Economics Today: The Macro View, 21st edition

Published by Pearson (April 3, 2025) © 2026

  • Roger LeRoy Miller Institute for University Studies, Arlington Texas
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Title overview

Economics Today: The Macro View uses real, captivating examples to connect economics to our everyday lives and to today’s most cutting-edge issues. Through a range of critical-analysis features, author Roger Miller drives home economic theory by focusing on the practical applications and real implications of economic decisions.

The 21st Edition was revised to make learning more efficient for students. All-new examples keep the content fresh and focused on today’s most salient domestic and global economic events. A new feature on diversity and an expanded feature on artificial intelligence illustrate the cause and effect of economic principles. Additionally, a new feature called Why does...? gets to the bottom of economic policy and its consequences.

Table of contents

PART 1: 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

PART 2: INTRODUCTION TO MACROECONOMICS AND ECONOMIC GROWTH

  1. The Macroeconomy: Unemployment, Inflation, and Deflation
  2. Measuring the Economy’s Performance
  3. Global Economic Growth and Development

PART 3: REAL GDP DETERMINATION AND FISCAL POLICY

  1. Real GDP and the Price Level in the Long Run
  2. Classical and Keynesian Macro Analyses
  3. Consumption, Real GDP, and the Multiplier
  4. Fiscal Policy
  5. Deficit Spending and the Public Debt

PART 4: MONEY, STABILIZATION, AND GROWTH

  1. Money, Banking, and Central Banking
  2. Domestic and International Dimensions of Monetary Policy
  3. Stabilization in an Integrated World Economy
  4. Policies and Prospects for Global Economic Growth

PART 8: GLOBAL ECONOMICS

  1. Comparative Advantage and the Open Economy
  2. Exchange Rates and the Balance of Payments

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