Managerial Economics (The Mcgraw-hill Economics Series)
SLE 377
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The goal of Thomas and Maurice's Managerial Economics is to teach students the economic way of thinking about business decision and strategy.
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What Stands Out
Product Details
| Publisher | McGraw Hill |
| Publication date | September 22, 2015 |
| Edition | 12th |
| Language | English |
| Print length | 736 pages |
| ISBN-10 | 9780078021909 |
| ISBN-13 | 978-0078021909 |
| Item Weight | 3 pounds (1.36 kg) |
| Dimensions | 8.2 x 1.25 x 9.4 inches (20.8 x 3.2 x 23.9 cm) |
Who Should Buy?
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Business Students
Ideal for undergraduate and graduate students studying business economics or related fields, offering practical applications and theories.
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Managers and Executives
Useful for professionals seeking to enhance decision-making skills and economic reasoning in a managerial context.
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Policy Analysts
Valuable for analysts needing economic frameworks to evaluate policies and business strategies in various industries.
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General Readers
Not suitable for laypersons lacking background knowledge in economics, as it contains complex theories and terminology.
Product Description
Managerial Economics (The Mcgraw-hill Economics Series)
Customer Questions & Answers
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Question:
What is the focus of Managerial Economics The Mcgraw-hill Economics Series 12th Edition?
Answer: Managerial Economics The Mcgraw-hill Economics Series 12th Edition primarily focuses on the application of economic theory and methodologies to business decision-making. It provides insights into how various economic principles influence managerial decisions. The book delves into crucial topics such as demand analysis, production and cost functions, market structures, and pricing strategies. For students and professionals, understanding these elements is crucial for navigating competitive environments and making informed strategic choices. -
Question:
Who is the author of Managerial Economics The Mcgraw-hill Economics Series 12th Edition?
Answer: The book is authored by William F. Samuelson and Stephen G. Marks, both respected figures in the fields of economics and business education. Their collaborative expertise brings together theoretical perspectives and practical applications that enrich the learning experience. The authors have integrated real-world examples with theoretical frameworks, making it a valuable resource for both scholars and practitioners looking to understand managerial economics' crucial aspects. -
Question:
Is Managerial Economics The Mcgraw-hill Economics Series 12th Edition suitable for beginners?
Answer: Yes, this edition is designed to be accessible to both beginners and those with prior knowledge of economics. It starts with foundational concepts before progressing into complex applications, making it ideal for students new to the subject. Beginners can grasp essential economic principles, while advanced learners can gain deeper insights into managerial strategies that affect organizational success, enhancing their academic and professional development. -
Question:
What are the key topics covered in Managerial Economics The Mcgraw-hill Economics Series 12th Edition?
Answer: Key topics include demand theory, production and cost analysis, market structures, pricing strategies, game theory, and strategic behavior. Each topic is presented in a way that emphasizes its practical significance in managerial decision-making. This comprehensive coverage equips readers with the ability to analyze market trends and make data-driven decisions, essential for effective management in various business contexts. -
Question:
How does Managerial Economics The Mcgraw-hill Economics Series 12th Edition address real-world applications?
Answer: The text includes numerous case studies and practical examples that highlight the real-world application of economic principles in business decision-making. These scenarios illustrate how managers can use economic analysis to tackle practical problems, optimize resources, and enhance operational efficiency. This engaging approach allows readers to bridge the gap between theory and practice, empowering them to apply their learning in actual managerial situations. -
Question:
Does this edition include updated economic data and analysis?
Answer: Yes, the 12th Edition features updated economic data and analyses, reflecting the latest trends and changes in the Sierra Leone marketplace. By incorporating contemporary case studies and examples, the authors have ensured that readers receive the most relevant information, enhancing their understanding of current economic conditions. This makes the book a vital resource for those looking to apply timely and relatable economic concepts to their managerial strategies. -
Question:
What skills can readers expect to develop from Managerial Economics The Mcgraw-hill Economics Series 12th Edition?
Answer: Readers can expect to develop analytical skills that are critical for effective decision-making, including problem-solving, quantitative analysis, and strategic thinking. The book's blend of theoretical frameworks and practical applications equips readers with the tools to evaluate market conditions, forecast economic trends, and make informed decisions. These skills are essential not only for academic pursuits but also for real-world business challenges. -
Question:
Is there a workbook or supplementary material available with this edition?
Answer: Yes, alongside this edition, there are various supplementary materials such as workbooks, online resources, and instructional guides available to enhance the learning experience. These resources provide additional exercises, case studies, and quizzes that reinforce key concepts, allowing readers to practice and apply what they have learned. Utilizing these materials can significantly enhance comprehension and retention of managerial economics. -
Question:
How can I effectively use Managerial Economics The Mcgraw-hill Economics Series 12th Edition in my studies?
Answer: To effectively use this book, start by reading each chapter carefully and taking note of key concepts. Apply the theories to real-life business scenarios to see how they operate in practice. Participate in discussions and study groups to deepen your understanding. Additionally, utilizing supplementary materials can provide a structured approach to applying economic principles, reinforcing your proficiency in managerial economics. -
Question:
Where can I buy Managerial Economics The Mcgraw-hill Economics Series 12th Edition?
Answer: You can purchase Managerial Economics The Mcgraw-hill Economics Series 12th Edition on Ubuy. Ubuy offers a reliable platform for finding and acquiring this essential textbook, providing convenience and accessibility to customers across various locations. You'll find various formats, ensuring you choose the one that best suits your learning needs.
Economics Editorial Review
The Managerial Economics book has received mixed reviews from customers. Some customers found the book to be in poor condition upon arrival, with ripped covers and missing or duplicate pages. However, others praised the book for its affordable price and good customer service. The content of the book was also appreciated by some customers who found it enjoyable to read. However, there were also complaints about mistakes in the content and the confusing wording, making it difficult for non-economists to understand.
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Pros
- Affordable price
- Enjoyable to read
- Book in good condition
Cons
- Poor condition upon arrival
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SLE 377
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Features & Benefits
- Develops critical thinking skills for business decisions and strategic planning
- Accessible textbook that requires no previous training in economics
- Designed to be one of the most accessible books in managerial economics
- Rigorous style of presentation
- Strong end-of-chapter problems to aid in learning
- Focuses on the most useful concepts for business decision making and strategic planning
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