Managerial Economics: Theory and Practice

4 avg rating
( 1 ratings by Goodreads )
 
9780127408521: Managerial Economics: Theory and Practice
View all copies of this ISBN edition:
 
 

Managerial economics is the application of economic theory and quantitative methods (mathematics and statistics) to the managerial decision-making process. This book will appeal to students with limited prior training in economics and quantitative methods. It assumes that students will have had mathematics training at least through pre-calculus and that they have had a course in elementary statistics. It also expects students to have had an undergraduate course in intermediate microeconomics. The book includes these features: an Online Instructor's Manual; an Online Study Guide; a problem-solving approach to the study of managerial economics that combines the features of a standard managerial economics textbook with those of a separate study guide; a method for helping business students develop the analytical skills necessary for success in the study of managerial economics, finance, and management; and, a more extensive review of mathematical techniques than most comparable textbooks. It contains a separate chapter on game theory, including: noncooperative, simultaneous-move, one- shot games; cooperative, simultaneous-move, infinitely- repeated games (including collusions, cheating rules, and determinants of collusive agreements); cooperative, simultaneous-move, finitely- repeated games; focal-point equilibria; multistage games; bargaining with and without symmetric and asymmetric impatience. It contains a chapter on the time value of money and capital budgeting. There is the accentuation of risk, uncertainty, and the economics of information throughout Book. It is practice oriented, avoiding complex theoretical explanations with cumbersome notation. The problems are included in each section and are made integral to learning and understanding subjects. Math review uses economic relationships instead of general notation. There is excellent balance among motivation, theory, and examples, and clear exposition. It emphasizes utility and applicability, not innovation. Chapters conclude with: chapter review, key terms and concepts, chapter questions, chapter exercises, and selected readings.

"synopsis" may belong to another edition of this title.

From the Back Cover:

Managerial economics is the application of economic theory and quantitative methods (mathematics and statistics) to the managerial decision-making process. This text, which will appeal to students with limited prior training in economics and quantitative methods, includes :

* A problem-solving approach to the study of managerial economics that combines the features of a standard managerial economics textbook with those of a separate study guide.
* A method for helping business students develop the analytical skills necessary for success in the study of managerial economics, finance, and management.
* A more extensive review of mathematical techniques than most comparable textbooks.
* A separate chapter on game theory, including:
* Noncooperative, simultaneous-move, one- shot games
* Cooperative, simultaneous-move, infinitely- repeated games (including collusions, cheating rules, and determinants of collusive agreements)
* Cooperative, simultaneous-move, finitely- repeated games
* Focal-point equilibria
* Multistage games
* Bargaining with and without symmetric and asymmetric impatience
* A chapter on the time value of money and capital budgeting. Unlike customary treatments, which emphasize per-period profit maximization, this chapter explores long-term, strategic management decisions involving streams of expenditures and revenues.
* The accentuation of risk, uncertainty, and the economics of information throughout.
* An Instructor's Manual
* A Study Guide

Author Biography
Thomas J. Webster is a professor in the department of finance and economics at the Lubin School of Business of Pace University in New York City. Before joining the faculty of the Lubin School of Business, Professor Webster held positions as international economist with a New York based money-center commercial bank and with the federal government in Washington, DC. In addition to his teaching duties at the Lubin School, Professor Webster has served as both graduate and undergraduate finance program chair, and faculty advisor for Beta Gamma Sigma, the international honor society for collegiate schools of business accredited by AACSB International: The Association to Advance Collegiate Schools of Business. Professor Webster is a recipient of the Lubin School of Business Scholarly Research Award for Basic Research, the Lubin School of Business Outstanding Faculty Service Award, the Pace University Award for Distinguished Service, and the Beta Gamma Sigma Commitment to Excellence Award. Professor Webster received his B.A. from the School of International Service of The American University in Washington, DC, and his M.A. and M.Phil. and Ph.D. from The City University of New York.

About the Author:

Thomas J. Webster is a professor in the department of finance and economics at the Lubin School of Business of Pace University in New York City. Before joining the faculty of the Lubin School of Business, Professor Webster held positions as international economist with a New York based money-center commercial bank and with the federal government in Washington, DC. In addition to his teaching duties at the Lubin School, Professor Webster has served as both graduate and undergraduate finance program chair, and faculty advisor for Beta Gamma Sigma, the international honor society for collegiate schools of business accredited by AACSB International: The Association to Advance Collegiate Schools of Business. Professor Webster is a recipient of the Lubin School of Business Scholarly Research Award for Basic Research, the Lubin School of Business Outstanding Faculty Service Award, the Pace Unviersity Award for Distinguished Service, and the Beta Gamma Sigma Commitment to Excellence Award. Professor Webster received his B.A. from the School of International Service of The American University in Washington, DC, and his M.A. and M.Phil. and Ph.D. from The City University of New York.

