Managerial economics applications, strategy, and tactics

With its emphasis on real world, manager-oriented applications, this text shows students how managers apply theories and techniques to analyze and solve real-world business problems. Over 200 applications, corporate examples, and "managerial challenges" support this approach.

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Bibliographic Details
Main Author: McGuigan, James R.
Other Authors: Moyer, R. Charles 1945-, Harris, Frederick H. deB
Format: Book
Language:English
Published: Cincinnati, Ohio South-Western College c1999
Edition:8th ed.
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Table of Contents:
  • Goals of the Firm
  • Fundamental Economic Concepts
  • Optimization Techniques
  • Constrained Optimization and Lagrangian Multiplier Techniques
  • Demand Analysis
  • Indifference Curve Analysis of Demand
  • Estimation of Demand
  • Nonlinear Regression Models
  • Business and Economic Forecasting
  • Forecasting with Vector Autoregressions
  • Exchange Rates and International Trade: Managing Exports
  • Production Economics
  • Maximization of Production Output Subject to a Cost Constraint
  • Production and Linear Programming
  • Cost Analysis
  • The Cobb-Douglas Production Function and the Long-Run Cost Function
  • Applications of Cost Theory
  • The Learning Curve
  • Linear-Programming Applications
  • Price, Output, and Strategy: Pure and Monopolistic Competition
  • Competitive Markets Under Asymmetric Information
  • Price and Output Determination: Monopoly
  • Price and Output Determination: Oligopoly Strategy and Tactics
  • Game-Theoretic Rivalry: Best Practice Tactics
  • Optimal Mechanism Design
  • Pricing Techniques and Analysis
  • Yield Management
  • Government Regulation
  • Economic Externalities and Market Failure
  • Long-Term Investment Analysis
  • Risk Analysis