Assuming you're joining on columns with no duplicates, which is a very common case:
An inner join of A and B gives the result of A intersect B, i.e. the inner part of a Venn diagram intersection.
An outer join of A and B gives the results of A union B, i.e. the outer parts of a Venn diagram union.
Examples
Suppose you have two tables, with a single column each, and data as follows:
A B
- -
1 3
2 4
3 5
4 6
Note that (1,2) are unique to A, (3,4) are common, and (5,6) are unique to B.
Inner join
An inner join using either of the equivalent queries gives the intersection of the two tables, i.e. the two rows they have in common.
select * from a INNER JOIN b on a.a = b.b;
select a.*, b.* from a,b where a.a = b.b;
a | b
--+--
3 | 3
4 | 4
Left outer join
A left outer join will give all rows in A, plus any common rows in B.
select * from a LEFT OUTER JOIN b on a.a = b.b;
select a.*, b.* from a,b where a.a = b.b(+);
a | b
--+-----
1 | null
2 | null
3 | 3
4 | 4
Right outer join
A right outer join will give all rows in B, plus any common rows in A.
select * from a RIGHT OUTER JOIN b on a.a = b.b;
select a.*, b.* from a,b where a.a(+) = b.b;
a | b
-----+----
3 | 3
4 | 4
null | 5
null | 6
Full outer join
A full outer join will give you the union of A and B, i.e. all the rows in A and all the rows in B. If something in A doesn't have a corresponding datum in B, then the B portion is null, and vice versa.
select * from a FULL OUTER JOIN b on a.a = b.b;
a | b
-----+-----
1 | null
2 | null
3 | 3
4 | 4
null | 6
null | 5
The CASE statement is the closest to IF in SQL and is supported on all versions of SQL Server.
SELECT CAST(
CASE
WHEN Obsolete = 'N' or InStock = 'Y'
THEN 1
ELSE 0
END AS bit) as Saleable, *
FROM Product
You only need to use the CAST operator if you want the result as a Boolean value. If you are happy with an int, this works:
SELECT CASE
WHEN Obsolete = 'N' or InStock = 'Y'
THEN 1
ELSE 0
END as Saleable, *
FROM Product
CASE statements can be embedded in other CASE statements and even included in aggregates.
SQL Server Denali (SQL Server 2012) adds the IIF statement which is also available in access (pointed out by Martin Smith):
SELECT IIF(Obsolete = 'N' or InStock = 'Y', 1, 0) as Saleable, * FROM Product
Best Answer
You should specify what RDBMS you are using. This answer is for Oracle, may not work in other systems.