[Ebook PDF] Economics Today, 19th Edition

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Authors: by Roger LeRoy Miller (Author)

For courses in General Economics.

Economics brought to life through real-world application

People learn best when they see concepts applied to examples from their everyday lives, so Economics Today 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.

BRIEF CONTENTS

PART 1 Introduction
1 The Nature of Economics 1
2 Scarcity and the World of Trade-Offs 27
3 Demand and Supply 49
4 Extensions of Demand and Supply Analysis 75
5 Public Spending and Public Choice 100
6 Funding the Public Sector 124
PART 2 Introduction to Macroeconomics and Economic Growth
7 The Macroeconomy: Unemployment, Inflation, and Deflation 142
8 Measuring the Economy’s Performance 164
9 Global Economic Growth and Development 189
PART 3 Real GDP Determination and Fiscal Policy
10 Real GDP and the Price Level in the Long Run 212
11 Classical and Keynesian Macro Analyses 232
12 Consumption, Real GDP, and the Multiplier 253
13 Fiscal Policy 281
14 Deficit Spending and the Public Debt 303
PART 4 Money, Stabilization, and Growth
15 Money, Banking, and Central Banking 322
16 Domestic and International Dimensions of Monetary Policy 349
17 Stabilization in an Integrated World Economy 374
18 Policies and Prospects for Global Economic Growth 397
PART 5 Dimensions of Microeconomics
19 Demand and Supply Elasticity 416
20 Consumer Choice 437
21 Rents, Profits, and the Financial Environment of Business 465
PART 6 Market Structure, Resource Allocation, and Regulation
22 The Firm: Cost and Output Determination 486
23 Perfect Competition 510
24 Monopoly 535
25 Monopolistic Competition 559
26 Oligopoly and Strategic Behavior 578
27 Regulation and Antitrust Policy in a Globalized Economy 600
PART 7 Labor Resources and the Environment
28 The Labor Market: Demand, Supply, and Outsourcing 624
29 Unions and Labor Market Monopoly Power 648
30 Income, Poverty, and Health Care 668
31 Environmental Economics 692
PART 8 Global Economics
32 Comparative Advantage and the Open Economy 710
33 Exchange Rates and the Balance of Payments 732