Managerial Economics and Business Strategy(8th edition)
Authors:
Michael Baye, Jeff Prince
In Stock: 1 Left
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Solution Manual Includes
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$9.99
Book details
ISBN: 9780077802615, 73523224, 77802616, 978-0073523224
Book publisher: McGraw-Hill Education
Book Price $0 : Managerial Economics and Business Strategy by Michael Baye and Jeff Prince, now in its 8th edition, is a pivotal resource for understanding the intricate link between managerial decision-making and economic theory. The book meticulously details how economic theory can be applied to enhance business strategy. Central to its narrative is the effective integration of microeconomic principles, focusing on demand analysis, production and cost functions, and market structure, which serve as invaluable tools for managers to make informed, strategic decisions. The rewrite of complex statistical concepts ensures ease of understanding, ideal for MBA students and business executives alike. The book’s solution manual, answer key, and detailed table of contents provide an organized framework, assisting learners in navigating through themes such as pricing strategies, oligopoly, and game theory. The inclusion of current, pragmatic case studies allows readers to evaluate real-life business scenarios, offering a rich context for the application of theoretical concepts. Acclaimed in academic circles, its pedagogical approach and clarity make it an essential textbook for anyone keen to delve into managerial economics. Enabling a deeper understanding of competitive markets, the book is celebrated for bridging the gap between economics and business strategy effectively. Furthermore, it stands out by addressing contemporary issues which enable learners to develop comprehensive economic strategies that are well-suited for today’s dynamic business environment. Keywords associated with this book include topics like demand elasticity, optimal pricing strategies, and market equilibrium. For educators, this cheap resource provides cost-effective supplemental materials to use in class.
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