Author: Donald N. Stengel
Publisher: Business Expert Press
ISBN: 1606492209
Category : Business & Economics
Languages : en
Pages : 163
Book Description
Economic principles inform good business decision making. Although economics is sometimes dismissed as a discourse of practical relevance to only a relatively small circle of academicians and policy analysts who call themselves economists, sound economic reasoning benefits any manager of a business, whether they are involved with production/operations, marketing, finance, or corporate strategy. Along with enhancing decision making, the field of economics provides a common language and framework for comprehending and communicating phenomena that occur within a business, as well as between a business and its environment. This text addresses the core of a subject commonly called managerial economics, which is the application of microeconomics to business decisions. Key relationships between price, quantity, cost, revenue, and profit for an individual firm are presented in form of simple conceptual models. The text includes key elements from the economics of consumer demand and the economics of production. The book discusses economic motivations for expanding a business and contributions from economics for improved organization of large firms. Market price quantity equilibrium, competitive behavior, and the role of market structure on market equilibrium and competition are addressed. Finally, the text considers market regulation in terms of the generic problems that create the need for regulation and possible remedies for those problems. Although the academic literature of managerial economics often employs abstract mathematics and large corporations create and use sophisticated mathematical models that apply economics, this book focuses on concepts, terminology, and principles, with minimal use of mathematics. The reader will gain a better understanding of why businesses and markets function as they do and how those institutions can function better.
Managerial Economics
Author: Donald N. Stengel
Publisher: Business Expert Press
ISBN: 1606492209
Category : Business & Economics
Languages : en
Pages : 163
Book Description
Economic principles inform good business decision making. Although economics is sometimes dismissed as a discourse of practical relevance to only a relatively small circle of academicians and policy analysts who call themselves economists, sound economic reasoning benefits any manager of a business, whether they are involved with production/operations, marketing, finance, or corporate strategy. Along with enhancing decision making, the field of economics provides a common language and framework for comprehending and communicating phenomena that occur within a business, as well as between a business and its environment. This text addresses the core of a subject commonly called managerial economics, which is the application of microeconomics to business decisions. Key relationships between price, quantity, cost, revenue, and profit for an individual firm are presented in form of simple conceptual models. The text includes key elements from the economics of consumer demand and the economics of production. The book discusses economic motivations for expanding a business and contributions from economics for improved organization of large firms. Market price quantity equilibrium, competitive behavior, and the role of market structure on market equilibrium and competition are addressed. Finally, the text considers market regulation in terms of the generic problems that create the need for regulation and possible remedies for those problems. Although the academic literature of managerial economics often employs abstract mathematics and large corporations create and use sophisticated mathematical models that apply economics, this book focuses on concepts, terminology, and principles, with minimal use of mathematics. The reader will gain a better understanding of why businesses and markets function as they do and how those institutions can function better.
Publisher: Business Expert Press
ISBN: 1606492209
Category : Business & Economics
Languages : en
Pages : 163
Book Description
Economic principles inform good business decision making. Although economics is sometimes dismissed as a discourse of practical relevance to only a relatively small circle of academicians and policy analysts who call themselves economists, sound economic reasoning benefits any manager of a business, whether they are involved with production/operations, marketing, finance, or corporate strategy. Along with enhancing decision making, the field of economics provides a common language and framework for comprehending and communicating phenomena that occur within a business, as well as between a business and its environment. This text addresses the core of a subject commonly called managerial economics, which is the application of microeconomics to business decisions. Key relationships between price, quantity, cost, revenue, and profit for an individual firm are presented in form of simple conceptual models. The text includes key elements from the economics of consumer demand and the economics of production. The book discusses economic motivations for expanding a business and contributions from economics for improved organization of large firms. Market price quantity equilibrium, competitive behavior, and the role of market structure on market equilibrium and competition are addressed. Finally, the text considers market regulation in terms of the generic problems that create the need for regulation and possible remedies for those problems. Although the academic literature of managerial economics often employs abstract mathematics and large corporations create and use sophisticated mathematical models that apply economics, this book focuses on concepts, terminology, and principles, with minimal use of mathematics. The reader will gain a better understanding of why businesses and markets function as they do and how those institutions can function better.
The Economics of Managerial Decisions
Author: Roger D. Blair
Publisher:
ISBN: 9780133548235
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Economic foundations -- Managerial economics and decision making -- Demand and supply -- Measuring and using demand -- Market structure and managerial decisions -- Production and costs -- Perfect competition -- Monopoly and monopolistic competition -- Cartels and oligopoly -- Game theory and oligopoly -- A manager's guide to antitrust policy -- Managerial decisions -- Advanced pricing decisions -- Decisions about vertical integration and distribution -- Decisions about production, products, and location -- Marketing decisions : advertising and promotion -- Business decisions under uncertainty -- Managerial decisions about information -- Using present value to make multiperiod managerial decisions -- Answer key to chapters -- Answer key to calculus appendix
Publisher:
ISBN: 9780133548235
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Economic foundations -- Managerial economics and decision making -- Demand and supply -- Measuring and using demand -- Market structure and managerial decisions -- Production and costs -- Perfect competition -- Monopoly and monopolistic competition -- Cartels and oligopoly -- Game theory and oligopoly -- A manager's guide to antitrust policy -- Managerial decisions -- Advanced pricing decisions -- Decisions about vertical integration and distribution -- Decisions about production, products, and location -- Marketing decisions : advertising and promotion -- Business decisions under uncertainty -- Managerial decisions about information -- Using present value to make multiperiod managerial decisions -- Answer key to chapters -- Answer key to calculus appendix
Managerial Economics
Author: Nick Wilkinson
Publisher: Cambridge University Press
ISBN: 1108839142
Category : Business & Economics
Languages : en
Pages : 811
Book Description
A user-friendly problem-solving approach to managerial economics, with a focus on the transformative effects of the digital revolution.
