Managerial Economics A Problem Solving Approach(1st Edition)
Authors:
Luke M. Froeb, Brian T. McCann
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Solution Manual Includes
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$9.99
Book details
ISBN: 0324359810, 9780324359817
Book publisher: Cengage Learning
Book Price $0 : The book 'Managerial Economics: A Problem Solving Approach' by Luke M. Froeb and Brian T. McCann offers a comprehensive guide for understanding how economic principles influence managerial decision-making within businesses. Emphasizing the application of economic theory to solve real-world business problems, this book provides readers with practical insights into the processes that underlie effective management. The first edition of this text is structured to enhance a practical understanding of economic concepts through various tools, ultimately aiding in the development of robust problem-solving skills. The authors incorporate various themes like demand analysis, production and cost functions, market structure, and pricing strategies, empowering managers to make informed operational decisions. A notable feature of the book is its solution manual, which assists learners in tackling complex economic challenges by offering step-by-step solutions. Additionally, an answer key is provided to enhance students’ comprehension of key concepts and methodologies. The table of contents is meticulously organized, guiding readers from foundational concepts to advanced applications of managerial economics. The reception of the book has been positive, with commendations for its practical approach to teaching economics in management contexts and its ability to simplify complex theoretical constructs. Overall, this text serves as a vital resource for those seeking to leverage economic theory to optimize managerial strategies.
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