Managerial Economics 4th Edition by H. Craig

Publisher: ECONOMICS

Availability: In Stock
SKU: 02224
Number of Pages: 675

Rs.490.00

Rs.675.00

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Description
Reviews

Description

"Managerial Economics 4th Edition" by H. Craig Petersen and W. Cris Lewis is a comprehensive textbook that bridges the gap between economic theory and practical business decision-making. The book is designed to equip managers with the essential economic tools and concepts necessary to make informed decisions in a business environment. It covers a wide range of topics, including demand analysis, production and cost functions, market structures, pricing strategies, and risk analysis. The 4th edition has been updated to include contemporary examples and applications, making it a relevant and practical guide for students and professionals alike.

Key Points

Economic Theory Application: Integrates economic theory with business decision-making.
- Elaboration: Provides managers with the tools to apply economic principles to real-world business challenges.
Comprehensive Coverage: Covers all major topics in managerial economics.
- Elaboration: Includes demand analysis, production and cost functions, market structures, and pricing strategies, among others.
Updated Content: Reflects current economic conditions and business practices.
- Elaboration: Incorporates contemporary examples and case studies to illustrate how economic theory is applied in today’s business environment.
Decision-Making Focus: Emphasizes the role of economics in managerial decision-making.
- Elaboration: Offers practical insights into how managers can use economic analysis to make better business decisions.
User-Friendly Approach: Designed for both students and professionals.
- Elaboration: Features clear explanations, diagrams, and problem sets to enhance understanding and facilitate learning.

Conclusion

"Managerial Economics 4th Edition" by H. Craig Petersen and W. Cris Lewis is an invaluable resource for both students and professionals looking to enhance their understanding of economics in a managerial context. The book’s comprehensive coverage, focus on decision-making, and practical examples make it an essential guide for anyone involved in business management. Whether you are a student seeking to grasp the fundamentals or a manager looking to refine your decision-making skills, this textbook offers the tools and insights needed to succeed.

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