What If . . . the Government Required U.S. Firms to Hire Only Workers Who Reside in the United States?
Balance, Flexibility, and Ease of Use for Instructors
Miller Provides Balance and Flexibility! The balance of Keynesian and Classical analysis gives instructors the flexibility to teach the models and schools of thought they want to include in their course.
More Flexibility in Teaching Long-Run Topics. Economic growth and development are covered conceptually in an early macro chapter, and then explored in more depth later, allowing an instructor the flexibility to deal with long-run topics both early on and later in the course.
Instantly Quiz Students in Class & Receive Immediate Feedback! Clicker PowerPoint® slides allow professors to instantly quiz students in class and receive immediate feedback through Clicker Response System technology. These slides provide multiple-choice questions for each chapter from the Test Banks. The Clicker PowerPoint slides are available for instructors to download from the Instructor Resource Center .
Help Your Students Spend More Time Doing Economics Without Spending Too Much Time Grading Their Work
With MyEconLab®—the online tutorial and assessment resource—students spend more time doing economics, and instructors spend less time grading. Visit MyEconLab to learn more, take a tour , and request access.
Complete integration between the book and MyEconLab: Each new student copy comes with prepaid access to a MyEconLab course developed specifically to accompany this text. End-of-chapter questions are available within MyEconLab so students can make the most of their study time.
Learning through practice: For each chapter, students can self-study using the preloaded sample tests and tutorial resources, or they can complete instructor-assigned problems. MyEconLab automatically grades exercises—even graphing problems—so students get instant feedback and personalized Study Plans with links to additional learning tools.
Online instructor tools: Within MyEconLab, instructors can assign preloaded or customized multiple-choice, graphing, algorithmic, and free-response questions. Exercises are auto-graded, and MyEconLab records the results in an online gradebook to effortlessly track student progress.
Economic Videos featuring ABC News: Each video in this series presents an issue using ABC News footage accompanied by commentary from economists to show students the economics behind the news. Visit Economics Videos for more information and to view a demo.
For a complete multimedia book tour of Miller, Economics Today, 17e, Click Here .
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
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. 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
IV. 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
V. DIMENSIONS OF MICROECONOMICS
19. Demand and Supply Elasticity
20. Consumer Choice
21. Rents, Profits, and the Financial Environment of Business
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 and Antitrust Policy in a Globalized Economy
VII. 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
VIII. GLOBAL ECONOMICS
32. Comparative Advantage and the Open Economy
33. Exchange Rates and the Balance of Payments
Economics Today—Bringing the Real World to Your Students
Students learn best when they see concepts applied to examples from their everyday lives. This new edition of Economics Today covers leading-edge issues while lowering barriers to student learning. The text relentlessly pursues the fundamental objective of showing students how economics is front and center in their own lives while providing them with many ways to evaluate their understanding of key concepts covered in each chapter.
Each chapter begins and ends with an Issues and Applications feature, which introduces a timely issue in the chapter opener and analyzes the issue using the economic tools learned in that chapter at the end. This text is also available with MyEconLab®, which includes assessment questions that tie to these Issues and Applications, as well as ABC News video clips. With MyEconLab, students can continue working problems online and receive personalized tutorial resources. Visit MyEconLab for more information.
Note: If you are purchasing the standalone text (ISBN: 0132948907) or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab, please visit: www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching the Pearson Higher Education web site. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.
Product Description
Written for students taking the principles of economics course. By presenting ideas clearly, at an accessible level, and in the context of newsworthy applications, Economics Today is also a valuable resource for professionals seeking a current, real-world introduction to economics.
Economics Today—Bringing the Real World to Your Students
Students learn best when they see concepts applied to examples from their everyday lives. This new edition of Economics Today covers leading-edge issues while lowering barriers to student learning. The text relentlessly pursues the fundamental objective of showing students how economics is front and center in their own lives while providing them with many ways to evaluate their understanding of key concepts covered in each chapter.
Each chapter begins and ends with an Issues and Applications feature, which introduces a timely issue in the chapter opener and analyzes the issue using the economic tools learned in that chapter at the end. This text is also available with MyEconLab®, which includes assessment questions that tie to these Issues and Applications, as well as ABC News video clips. With MyEconLab, students can continue working problems online and receive personalized tutorial resources. Visit MyEconLab for more information.
Note: If you are purchasing the standalone text (ISBN: 0132948907) or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab, please visit: www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching the Pearson Higher Education web site. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.
Features + Benefits
Making the Connection—from the Classroom to the Real World
Economics Today provides current examples with critical analysis questions that show students how economic theory applies to their diverse interests and lives. For the Seventeenth Edition, nearly every example as well as every Issue & Application is NEW!
