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Economics for Managers

ISBN: 9780136065524 | 013606552X
Edition: 2nd
Format: Hardcover
Publisher: Prentice Hall
Pub. Date: 4/2/2009

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SummaryTable of Contents
For one semester MBA Managerial Economics coursesEconomics for Managers presents the fundamental ideas of microeconomics and macroeconomics and integrates them from a managerial decision-making perspective in a framework that can be used in a single-semester course.To be competitive in today's business environment, managers must understand how economic forces affect their business and the factors that must be considered when making business decisions. This is the only book that provides business students and MBAs with a thorough and applied und... MORE
... MORE
Microeconomic Analysis
Managers and Economics
Demand, Supply, and Equilibrium Prices
Demand Elasticities
Economic Model of Consumer Choice
Techniques for Understanding Consumer Demand and Behavior
Production and Cost Analysis in the Short Run
Production and Cost Analysis in the Long Run
Isoquant Analysis
Market Structure: Perfect Competition
Market Structure: Monopoly and Monopolistic Competition
Market Structure: Oligopoly
Data Sources for Firm and Industry Analysis (on Web site)
Pricing Strategies for the Firm
Macroeconomic Analysis
Measuring Macroeconomic Activity
Data Sources for Measuring Aggregate Economic Activity
Spending by Individuals, Firms, and Governments on Real Goods and Services
Numerical Example of Equilibrium and the Multiplier
Algebraic Derivation of the Aggregate Expenditure Function and the IS Curve
The Role of Money in the Macro Economy
Monetary Tools and the Market for Bank Reserves
Deriving the LM Curve
The Aggregate Model of the Macro Economy
Specific and General Equations for the Aggregate Macro Model
International and Balance of Payments Issues in the Macro Economy
Specific and General Equations for the Balance of Payments
Integration of the Frameworks 488
Combining Micro and Macro Analysis for Managerial Decision Making
Table of Contents provided by Publisher. All Rights Reserved.

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