Managerial Economics: Applications, Strategy, and Tactics by James R. McGuigan, R. Charles Moyer, Frederick H. deB.

By James R. McGuigan, R. Charles Moyer, Frederick H. deB. Harris

Full of strong examples from genuine managers, MANAGERIAL ECONOMICS, 12e teaches you ways to imagine analytically -- and make larger enterprise judgements. Written by means of a professional and well-respected writer staff, Managerial Economics equips readers with the commercial instruments to prevent analytic pitfalls and develop into more beneficial managers. Drawing from greater than three hundred real-world functions, the authors illustrate how genuine managers observe fiscal theories and strategies to resolve genuine enterprise difficulties. present, finished, and leading edge, this re-creation contains broad assurance of the newest analytical instruments in managerial economics, together with game-theoretic strategies, info economics, and organizational structure. It additionally bargains remarkable assurance of "green" companies and company advancements making the most of environmentally-friendly practices and product wishes. The textual content caters to quite a few studying kinds because it provides key analytical ideas in different methods, together with tabular research, graphical research, and algebraic research. scholars study in a layout with which they're cozy, making tricky fabric extra obtainable and more uncomplicated to appreciate.

Show description

Read or Download Managerial Economics: Applications, Strategy, and Tactics PDF

Similar managerial books

Strategic Business Tax Planning, Second Edition

Strategic enterprise Tax making plans, moment variation is the definitive guide on enterprise tax making plans, skipping the pointless and minute taxation info and focusing as a substitute at the enormous photo in taxes. prepared round enterprise methods, this reader-friendly advisor indicates you the way to optimally placed tax administration rules to paintings on your company.

Single Point of Failure: The 10 Essential Laws of Supply Chain Risk Management

During the last decade corporations have confronted relentless buyer call for for larger worth at much less expense, person customization, larger selection, quicker supply, better caliber, unprecedented provider, and extra lately – elevated environmental and social attention. The organization’s weapon of choice to deal with this expanding call for has been the availability chain.

Review of Management Accounting Research

A finished assessment of latest learn in administration accounting. offers a radical severe research of modern matters released within the administration accounting literature and identifies gaps for destiny examine in each one factor reviewed.

Fair Value Accounting: Key Issues Arising from the Financial Crisis

The 2008 monetary problem has grew to become a focus at the position of economic reporting during times of financial downturn. In analysing the monetary predicament, many commentators have attributed blame to reasonable worth accounting (FVA) as a result of pro-cyclical impression it most likely introduces in banks' monetary statements.

Additional resources for Managerial Economics: Applications, Strategy, and Tactics

Sample text

All All Rights Rights Reserved. Reserved. May May not not be be copied, copied, scanned, scanned, or or duplicated, duplicated, in in whole whole or or in in part. part. 16 Part 1: Introduction Caveats to Maximizing Shareholder Value Managers should concentrate on maximizing shareholder value alone only if three conditions are met. These conditions require: (1) complete markets, (2) no significant asymmetric information, and (3) known recontracting costs. We now discuss how a violation of any of these conditions necessitates a much larger view of management’s role in firm decision making.

Explain why. a. New foreign competitors enter the market. b. Strict pollution control requirements are enacted. c. A previously nonunion workforce votes to unionize. d. The rate of inflation increases substantially. e. A major technological breakthrough is achieved by the firm, reducing its costs of production. Copyright 2011 Copyright 2011 Cengage Cengage Learning. Learning. All All Rights Rights Reserved. Reserved. May May not not be be copied, copied, scanned, scanned, or or duplicated, duplicated, in in whole whole or or in in part.

26–36. 11 Copyright 2011 Copyright 2011 Cengage Cengage Learning. Learning. All All Rights Rights Reserved. Reserved. May May not not be be copied, copied, scanned, scanned, or or duplicated, duplicated, in in whole whole or or in in part. part. 14 Part 1: Introduction WHAT WENT RIGHT • WHAT WENT WRONG Eli Lilly Depressed by Loss of Prozac Patent12 Pharmaceutical giants like GlaxoSmithKline, Merck, Pfizer, and Eli Lilly expend an average of $802 million to develop a new drug. 3 years to research and test for efficacy and side effects, conduct clinical trials, and then produce and market a new drug.

Download PDF sample

Rated 4.50 of 5 – based on 33 votes