Current Topics that Students Want to Read: International, Policy, and Domestic Examples. Five types of boxed examples are based on current topics that students want to read. This edition's boxed examples feature current issues such as why it costs so much to go to college, why you should expect to pay more for what you buy on the Internet, the $700 million cost of being able to play 3D movies nationwide, and why e-books are upending the publishing business.
Domestic topics and events are presented through thought-provoking discussions.
Important policy questions help students understand public debates.
Global and international policy examples emphasize the continued importance of international perspectives and policy.
Entire chapters are devoted to high-interest applications such as unions and labor markets; income, poverty, and health care; and environmental economics.
Strong International Chapters and consistent use of International Applications give students exposure to the global economy.
Helping Students Focus and Think Critically
New and revised pedagogical tools engage students and help them focus on the central ideas in economics today.
A Coherent Framework to Enhance Student Learning. By beginning and ending each chapter with the feature, Issues and Applications, Miller's Economics Today provides a coherent framework to enhance learning in each chapter. In the beginning of each chapter, Miller gives students a quick snapshot of a relevant issue. The chapter then ends with an Issues and Applications section that explores that same issue in depth using the economic concepts from that chapter.
Critical Analysis questions, Web Resources, and a Research Project provide further opportunities for discussion and exploration. Suggested answers for Critical Analysis questions are in the Instructor’s Manual.
The end-of-chapter summary shows students what they need to know and where to go in MyEconLab for more practice.
A variety of end-of-chapter problems offer students opportunities to test their knowledge and review chapter concepts. Answers for odd-numbered questions are provided in the back of the text, and all questions are assignable in MyEconLab.
Quick Quizzes encourage student interaction and provide an opportunity for them to check their understanding before moving on. Answers are at the end of the chapter, and more practice questions can be found in MyEconLab.
You Are There discusses real people making real personal and business decisions.
Why Not...? boxes help students think about how the concepts in the book apply to key economic questions, enabling them to see the relevance of economic analysis.
NEW! Engaging What If…? features can be found in every chapter. Students new to economics sometimes believe that complex problems can be solved by simple government policies or solutions that require instantaneous changes in human behavior. The new What If…? features attempt to dispel some of the current notions about how to solve economic issues facing the nation and also encourage students to think like economists. Some examples include:
What If . . . the Government Were to Limit or Even Ban Excessive Advertising?
What If . . . the Government Saved U.S. Jobs From Foreign Competition by Prohibiting All Exports?
What If . . . the Government Required U.S. Firms to Hire Only Workers Who Reside in the United States?
Balance, Flexibility, and Ease of Use for Instructors
Miller Provides Balance and Flexibility! The balance of Keynesian and Classical analysis gives instructors the flexibility to teach the models and schools of thought they want to include in their course.
More Flexibility in Teaching Long-Run Topics. Economic growth and development are covered conceptually in an early macro chapter, and then explored in more depth later, allowing an instructor the flexibility to deal with long-run topics both early on and later in the course.
Instantly Quiz Students in Class & Receive Immediate Feedback! Clicker PowerPoint® slides allow professors to instantly quiz students in class and receive immediate feedback through Clicker Response System technology. These slides provide multiple-choice questions for each chapter from the Test Banks. The Clicker PowerPoint slides are available for instructors to download from the Instructor Resource Center .
Help Your Students Spend More Time Doing Economics Without Spending Too Much Time Grading Their Work
With MyEconLab®—the online tutorial and assessment resource—students spend more time doing economics, and instructors spend less time grading. Visit MyEconLab to learn more, take a tour , and request access.
Complete integration between the book and MyEconLab: Each new student copy comes with prepaid access to a MyEconLab course developed specifically to accompany this text. End-of-chapter questions are available within MyEconLab so students can make the most of their study time.
Learning through practice: For each chapter, students can self-study using the preloaded sample tests and tutorial resources, or they can complete instructor-assigned problems. MyEconLab automatically grades exercises—even graphing problems—so students get instant feedback and personalized Study Plans with links to additional learning tools.
Online instructor tools: Within MyEconLab, instructors can assign preloaded or customized multiple-choice, graphing, algorithmic, and free-response questions. Exercises are auto-graded, and MyEconLab records the results in an online gradebook to effortlessly track student progress.
Economic Videos featuring ABC News: Each video in this series presents an issue using ABC News footage accompanied by commentary from economists to show students the economics behind the news. Visit Economics Videos for more information and to view a demo.
For a complete multimedia book tour of Miller, Economics Today, 17e, Click Here .
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
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. 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
IV. 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
V. DIMENSIONS OF MICROECONOMICS
19. Demand and Supply Elasticity
20. Consumer Choice
21. Rents, Profits, and the Financial Environment of Business
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 and Antitrust Policy in a Globalized Economy
VII. 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
VIII. GLOBAL ECONOMICS
32. Comparative Advantage and the Open Economy
33. Exchange Rates and the Balance of Payments