Modern Managerial Economics
Modern Managerial Economics: Economic Theory for Business Decisions
William F. Samuelson, Stephen G. Marks, Jay L. Zagorsky. 304 Game Theory and Competitive Strategy TABLE 10.4 The Battle ... If Staples enters, Office Depot's best response is to stay out. Thus, entry by Staples alone is an equilibrium.
The right economic tools to make the right business decisions! In today's highly competitive business environments, managers must be able to make increasingly complex decisions-decisions that sometimes determine whether...
Much of this analysis is applied microeconomics, in one form or another. Recently the emphasis in managerial economics courses has swung towards business studies and this new edition reflects this shift.
In addition to the essentials of managerial economics, the book presents links to other managerial functions, including accounting, finance, human resource management, and marketing.
"This book begins by teaching managers the practical utility of basic economic tools such as present value analysis, supply and demand, regression, indifference curves, isoquants, production, costs, and the basic models of perfect ...
However, it is implicit that these are exam-oriented Study Material and students are advised to attend regular class room classes in the Institute and utilize reference books available in the library for In-depth knowledge.
Managerial Economics (a Modern Approach)
In this sense, economics is an essential component in business education and decision making. This book assumes a limited background in economics. It emphasizes fundamentals and presents an ideal mix of theory and application.