Managerial economics
Material type:
- 9798178085301
- 330.024 PET 4th ed.
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Gandhi Smriti Library | 330.024 PET 4th ed. (Browse shelf(Opens below)) | Available | 87348 |
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330.0207 BIS Pocket Economist | 330.0212 CHA Statistics for business and economics | 330.024 HIR Economics for managers | 330.024 PET 4th ed. Managerial economics | 330.024 SAL 4th ed Manegerial economics in a global economy | 330.0243430721 NIE Economics for competition lawyers | 330.024658 DAM Managerial economics |
MANAGERIAL ECONOMICS, Fourth Edition, has been thoroughly updated and revised to reflect the complex business environment within which today's managers make decisions. Painstaking actions have been taken to ensure the accuracy, currency, and relevancy of the new edition. Professors Petersen and Lewis provides 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 princi ples to analyze decisions faced by managers. Numerous case studies and solved problems are included throughout the book to highlight the application of important principles.
Key changes in the Fourth Edition include:
increased emphasis on the maximization of shareholders value.
new material on the principal-agent problem. a new section on managing risk, including insurance, diversification.
and heading. new coverage of topics such as factor productivity, stages of
production, and contestable markets. each of the eight sections in the text now conclude with an integrating case study problem.
TOOLS software is available in a Windows format (downloadable from www.prenhall.com/petersen) and is tied to problems in the text. It contains routines for time value of money, multiple regression, statistics of a probability distribution, trend projection. input/output projections, linear programming, cost-benefit analysis and other quantitative techniques.
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