Managerial Economics, Fourth Edition, has been thoroughly updated and revised to reflect the complex business environment within which today's managers make decisions. Professors Petersen and Lewis provide students with a complete introduction to the basic principles of microeconomics while demonstrating how application of economic theory can improve management decision making. This approach involves first introducing the basic concepts of managerial economics and then using the principles to analyze decisions faced by managers. Numerous case studies and solved problems are included throughout the book to highlight the application of important principles.
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 ...
This text illustrates the central decision problems managers face and provide the economic analysis they need to guide these decisions.
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, ...
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.
Managerial Economics-2nd
This timely edition illustrates how today’s effective managers apply economic theory and techniques to solve real-world everyday decision problems.
The text has been extensively updated and rewritten to include new and recent cases and examples from a multitude of countries and economic systems, applied to managerial situations.
Managerial Economics
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