Psoriasis is a chronic, inflammatory skin condition characterized by well-circumscribed red patches covered with silvery scales. It is caused by a combination of genetic and environmental factors like stress, infection, and certain medications. Common types include plaque, guttate, scalp, and nail psoriasis. Symptoms include itching, burning, and discomfort. Diagnosis is usually made clinically but skin biopsy may show hyperkeratosis, parakeratosis, and inflammatory infiltrate. Treatment involves topical corticosteroids and vitamin D analogues for mild cases or phototherapy and systemic medications like methotrexate for severe cases. Complications can include secondary infection and psoriatic arthritis.