[Abridged]. We present SEDs for single-age, single-metallicity stellar populations (SSPs) covering the optical range at resolution 2.3A (FWHM). These SEDs constitute our base models, as they combine scaled-solar isochrones with MILES empirical stellar library, which follows the chemical evolution pattern of the solar neighbourhood. The models rely as much as possible on empirical ingredients, not just on the stellar spectra, but also on extensive photometric libraries. The unprecedented stellar parameter coverage of MILES allowed us to safely extend our optical SSP SED predictions from intermediate- to very-old age regimes, and the metallicity coverage of the SSPs from super-solar to [M/H]=-2.3. SSPs with such low metallicities are particularly useful for globular cluster studies. Observed spectra can be studied by means of full spectrum fitting or line-strengths. For the latter we propose a new Line Index System (LIS) to avoid the intrinsic uncertainties associated with the popular Lick/IDS system and provide more appropriate, uniform, spectral resolution. Apart from constant resolution as function of wavelength the system is also based on flux-calibrated spectra. Data can be analyzed at three different resolutions: 5A, 8.4A and 14A (FWHM), which are appropriate for studying globular cluster, low and intermediate-mass galaxies, and massive galaxies, respectively. Polynomials to transform current Lick/IDS line index measurements to the new system are provided. A web-page with a suite of on-line tools to facilitate the handling and transformation of the spectra is available at http://miles.iac.es.
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