Economics: Theory and Practice

Acknowledged authors Welch, Patrick J., Welch, Gerry F. wrote Economics: Theory and Practice comprising 560 pages back in 2012. Textbook and eTextbook are published under ISBN 111823359X and 9781118233597. Since then Economics: Theory and Practice textbook was available to sell back to BooksRun online for the top buyback price of $ 2.56 or rent at the marketplace.

This book 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.