Synopses & Reviews
Readers learn best when they see a concept applied in the context of examples
they understand. That is why
Economics Today is so successful when readers hail from a wide variety of backgrounds. An abundance of relentlessly current, news-worthy examples motivate every chapter and reflect the interests of today’s diverse reader population.
Introduction: The Nature of Economics; Scarcity and the World of Trade-Offs; Demand and Supply; Extensions of Demand and Supply Analysis; The Public Sector and Public Choice; Taxes, Transfers, and Public Spending; Introduction to Macroeconomics and Economic Growth : The Macroeconomy: Unemployment, Inflation, and Deflation; Measuring the Economy’s Performance; Global Economic Growth and Development; Real GDP Determination and Fiscal Policy: Real GDP and the Price Level in the Long Run; Classical and Keynesian Macro Analyses; Consumption, Real GDP, and the Multiplier; Fiscal Policy; Deficit Spending and the Public Debt; Money, Stabilization, and Growth: Money, Banking, and Central Banking; Money Creation and Deposit Insurance; Domestic and International Dimensions of Monetary Policy; Stabilization Policies in the Global Economy; Policies and Prospects for Global Economic Growth; Dimensions of Microeconomics: Consumer Choice; Demand and Supply Elasticity; Rents, Profits, and the Financial Environment of Business; Market Structure, Resource Allocation, and Regulation: The Firm: Cost and Output Determination; Perfect Competition; Monopoly; Monopolistic Competition; Oligopoly and Strategic Behavior; Regulation and Antitrust in a Globalized Economy; Labor Resources and the Environment: The Labor Market: Demand, Supply, and Outsourcing; Unions and Labor Market Monopoly Power; Income, Poverty, and Health Care; Environmental Economics; Global Economics: Comparative Advantage and the Open Economy; Exchange Rates and the Balance of Payments
For all readers interested in principles of economics.
About the Author
Roger LeRoy Miller received his Ph.D. from the University of Chicago. He is currently Director of the Institute for University Studies in Arlington, Texas. Dr. Miller is a legal specialist and author of numerous books on law and the legal environment, including criminal procedure. In addition, Dr. Miller has authored books on the war on drugs, the economics of crime and criminal behavior, and on related topics.
Table of Contents
Part 1. 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 2: Introduction to Macroeconomics and Economic Growth
Chapter 7: The Macroeconomy: Unemployment, Inflation, and Deflation
Chapter 8: Measuring the Economy’s Performance
Chapter 9: Global Economic Growth and Development
Part 3: 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 4: Money, Stabilization, and Growth
Chapter 15: Money, Banking, and Central Banking
Chapter 16: Money Creation and Deposit Insurance
Chapter 17: Domestic and International Dimensions of Monetary Policy
Chapter 18: Stabilization Policies in the Global Economy
Chapter 19: Policies and Prospects for Global Economic Growth
Part 5: Dimensions of Microeconomics
Chapter 20: Consumer Choice
Chapter 21: Demand and Supply Elasticity
Chapter 22: Rents, Profits, and the Financial Environment of Business
Part 6: 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 in a Globalized Economy
Part 7: 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 8: Global Economics
Chapter 33: Comparative Advantage and the Open Economy
Chapter 34: Exchange Rates and the Balance of Payments