Managerial economics

by Hirschey, Mark

Type Book
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The economic concepts presented in this edition show you how to use common sense to understand business and solve managerial problems. This innovative text helps you sharpen your economic intuition--an invaluable skill that helps you, as a future manager, decide which products to produce, costs to consider, and prices to charge, as well as the best hiring policy and the most effective style of organization. With its unique integrative approach, the text demonstrates that important business deci…

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Title Statements

  • Full title :Managerial economics / Mark Hirschey.

Summary

The economic concepts presented in this edition show you how to use common sense to understand business and solve managerial problems. This innovative text helps you sharpen your economic intuition--an invaluable skill that helps you, as a future manager, decide which products to produce, costs to consider, and prices to charge, as well as the best hiring policy and the most effective style of organization. With its unique integrative approach, the text demonstrates that important business decisions are interdisciplinary, illustrating how different functions work together. A basic valuation model is constructed and used as the underlying economic model of the firm; each topic is then related to an element of the value maximization model--a process that shows how management integrates accounting, finance, marketing, personnel, and production functions. The text also provides an intuitive guide to marginal analysis and basic economic relations.

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Edition Statements

  • Publication Date:©2009.
  • Edition:12th edition

Publication Statements

The Physical Object

  • Description:1 online resource (xxvii, 836 pages : : illustrations)

Edition Identifiers

  • oclc:on1302143075
  • LC Classification:HD30.22
  • Dewey Decimal:658.15

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