Managerial Economics

The seventeenth edition of Managerial Economics combines quantitative methods and economic analysis with a practical, problem-solving approach to enable you to develop the skills required to make informed managerial decisions. Managerial economics will help you develop the mindset needed to succeed in your business career by teaching you how to more effectively collect, organize and analyze information.This text's unique, integrative approach demonstrates the cohesive nature of organizations and how business decisions are interdisciplinary - you will learn how accounting, finance, marketing, personnel and production functions all need to integrate effectively, to ensure success.Using economic concepts and tools applied to updated and engaging examples of real-world companies and management situations, the authors provide you with a robust approach to the practical application of the academic principles of managerial economics.