Economics Today: The Micro View, 21st edition

  • Roger LeRoy Miller

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Economics Today: The Micro 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.

Published by Pearson (March 26th 2025) - Copyright © 2026

ISBN-13: 9780135374863

Subject: Economics

Category: Principles of Economics

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 5: DIMENSIONS OF MICROECONOMICS

  1. Demand and Supply Elasticity
  2. Consumer Choice
  3. Rents, Profits, and the Financial Environment of Business

PART 6: MARKET STRUCTURE, RESOURCE ALLOCATION, AND REGULATION

  1. The Firm: Cost and Output Determination
  2. Perfect Competition
  3. Monopoly
  4. Monopolistic Competition
  5. Oligopoly and Strategic Behavior
  6. Regulation and Antitrust Policy in a Globalized Economy

PART 7: LABOR RESOURCES AND THE ENVIRONMENT

  1. The Labor Market
  2. Income, Poverty, and Health Care
  3. Environmental Economics

PART 8: GLOBAL ECONOMICS

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