McKenzie, Richard B. Author
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Paperback ยท ISBN 9781009507196
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| ISBN | 9781009507196 |
|---|---|
| Publisher | Cambridge University Press |
| Publication date | March 2024 |
| Language | English |
| MRP | ยฃ61.00 GBP |
| Page count | 566 |
| Item weight | 214 g |
This fully updated fourth edition explores microeconomic concepts, with a distinctive emphasis on 'the economic way of thinking' and its applicability to sharp managerial thinking, productivity, and good decision-making. It stands apart due to its strong focus on practical and applied knowledge from the business context and its unique structure (Part I of each chapter develops key economic principles; Part II draws on those principles to discuss organizational and incentive issues in management, focusing on solving the 'principal-agent' problem to maximize the profitability of the firm). There are plentiful real-life scenarios and provocative examples in each chapter. Accessible to MBA students, other graduate students and undergraduates, it is ideal as a core text for courses in Managerial Economics. Requiring an understanding of only basic algebra, this new edition is more concise with a wealth of online resources, including additional online chapters and an online appendix with more advanced mathematical applications.
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Biography not available.
Biography not available.
Biography not available.