Economics: Theory and Practice

A concise treatment of all core topics in economics, the sixth edition of Economics: Theory and Practice provides a thorough grounding in supply and demand theory and an introduction to institutions. Simple conceptual models are reinforced by institutional examples and real-world applications to help students understand key economic relationships and terms. This balanced presentation of macro- and microeconomics is ideally suited for one-term courses in both two and four-year institutions.Welch, Patrick J. is the author of 'Economics: Theory and Practice', published 1982 under ISBN 9780030556265 and ISBN 0030556260.