Economics, Binder Ready Version: Theory and Practice

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John Wiley & Sons, Feb 29, 2016 - Business & Economics - 504 pages
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Economics: Theory & Practice, 11th Edition by Patrick J. Welch and Gerry F. Welch connects theory to the practice of economics and the everyday world through examples and applications, debates, and critical thinking cases—some that are classics in the field and others that are fresh and up-to-date. 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 offer a choice of levels and sequences for a course.

 

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Contents

Introduction to Economics 1
1
CHAPTER 2
2
CHAPTER 8
8
CHAPTER 14
14
in the Extreme
24
CHAPTER 17
29
Demand Supply and Price
53
Employment Prices and Production
85
Benefits Costs
277
Competition and Market
331
Necessity
338
Does Nonprice Competition Waste
345
Take Me Out to the Ball Game
353
The 800 Haircut
360
Act
366
Labor Markets Unions
385

Inflation and Stable Prices
94
Making
117
The Role of Government
151
Backyard
175
Money Creation Monetary Theory
203
Depression of the 1930s
230
Influencing Economic Activity Be Reduced?
249
Economists Think?
255
Go Green
394
for Those Seeking Public Assistance?
408
Bastiat 18011850
431
Countries
451
Answers to Test Your Understanding
461
Index
469
Copyright

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