This unique text explains the relevancy of economics by applying theory to real-world business situations, showing students how to use microeconomics to understand and make decisions in the business world. Basic theory is solidly developed and illustrated with numerical problems, graphs, tables, and boxed references within each chapter. Four hundred end-of-chapter problems help develop analytical skills and show students how to think like economists and analyze economic/business problems. Topics include supply and demand analysis in output and input markets; applications of the monopoly model; several discusssions of competitive pressures and pricing; and how to make decisions under uncertainty or when information is incomplete.
Microeconomics with Business Applications
As this volume demonstrates, game theory provides a compelling guide for analyzing business decisions and strategies.
Microeconomics with Business Applications Second E Dition
Microeconomics: Theory & Applications, 13th Edition teaches students how fundamental tools of analysis are used explain and predict market phenomena.
Diagrams are included to aid the explanation of complex issues, and review and discussion questions are incorporated to consolidate and expand on the learning. A lecturer's supplement accompanies the text.
This book breaks away from the standard microeconomics text for management students in numerous ways.
Written in a style designed to motivate readers and capture their interest, the 6th edition of this text, featuring hundreds of real-world examples and applications brings microeconomic theory to life.
Key Features • Coverage of all topics taught in Indian universities and business schools • Complex theories are explained with self-explanatory diagrams • Plenty of numerical problems • Questions from various universitiy question ...
With added topics, this edition continues to depend heavily on practical applications from the world of business to drive economic issues home to students.
It’s accompanied by a robust media component, SaplingPlus, which combines Sapling’s acclaimed online homework with a complete e-book and all interactive features for the text.