Economics Theory and Practice

ISBN-10: 111823359X
ISBN-13: 9781118233597
Edition: 10th 2013
List price: $202.99 Buy it from $0.69 Rent it from $61.20
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Description: Welch's Theory & Practice provides information about fundamental institutions and relationships that affect quality of life, and provides a framework for thinking through and understanding the process of decision making. Furthermore, the text is  More...

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Book details

List price: $202.99
Edition: 10th
Copyright year: 2013
Publisher: John Wiley & Sons, Limited
Publication date: 8/9/2013
Binding: Paperback
Pages: 560
Size: 8.00" wide x 10.00" long x 0.50" tall
Weight: 2.354
Language: English

Welch's Theory & Practice provides information about fundamental institutions and relationships that affect quality of life, and provides a framework for thinking through and understanding the process of decision making. Furthermore, the text is designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics.

Introduction to Economics
Introduction to Economics
Economic Decision Making and Economic Systems
Demand, Supply, and Price Determination
The Macroeconomy
Goals & Problems of the Macroeconomy: Employment, Prices, & Production
Foundations of the Macroeconomy
The Role of Government in the Macroeconomy
Money, Financial Institutions, and the Federal Reserve
Money Creation, Monetary Theory, and Monetary Policy
Macroeconomic Viewpoints and Models
The Microeconomy
Households and Businesses: An Overview
Benefits, Costs, and Maximization
Production and the Costs of Production
Competition and Market Structures
Government and the Markets
Labor Markets, Unions, and the Distribution of Income
The International Economy
International Trade
International Finance

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