Economics
Theory and Practice
Published on 29. February 2016
Loose-leaf edition
488 pages
978-1-118-94973-3 (ISBN)
Description
Prepares students to use economic thinking in their classes, careers, and everyday lives
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
Designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics
Accessible language and interesting case studies keep introductory, principles, and survey of economics students engaged with the material
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
Designed as a primary text for an introduction to basic economics or principles of economics and offers a balanced presentation of macroeconomics and microeconomics
Accessible language and interesting case studies keep introductory, principles, and survey of economics students engaged with the material
More details
Edition
11th Edition
Language
English
Place of publication
New York
United States
Target group
College/higher education
Product notice
Loose leaf - sheets & binder
Dimensions
Height: 254 mm
Width: 201 mm
Thickness: 18 mm
Weight
762 gr
ISBN-13
978-1-118-94973-3 (9781118949733)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Previous edition
Patrick J. Welch | Gerry F. Welch
Economics Theory and Practice 10E
Book
12/2012
Wiley
€302.06
Article exhausted; check for reprint
Persons
Patrick J. Welch, St. Louis University, MO.
Gerry F. Welch, St. Louis Community College at Meramec, MO.
Gerry F. Welch, St. Louis Community College at Meramec, MO.
Content
CHAPTER 1 Introduction to Economics 1
CHAPTER 2 Economic Decision Making and Economic Systems 29
CHAPTER 3 Demand, Supply, and Price Determination 53
CHAPTER 4 Goals and Problems of the Macroeconomy: Employment, Prices, and Production 85
CHAPTER 5 Foundations of the Macroeconomy 119
CHAPTER 6 The Role of Government in the Macroeconomy 151
CHAPTER 7 Money, Financial Institutions, and the Federal Reserve 177
CHAPTER 8 Money Creation, Monetary Theory, and Monetary Policy 203
CHAPTER 9 Macroeconomic Viewpoints and Models 233
CHAPTER 10 Households and Businesses: An Overview 257
CHAPTER 11 Benefits, Costs, and Maximization 277
CHAPTER 12 Production and the Costs of Production 307
CHAPTER 13 Competition and Market Structures 331
CHAPTER 14 Government and the Markets 361
CHAPTER 15 Labor Markets, Unions, and the Distribution of Income 385
CHAPTER 16 International Trade 413
CHAPTER 17 International Finance 433
Glossary 453
Answers to "Test Your Understanding" 461
Index 469
CHAPTER 2 Economic Decision Making and Economic Systems 29
CHAPTER 3 Demand, Supply, and Price Determination 53
CHAPTER 4 Goals and Problems of the Macroeconomy: Employment, Prices, and Production 85
CHAPTER 5 Foundations of the Macroeconomy 119
CHAPTER 6 The Role of Government in the Macroeconomy 151
CHAPTER 7 Money, Financial Institutions, and the Federal Reserve 177
CHAPTER 8 Money Creation, Monetary Theory, and Monetary Policy 203
CHAPTER 9 Macroeconomic Viewpoints and Models 233
CHAPTER 10 Households and Businesses: An Overview 257
CHAPTER 11 Benefits, Costs, and Maximization 277
CHAPTER 12 Production and the Costs of Production 307
CHAPTER 13 Competition and Market Structures 331
CHAPTER 14 Government and the Markets 361
CHAPTER 15 Labor Markets, Unions, and the Distribution of Income 385
CHAPTER 16 International Trade 413
CHAPTER 17 International Finance 433
Glossary 453
Answers to "Test Your Understanding" 461
Index 469