Skip to Content
Economics, 11th Edition
book

Economics, 11th Edition

by Patrick J. Welch, Gerry F. Welch
February 2016
Intermediate to advanced
504 pages
20h 37m
English
Wiley
Content preview from Economics, 11th Edition

Preface

We are pleased to introduce the eleventh edition of Economics: Theory & Practice. Over the decades, many students have learned the basic fundamentals of economics through class work and this textbook, and have come to appreciate the relevancy of the field in their everyday life. The study of basic economic principles and institutions is an important endeavor. It enables us to sort through a daily barrage of information to identify issues and understand them in a knowledge-based framework. Basic economics also introduces us to decision-making tools and thought processes that make us smarter about problem solving. And, importantly, economics shows us that choices made at all levels, from personal to global, are based on values and points of view that differ with decision makers and contexts.

Economics: Theory & Practice is appropriate for a variety of courses from the one-semester introduction or survey course to the one-semester principles of economics course to the economics refresher in an MBA program. Its balanced coverage of microeconomics and macroeconomics, flexibility in topic coverage order, and the use of appendices and chapter sections to shorten or deepen course material give an instructor a choice of levels and sequences for a course.

Through the 10 editions and now the 11th, Economics: Theory & Practice has never lost its focus on student learning, the very foundation of this text. Known as a student-friendly, readable, and understandable textbook, the title ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Economics DeMYSTiFieD

Economics DeMYSTiFieD

Melanie Fox, Eric Dodge
Economics

Economics

Terry Hillman
Managerial Economics

Managerial Economics

Vanita Agarwal
Essentials of Economics in Context, 2nd Edition

Essentials of Economics in Context, 2nd Edition

Neva Goodwin, Jonathan M. Harris, Pratistha Joshi Rajkarnikar, Brian Roach, Tim B. Thornton

Publisher Resources

ISBN: 9781118949733