Making the Connection—from the Classroom to the Real World   Economics Today: The Micro View 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?&n

This new edition of Economics Today: The Micro View confronts leading-edge issues while lowering barriers to student learning. The text relentlessly pursues the fundamental objectives of showing students the centrality of economics in their own lives and providing students with many ways to evaluate their understanding of key concepts covered in each chapter.   Modern topics in economic theory and policy are spotlighted throughout the text. These include: Coverage of two-sided markets: The discussion of network effects in Chapter 26 now includes consideration of oligopoly pricing complications that arise in markets in which intermediary platforms link groups of end users. An updated exposition of antitrust guidelines: Chapter 27 has been revised in light of recent changes in concentration measures and thresholds applied by authorities charged with enforcing U.S. antitrust policy. 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? The micro portion of the text now includes the following: Chapter 19 discusses why many rock musicians have been experienced declining revenues from sales of music recordings and concert tickets even though the prices of recordings and tickets have increased. Chapter 24 examines the economic effects of a substantial expansion of occupational licensing requirements that many states impose on their citizens. Chapter 28 evaluates prospects for robotic apps to take away jobs from human beings. Chapter 30 explains why the income gap between males and females has been shrinking and conceivably could eventually disappear.