"About this title" may belong to another edition of this title.

Other Popular Editions of the Same Title

9788181473646: Managerial Ecomomics

Featured Edition

ISBN 10:  8181473647 ISBN 13:  9788181473646
Publisher: Elsevier, 2003
Softcover

Top Search Results from the AbeBooks Marketplace

International Edition
International Edition

1.

T.J. Webster
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Softcover First Edition Quantity Available: > 20
International Edition
Seller:
LowPriceBookDeals
(Wilmington, DE, U.S.A.)
Rating
[?]

Book Description Softcover. Condition: New. 1st edition. Brand NEW, Paperback International Edition. Black & White or color, Cover and ISBN may be different but similar contents as US editions. Standard delivery takes 5-9 business days by USPS/DHL with tracking number. Choose expedited shipping for superfast delivery 3-5 business days by UPS/DHL/FEDEX. We also ship to PO Box addresses but by Standard delivery and shipping charges will be extra. International Edition Textbooks may bear a label -Not for sale in the U.S. or Canada- etc. printed only to discourage U.S. students from obtaining an affordable copy. Legal to use despite any disclaimer on cover as per US court. No access code or CD included unless specified. In some instances, the international textbooks may have different exercises at the end of the chapters. Printed in English. We may ship the books from multiple warehouses across the globe, including India depending upon the availability of inventory storage. In case of orders from Europe, custom charges may comply by the relevant government authority and we are not liable for it. 100% Customer satisfaction guaranteed! Please feel free to contact us for any queries. Seller Inventory # ABUS1658378

More information about this seller | Contact this seller

Buy New
US$ 17.11
Convert Currency

Add to Basket

Shipping: US$ 3.95
Within U.S.A.
Destination, Rates & Speeds
International Edition
International Edition

2.

Webster T.J.
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Quantity Available: 10
International Edition
Seller:
Unique Bookseller
(Delhi, India)
Rating
[?]

Book Description 2003. Condition: Brand New. .. Black & White or color International Edition. ISBN and front cover may be different, but contents are same as the US edition. Book printed in English. Territorial restrictions may be printed on the book. GET IT FAST within 3-5 business days by DHL/FedEx/Aramex and tracking number will be uploaded into your order page within 24-48 hours. Kindly provide day time phone number in order to ensure smooth delivery. No shipping to PO BOX, APO, FPO addresses. 100% Customer satisfaction guaranteed!. . Seller Inventory # UBS10727

More information about this seller | Contact this seller

Buy New
US$ 21.11
Convert Currency

Add to Basket

Shipping: FREE
From India to U.S.A.
Destination, Rates & Speeds
International Edition
International Edition

3.

WEBSTER THOMAS J.
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Quantity Available: 2
International Edition
Seller:
firstbookstore
(New Delhi, India)
Rating
[?]

Book Description Condition: Brand New. Brand New Paperback International Edition, Perfect Condition. Printed in English. Excellent Quality, Service and customer satisfaction guaranteed!. Seller Inventory # AIND-42012

More information about this seller | Contact this seller

Buy New
US$ 22.54
Convert Currency

Add to Basket

Shipping: FREE
From India to U.S.A.
Destination, Rates & Speeds
International Edition
International Edition

4.

Webster T.J.
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Quantity Available: 1
International Edition
Seller:
Bookshub
(Karol Bagh, India)
Rating
[?]

Book Description Condition: New. New. International edition. Different ISBN and Cover image but contents are same as US edition. Perfect condition. Customer satisfaction our priority. Seller Inventory # ABE-FEB-129892

More information about this seller | Contact this seller

Buy New
US$ 22.76
Convert Currency

Add to Basket

Shipping: FREE
From India to U.S.A.
Destination, Rates & Speeds
International Edition
International Edition

5.

Webster T.J.
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Quantity Available: 1
International Edition
Seller:
EBOOKSTORE2010
(New Delhi, ND, India)
Rating
[?]

