Managerial Economics(12th edition)

Authors:

Mark Hirschey

Type:Hardcover/ PaperBack / Loose Leaf
Condition: Used/New

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Book details

ISBN: 9780324584844, 324588860, 324584849, 978-0324588866

Book publisher: Cengage Learning

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Book Price $0 : Managerial Economics by Mark Hirschey is an essential resource for understanding the application of economic principles to managerial decision-making processes. This textbook provides a thorough exploration of key themes such as the optimization of scarce resources, cost-benefit analysis, and the dynamics of supply and demand in competitive markets. The book's structure, detailed in the comprehensive table of contents, facilitates the learning of complex economic concepts and their application to real-world business challenges. With its clear explanations, the text serves as a valuable guide for managers seeking to enhance their strategic decision-making capabilities. The inclusion of numerous case studies critically examines the intersection of economic theory and management practice, underscoring topics like pricing strategies, risk analysis, and production efficiency. The solution manual and answer key provide students and professionals with a practical tool to test their understanding and improve their problem-solving skills. This edition has been well-received for its practical approach, integrating theoretical content with applicable managerial strategies to solve contemporary business problems. In summary, Managerial Economics bridges the gap between economic theories and practical business applications, guiding readers through strategic analysis and decision-making tools that are vital for managerial success. Increasingly recognized as an indispensable reference, this book challenges its audience to think critically about economic forces and how they influence business operations. For a comprehensive understanding of this textbook, students might explore courses such as principles of microeconomics, business strategy development, economic forecasting, market analysis, and managerial finance to further develop intuitive and strategic economic competencies. Cheap learning materials like this summary can significantly reduce the cost of academic success.

See the other edition of "Managerial Economics"

Managerial Economics - 14th Revised Edition

Mark Hirschey

ISBN: 9781473709263

$227.47 $324.95