📒 Managerial Economics by Donald N. Stengel

Genre : Business & Economics
Publisher : Business Expert Press
ISBN_10 : 9781606492208
Copyright Year : 2011-06-30
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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.

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Genre :
Publisher : Can Akdeniz
ISBN_10 :
Copyright Year : 2019-01-14
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The concept of Managerial Economics is extremely urgent and vital to the field of economics. Also, the idea is state-of-the-art, and it has been used widely in almost all types of businesses. It is one of the three major divisions of economics, which is also very essential for the consumers. Managerial Economics is very important for the procedure of decision-making for a company or any individual business. There can be many decisions such as cost decision, inventory decision, production decision, marketing decision, and strategies, etc. It takes care of all the significant aspects that are required and necessary for the growth and development of a business. It is incredibly beneficial as it renders vital sources that help in the enhancement of the company along with the maximization in its profit. The scope of the Managerial Economics is broad and open, and this division itself is significant for every business.

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📒 Managerial Economics by YOGESH MAHESHWARI

Genre : Business & Economics
Publisher : PHI Learning Pvt. Ltd.
ISBN_10 : 9788120346673
Copyright Year : 2012-09-27
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For courses in managerial economics, this textbook, now in its third edition, is specifically designed for the students of management, commerce and economics to provide them with a thorough understanding of economic concepts and methodologies and the economic environment influencing managerial decisions. The book first lays a sound theoretical foundation of basic concepts, defi-nitions, and methodologies of economics, being an essential prerequisite for students to understand the theory of managerial economics. All the basic principles are introduced with mathematical complexity kept to minimum—essentials of applied mathematics needed for comprehending the under-lying ideas of models and theories of economics are covered. The book then moves on to systematically enumerates the various tools of analysis such as demand analysis, cost analysis, elasticity of demand, production analysis and price theory, and highlights their importance in managerial decision making through the concept-example format, wherein a concept discussed is immediately followed by a practical situation so that the reader can understand its application. The end-of-chapter questions reinforce a deeper understanding of the concepts introduced in the text. An exclusive chapter on linear programming emphasizes the importance of this mathematical tool in finding optimal business solutions. The book concludes with an exhaustive introduction to macroeconomics, analyzing in depth the concepts of inflation, income, savings and investments, and growth and employment in Indian context. New to the Third Edition Revised and expanded coverage of evolution of economic thought, and basic economic terms. An enriched inclusion of demand forecasting techniques, and the Cobb-Douglas production function. An extensive illustration of the commonly used pricing methods and market power. Value addition to the existing list of case studies to enhance students’ understanding of the theoretical concepts.

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📒 Managerial Economics by Thomas J. Webster

Genre : Business & Economics
Publisher : Lexington Books
ISBN_10 : 9781498507943
Copyright Year : 2014-12-24
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Each year, thousands of businesses file for bankruptcy protection because managers fail to efficiently organize the company’s operations, misread market trends, pay inadequate attention to product quality, or misinterpret the activities and intentions of rival companies. Perhaps they fail to formulate optimal advertising or financing strategies, procure raw materials and components at least cost, or provide adequate incentives to motivate workers to put forth their best efforts. Managerial economics is the application of economic principles to topics of concern to managers. This textbook develops a framework for predicting managerial responses to changes in the business environment. It combines the various business disciplines with quantitative methods to identify optimal solutions to more efficiently achieve a firm’s organizational objectives. The topics discussed in this textbook are readily accessible to students with a background in the principles of microeconomics and business mathematics. The selection and organizations of topics makes the textbook appropriate for use in a wide range of curricula by students with different backgrounds.

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Genre : Business & Economics
Publisher : Vikas Publishing House
ISBN_10 : 9789325986688
Copyright Year : 1980
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This well-known book on the subject has stood the test of time for the last 35 years because of the quality of presentation of its text. It has become students’ favourite as it provides the latest theories, thoughts and applications on the subject with timely revisions to stay up-to-date all the time. Since its first edition, it has provided complete, comprehensive and authentic text on micro and macro aspects of managerial economics. It has now been revised thoroughly with added interpretations of economic theories and concepts and their application to managerial decisions. NEW IN THE EIGHTH EDITION • Summary at the end of each chapter for quick recap • One complete new chapter; several new sections Some New Important Sections • ‘Derivation of Demand Curve with Changing Marginal Utility of Money’, and ‘Why Demand Curve Slopes Downward to Right’ • ‘Expansion Path of Production’ and ‘Equilibrium of Multi-plant Monopoly’ • ‘Theory of Interest Rate Determination’ and ‘Monetary Sector Equilibrium’ • ‘Current Foreign Trade Policy of India’ and ‘Current Role of the IMF’ • ‘Monetary Policy’ and ‘Current Scenario of CSR in India’

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Genre : Machining
Publisher : Tata McGraw-Hill Education
ISBN_10 : 0070965188
Copyright Year : 1977
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📒 Managerial Economics by S. Charles Maurice

Genre : Business & Economics
Publisher : McGraw-Hill/Irwin
ISBN_10 : UOM:35128002101085
Copyright Year : 1985-01-01
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Genre : Investment analysis
Publisher : Tata McGraw-Hill Education
ISBN_10 : 9781259082146
Copyright Year : 1978
File Format : All Formats
File Download : 185
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Genre :
Publisher : Tata McGraw-Hill Education
ISBN_10 : 0074601261
Copyright Year : 1988-07-01
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📒 Managerial Economics by DEBABRATA DATTA

Genre : Business & Economics
Publisher : PHI Learning Pvt. Ltd.
ISBN_10 : 9788120352414
Copyright Year : 2017-04-01
File Format : All Formats
File Download : 604
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Managerial Economics, also known as business economics or Applied Microeconomics, helps in dealing with business decisions and management units effectively. This book discusses the theories and applications of Managerial Economics with the help of its various quantitative techniques like operations research, mathematical programming, game theory for strategic decisions, and other computational methods. Divided into 8 sections and 24 chapters, the book shows how conveniently one can find a solution to the business problems, such as Risk analysis, Production analysis, Pricing, Budgeting, Sales promotion and so on with Managerial Economics tools. Section I analyses the economic behaviour of the consumers; Section II discusses producers’ behaviour and issues related to the production; Sections III, IV and V talk about markets and firms and their types. The concluding Sections VI, VII and VIII delve on the application part of Economics in human resource management, finance, marketing and strategy. The chapters are well-supported with the cases, figures and important facts. The book is equipped with pedagogical aids in the form of Summary, Glossary, Important Terms, Numerical Problems and Multiple Choice Questions. Intended for the postgraduate students of Management, the book will be equally beneficial for the practising Managers.

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