Book Description Condition: Brand New. New. SoftCover International edition. Different ISBN and Cover image but contents are same as US edition. Customer Satisfaction guaranteed!!. Seller Inventory # SHUB129892

More information about this seller | Contact this seller

Buy New
US$ 22.81
Convert Currency

Add to Basket

Shipping: FREE
From India to U.S.A.
Destination, Rates & Speeds
International Edition
International Edition

6.

WEBSTER THOMAS J.
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Softcover Quantity Available: 2
International Edition
Seller:
Romtrade Corp.
(STERLING HEIGHTS, MI, U.S.A.)
Rating
[?]

Book Description Condition: New. Brand New Paperback International Edition.We Ship to PO BOX Address also. EXPEDITED shipping option also available for faster delivery.This item may ship fro the US or other locations in India depending on your location and availability. Seller Inventory # AUSBNEW-42012

More information about this seller | Contact this seller

Buy New
US$ 24.86
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds
International Edition
International Edition

7.

Webster T.J.
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Softcover Quantity Available: 1
International Edition
Seller:
Basi6 International
(Irving, TX, U.S.A.)
Rating
[?]

Book Description Condition: Brand New. New, SoftCover International edition. Different ISBN and Cover image but contents are same as US edition. Excellent Customer Service. Seller Inventory # ABEUSA-129892

More information about this seller | Contact this seller

Buy New
US$ 24.88
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

8.

Thomas J. Webster
Published by Emerald Publishing Limited, United Kingdom (2003)
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Hardcover Quantity Available: 10
Seller:
Book Depository hard to find
(London, United Kingdom)
Rating
[?]

Book Description Emerald Publishing Limited, United Kingdom, 2003. Hardback. Condition: New. New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Managerial economics is the application of economic theory and quantitative methods (mathematics and statistics) to the managerial decision-making process. This book will appeal to students with limited prior training in economics and quantitative methods. It assumes that students will have had mathematics training at least through pre-calculus and that they have had a course in elementary statistics. It also expects students to have had an undergraduate course in intermediate microeconomics. The book includes these features: an Online Instructor s Manual; an Online Study Guide; a problem-solving approach to the study of managerial economics that combines the features of a standard managerial economics textbook with those of a separate study guide; a method for helping business students develop the analytical skills necessary for success in the study of managerial economics, finance, and management; and, a more extensive review of mathematical techniques than most comparable textbooks. It contains a separate chapter on game theory, including: noncooperative, simultaneous-move, one- shot games; cooperative, simultaneous-move, infinitely- repeated games (including collusions, cheating rules, and determinants of collusive agreements); cooperative, simultaneous-move, finitely- repeated games; focal-point equilibria; multistage games; bargaining with and without symmetric and asymmetric impatience. It contains a chapter on the time value of money and capital budgeting. There is the accentuation of risk, uncertainty, and the economics of information throughout Book. It is practice oriented, avoiding complex theoretical explanations with cumbersome notation. The problems are included in each section and are made integral to learning and understanding subjects. Math review uses economic relationships instead of general notation. There is excellent balance among motivation, theory, and examples, and clear exposition. It emphasizes utility and applicability, not innovation. Chapters conclude with: chapter review, key terms and concepts, chapter questions, chapter exercises, and selected readings. Seller Inventory # TNP9780127408521

More information about this seller | Contact this seller

Buy New
US$ 100.58
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

9.

THOMAS J. WEBSTER
Published by EMERALD (2003)
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Hardcover Quantity Available: 1
Seller:
Herb Tandree Philosophy Books
(Stroud, GLOS, United Kingdom)
Rating
[?]

Book Description EMERALD, 2003. Hardback. Condition: NEW. 9780127408521 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. For all enquiries, please contact Herb Tandree Philosophy Books directly - customer service is our primary goal. Seller Inventory # HTANDREE01046489

More information about this seller | Contact this seller

Buy New
US$ 106.52
Convert Currency

Add to Basket

Shipping: US$ 10.61
From United Kingdom to U.S.A.
Destination, Rates & Speeds

10.

Thomas J. Webster
Published by Emerald Group Publishing (2003)
ISBN 10: 0127408525 ISBN 13: 9780127408521
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description Emerald Group Publishing, 2003. Hardcover. Condition: New. Seller Inventory # DADAX0127408525

More information about this seller | Contact this seller

Buy New
US$ 126.90
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

There are more copies of this book

View all search results for this book