Publisher: Cambridge University Press
ISBN: 1108839142
Category : Business & Economics
Languages : en
Pages : 811
Book Description
A user-friendly problem-solving approach to managerial economics, with a focus on the transformative effects of the digital revolution.
Managerial Economics
Author: Paul G. Keat
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 664
Book Description
Illustrating the theory of managerial economics with an integrated case on the soft drink industry, this text shows students how to solve real business problems by enabling them to apply economic principles to everyday business activity.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 664
Book Description
Illustrating the theory of managerial economics with an integrated case on the soft drink industry, this text shows students how to solve real business problems by enabling them to apply economic principles to everyday business activity.
Data Analysis for Business, Economics, and Policy
Author: Gábor Békés
Publisher: Cambridge University Press
ISBN: 1108483011
Category : Business & Economics
Languages : en
Pages : 741
Book Description
A comprehensive textbook on data analysis for business, applied economics and public policy that uses case studies with real-world data.
Publisher: Cambridge University Press
ISBN: 1108483011
Category : Business & Economics
Languages : en
Pages : 741
Book Description
A comprehensive textbook on data analysis for business, applied economics and public policy that uses case studies with real-world data.
Advances in Cross-Section Data Methods in Applied Economic Research
Author: Nicholas Tsounis
Publisher: Springer Nature
ISBN: 3030382532
Category : Business & Economics
Languages : en
Pages : 720
Book Description
This proceedings volume presents new methods and applications in applied economics with special interest in advanced cross-section data estimation methodology. Featuring select contributions from the 2019 International Conference on Applied Economics (ICOAE 2019) held in Milan, Italy, this book explores areas such as applied macroeconomics, applied microeconomics, applied financial economics, applied international economics, applied agricultural economics, applied marketing and applied managerial economics. International Conference on Applied Economics (ICOAE) is an annual conference that started in 2008, designed to bring together economists from different fields of applied economic research, in order to share methods and ideas. Applied economics is a rapidly growing field of economics that combines economic theory with econometrics, to analyze economic problems of the real world, usually with economic policy interest. In addition, there is growing interest in the field of applied economics for cross-section data estimation methods, tests and techniques. This volume makes a contribution in the field of applied economic research by presenting the most current research. Featuring country specific studies, this book is of interest to academics, students, researchers, practitioners, and policy makers in applied economics, econometrics and economic policy.
Publisher: Springer Nature
ISBN: 3030382532
Category : Business & Economics
Languages : en
Pages : 720
Book Description
This proceedings volume presents new methods and applications in applied economics with special interest in advanced cross-section data estimation methodology. Featuring select contributions from the 2019 International Conference on Applied Economics (ICOAE 2019) held in Milan, Italy, this book explores areas such as applied macroeconomics, applied microeconomics, applied financial economics, applied international economics, applied agricultural economics, applied marketing and applied managerial economics. International Conference on Applied Economics (ICOAE) is an annual conference that started in 2008, designed to bring together economists from different fields of applied economic research, in order to share methods and ideas. Applied economics is a rapidly growing field of economics that combines economic theory with econometrics, to analyze economic problems of the real world, usually with economic policy interest. In addition, there is growing interest in the field of applied economics for cross-section data estimation methods, tests and techniques. This volume makes a contribution in the field of applied economic research by presenting the most current research. Featuring country specific studies, this book is of interest to academics, students, researchers, practitioners, and policy makers in applied economics, econometrics and economic policy.
Applied Statistics in Business and Economics
Author: David P. Doane
Publisher:
ISBN: 9780071108140
Category : Commercial statistics
Languages : en
Pages : 834
Book Description
David Doane offers an Excel focused approach to using statistics in business. All statistical concepts are illustrated with applied examples immediately upon introduction.
Publisher:
ISBN: 9780071108140
Category : Commercial statistics
Languages : en
Pages : 834
Book Description
David Doane offers an Excel focused approach to using statistics in business. All statistical concepts are illustrated with applied examples immediately upon introduction.
Applied Managerial Economics
Author: Julian Lincoln Simon
Publisher: Prentice Hall
ISBN:
Category : Corporations
Languages : en
Pages : 508
Book Description
Publisher: Prentice Hall
ISBN:
Category : Corporations
Languages : en
Pages : 508
Book Description
Managerial Economics
Author: James R. McGuigan
Publisher: South Western Educational Publishing
ISBN: 9780324259230
Category : Manaerial economics
Languages : en
Pages : 0
Book Description
With its emphasis on real world, manager-oriented applications, this text shows students how managers apply theories and techniques to analyse and solve real-world business problems.
Publisher: South Western Educational Publishing
ISBN: 9780324259230
Category : Manaerial economics
Languages : en
Pages : 0
Book Description
With its emphasis on real world, manager-oriented applications, this text shows students how managers apply theories and techniques to analyse and solve real-world business problems.
Managerial Economics
Author: Mark Hirschey
Publisher:
ISBN: 9789814410823
Category : Managerial economics
Languages : en
Pages : 0
Book Description
Publisher:
ISBN: 9789814410823
Category : Managerial economics
Languages : en
Pages : 0
Book Description