Managerial Economics & Business Strategy

13 Chapters (389 Solutions)

1. The Fundamentals of Managerial Economics 31 Solutions 2. Market Forces: Demand and Supply 28 Solutions 3. Quantitative Demand Analysis 29 Solutions 4. The Theory of Individual Behavior 32 Solutions 5. The Production Process and Costs 30 Solutions 6. The Organization of the Firm 34 Solutions 8. Managing in Competitive, Monopolistic, and Monopolistically Competitive Markets 31 Solutions 9. Basic Oligopoly Models 27 Solutions 10. Game Theory: Inside Oligopoly 26 Solutions 11. Pricing Strategies for Firms with Market Power 26 Solutions

Overview of Managerial Economics & Business Strategy

Baye’s ‘Managerial Economics and Business Strategy’ is a pool of knowledge that provides students with the traditional and modern intermediate economics tools, industrial organization, and game theory. The fundamental objective of the book remains to make students and managers capable of making sound managerial decisions. However, the new feature of this 8th edition is real-life examples of managerial economics, which offers students a different learnings experience.
The book begins by teaching the practical use of basic economics tools such as supply and demand, production, indifference curves, present value analysis. It then moves to advanced concepts like oligopoly, vertical and horizontal integration, screening, signaling, and many more. This revised edition has retained the basic content from previous editions and included the updated examples and problems.