The fourth edition of this textbook in managerial economics has been revised and updated and the expanded topics reflect changes in the literature since the previous edition, including transactions cost analysis, contracting and incentives, and strategic decision theory. Managerial Economics, fourth edition has been designed for ease of use by European students and lecturers and is core reading for those studying the economic theory behind business management and the business environment in which firms operate. It includes emphasis on European examples of real world business situations, boxed case studies relating theory to practice and European Union regulatory practice. The end of the book includes questions to accompany individual chapters and further reading lists.
Michael Porter, “The Contributions of Industrial Organization to Strategic Management,” Academy of Management Review 6 (1981): 609–620. Michael Porter, Competitive Strategy (New York: Free Press, 1980). Profitability.
Managerial Economics 101 — get an easy-to-understand intro to fundamental aspects of managerial economics and the theory of price determination Whose side are you on? — make sense out of the relationship between price and quantity to ...
For a discussion, see B. Worthen, C. Tuna, and J. Scheck, “Companies More Prone to Go 'Vertical,'” The Wall Street Journal (December 1, 2009), p. A1. For a study of Japanese auto production, see S. Nagaoak, A. Takeishi, and Y. Noro, ...
Directed primarily toward undergraduate/MBA students in Economics, this text also provides practical content to current and aspiring industry professionals.
Upper Saddle River, NJ: Prentice-Hall, especially pp. 542–7. Benham, L. (1972) 'The Effect of Advertising on the Price of Eyeglasses', Journal ofLaw and Economics 15(2): 337–52. Brown, J.R. and Goolsbee, A. (2002) 'Does the Internet ...
While maintaining a rigorous style, this book is designed to be one of the most accessible books in managerial economics from which to teach and learn because of its clarity of presentation and strong end of chapter problems.
Also available with MyEconLab® MyEconLab is an online homework, tutorial, and assessment program designed to work with this text to engage students and improve results.
Managerial Economics
Managerial Economics offers a lively presentation of analytical and empirical tools for managerial decision-making. This edition increases the emphasis on managerial applications with more problems, case studies, and questions.
An introduction to managerial economics for students and professionals Managers face decisions every day, and this book examines the main ones managers must address that can be guided by economic analysis.