The Economics of Managerial Decisions provides a comprehensive framework for understanding how to make effective business decisions by blending qualitative and quantitative economic principles. Authored by Roger Blair, this first edition focuses on real-world applications, moving beyond abstract theory to demonstrate how economic concepts function in actual business environments. By utilizing diverse examples from various sectors—such as analyzing production and cost through the lens of Pizza Hut or exploring monopoly dynamics with KV Pharmaceuticals—the text helps readers grasp how theory is applied across different professional contexts.
Designed for courses in managerial economics, the book emphasizes practical skill-building and strategic thinking. It guides students through the complexities of market structures, cost analysis, and competitive positioning, ensuring they develop the analytical tools necessary for modern management. This resource serves as an essential guide for mastering the economics behind successful business strategies and operational decision-making.
Product Details:
- Title: The Economics of Managerial Decisions (What’s New in Economics)
- Author: Roger Blair
- Edition: 1st Edition
- Publisher: Pearson
- Publication Date: January 19, 2018
- ISBN-13: 978-0134176062