Economics: Theory and Practice

The ninth edition introduces business professionals to basic economic concepts, institutions, relationships, and terminology. It has been updated with the most current qualitative data. Over 20 new applications have been added that help them connect economics to real-world experiences. They’ll gain insight into green economics and how business and the environment are related. Critical Thinking Cases are presented at the end of the chapter to show how concepts are applied. Up for Debate sections also examine the different sides of current economic issues. These updates prepare business professionals to apply their economic knowledge in the field.

A wealth of updates and new applications make this definitive basic economics text more relevant than ever.

Economics: Theory & Practice has been introducing students to vital economic concepts, institutions, relationships, and terminology through eight successful editions. Updated with the most current qualitative data, the Ninth Edition features new content and applications designed to connect economics concepts to real-world conditions and better prepare students in their classes, everyday lives, and today's evolving business environment.

In this latest edition, the authors have added valuable insights into green economics and how effective business practices must incorporate environmental awareness.

Other features of the 9th Edition include:

• Full integration of twenty-plus new Applications
• Thoroughly updated chapters with the most current qualitative data
• New Critical Thinking Cases at the end of each chapter to show how concepts are applied
• New Up for Debate sections that examine the diverse sides of current economic issues'
• Test Your Understanding boxes which reinforce key concepts and material
• Flexibility in approach, instructor-friendly in structure, and student-friendly in language