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Miller1e
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Feature Summary
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Student Edition
Instructor Edition
Principles of Microeconomics

James D. Miller, Smith College

ISBN: 0073402834
Copyright year: 2009

Feature Summary



Student Engagement: Effectively engages students inside and outside the classroom.

  • Intuition. Takes students on a journey of economics intuition, making concepts clear through original, fictional stories. Miller does not displace analysis of traditional microeconomic theory; rather, he uses the stories to stimulate student interest and provide a non-mathematical, intuitive introduction to numerous concepts.

  • Innovation. A majority of the chapters feature a focus on technological innovation, one the main driving factors in the economy. Examples are chosen that will resonate with students, such as iPods and open-source software.

  • Humor. Each chapter incorporates cartoons, anecdotes or quips that offer perspective and help bring levity to complex subject matter.

  • Design. Bold Graphics and frequent illustrations keep students’ attention and reinforce the real-world ties of even the fictional stories.

Economics Concepts: Presents a clear, complete approach to teaching microeconomics. Covers all sides of the economics picture today, including the gritty questions that students really want to know.

  • Fallibility of Government. While most texts tend to portray government as having only a positive effect on economies, Miller 1e strives to show that governments, as well as markets, can be imperfect.

  • Property Rights. Miller 1e devotes an entire chapter to the concepts and controversies surrounding property rights both domestically and abroad.

  • International Examples. Since microeconomics encompasses more than just domestic issues, Miller 1e uses an international lens when dealing with the concepts presented in the text to help students make connection between economic theory and the reality of the world today.

  • Costs and Elasticities. Miller, 1e presents the typically dry topics of costs and elasticities in a new and fresh way, emphasizing real-world examples that are relevant to students’ lives and experiences.

  • Intuitive Organization. The chapters can be covered in order up to Chapter 13, and Chapters 14-17 can be covered in any order the instructor deems appropriate. Additionally, for condensed courses, Chapters 11-13 can be skipped without any loss of continuity.

Pedagogy: Avoids clutter and keeps text streamlined and accessibly by employing only those pedagogical elements that instructors have said actually facilitate learning.

  • Class Discussion. Most chapters feature thought-provoking topics and extensive end-of-chapter questions that encompass a variety of discussion topics perfect for classroom dialogue.

  • Rhetorical Questions. Poses several questions that prompt students to think about what they would do in a given situation. This allows them to apply economic concepts to their everyday lives, and encourages them to reevaluate the world they often take for granted.

  • Learning Objectives. Complete learning objectives are outlined on the first page of each chapter to provide easy metrics by which to measure student achievement.

  • Short Intro Section. Combines the first two introductory chapters into one chapter to eliminate a great deal of needless textbook exposition in favor of using examples that students can identify immediately, without extensive set-up.


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