Features
- Cover Type: Hard Cover with 672 pages
- Published by: Oxford University Press, USA
- Edition: 6th Edition October 27, 2006
- Written in: English
- ISBN 10 Number: 0195307194
- ISBN 13 Number: 978-0195307191
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Book Dimensions:
9.3 x 7.7 x 1.3 inches
- Weighs: 2.8 pounds
Product Description
Managerial Economics in a Global Economy, Sixth Edition, synthesizes economic theory, decision science, and various aspects of business administration studies, looking at how they interact as a firm attempts to reach optimal profitability and efficiency in the face of constraints. It features 129 real-world case studies and six longer, detailed studies--more than any other text on the market. In addition, author Dominick Salvatore fully integrates material on the international ramifications of managerial decisions into the entire text, instead of segregating it in a separate chapter or in a few case studies.
The book is divided into five parts. Part One looks at the nature and scope of managerial economics, presents the theory of the firm, and reviews optimization techniques. Part Two analyzes demand. Part Three presents the theory and measurement of the firm's production and costs. Part Four brings together demand analysis with production and cost analysis to show how price and output are determined under various forms of market organization. Part Five looks at regulation and antitrust, the role of government in the economy, risk analysis, long-term investment decisions, and capital budgeting.
Managerial Economics in a Global Economy, Sixth Edition, is ideal for upper-level undergraduate and graduate courses in managerial economics.
About The Author
Dominick Salvatore is Professor of Economics and Business at Fordham University, Visiting Professor at the Vienna Economics and Business Administration University, and Honorary Professor at the Shanghai Finance University. He is president of the North American Economics and Finance Association, a former chairman of the New York Academy of Sciences, and a consultant to the Economic Policy Institute in Washington, the United Nations, and various multinational banks and corporations. He is the author, coauthor, or editor of forty-four books.
Reader ReviewsIf you have to read for a Master's in Business, this is the book for you! Delivered when promised and in the condition they stated.